Jeff

Why Jeff Bezos is pouring billions into tackling climate change

Jeff Bezos - AP
Jeff Bezos – AP

Jeff Bezos wants you to know that Amazon is serious about tackling climate change. In the space of four days last week, his company launched a $2bn venture capital fund to invest in technologies that tackle carbon emissions, bought an electric self-driving car firm and revealed that it would rename a Seattle hockey stadium to the “Climate Pledge Arena”.

“Instead of calling it Amazon Arena, we’re naming it Climate Pledge Arena as a regular reminder of the urgent need for climate action,” the billionaire founder wrote in an Instagram post captioning a rendering of the stadium’s future logo. 

In February, he announced a $10bn pledge in his own name to finance scientists and charities on the frontline of global warming, building on an order of 100,000 electric vehicles last year from car manufacturer Rivian and a 2040 target to have net zero emissions.

The moves are

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