General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThank you Jeff Bezos. Pledges $10 billion with b
To combat climate change. Take that MF45!
https://finance.yahoo.com/news/jeff-bezos-10-billion-climate-change-200822069.html
marlakay
(11,470 posts)I will wait and see what he actually does with his fund.
Laura PourMeADrink
(42,770 posts)Golf courses, casinos and hotels with the money?
maxsolomon
(33,345 posts)Buy them and take them out of commission. Reduces their carbon footprint!
TheBlackAdder
(28,205 posts)guillaumeb
(42,641 posts)and using more planes and trucks to deliver the packages.
And underpaying his warehouse workers.
Thank you, billionaire wonder citizen Bezos.
live love laugh
(13,114 posts)similar companies pay that as a minimum? MacDonalds has been denying the $15 wage for more than five years.
At least Bezos is doing something. He could have easily hoarded his wealth like greedy Republicans.
guillaumeb
(42,641 posts)And there are many stories about Amazon workers qualifying for state benefits, which means that Bezos is externalizing his costs on to the taxpayers.
Blue_true
(31,261 posts)That was refuted. Why don't you answer the counter to your claim about wages? If workers in some states are on state aid, how are ones making less than $15/HR doing?
guillaumeb
(42,641 posts)And his externalizing of what should be his costs onto you and me and every other taxpayers should be your concern.
Blue_true
(31,261 posts)Your "facts" are messed up. Even in most large cities, unskilled labor starts at maybe $11/HR tops.
If we are going to deal with income inequality, we need to start with facts instead of just throwing shit around.
You still didn't answer the other posters question.
guillaumeb
(42,641 posts)it would be approximately $21 per hour.
Income inequality does not magically happen, it is part of a political philosophy that often underpays certain type of work and overpays others.
Blue_true
(31,261 posts)paying his unskilled warehouse workers at least $15/HR, which I am certain beats starting wages for unskilled workers living around them.
Let's stay focused on reality, that is the only way that we get to a better state of being.
qwlauren35
(6,148 posts)So it sounds like he could do two things.
1.) Convert his fleet to electric.
2.) Set up enough package centers so that flying is minimized.
I think I may see if it could be considered.
guillaumeb
(42,641 posts)And yes, steps can be taken to minimize the carbon footprint, and they should be taken.
What remains is that Bezos is literally making a brave new world for all of us to live in.
A world where millions qualify for various types of State and Federal aid, while the 1% exercise more power over all of us.
Greybnk48
(10,168 posts)like the rest of us citizens have to.
live love laugh
(13,114 posts)Greybnk48
(10,168 posts)live love laugh
(13,114 posts)guillaumeb
(42,641 posts)Bradical79
(4,490 posts)His income (salary) is technically around $80K/year. A lot of his wealth is tens of billions of Amazon shares. How everything works out tax wise, I have no idea. We don't get to look at his tax returns either, so we can only really look at the buisiness that increased his net worth by around $40 to $50 billion in a year. Amazon pays no federal income tax, and actually got a $137,000,000 refund in 2017.
And while part of that $10 Billion will go towards fighting homelessness, this is following his company fighting against a Seatle tax meant to combat homelessness. What Amazon, Bezos, and other Billionaire empires do is cause a lot of damage, horde wealth, then throw some breadcrumbs (relative to what they've done and gained) to look like philanthropists.
USALiberal
(10,877 posts)MyNameGoesHere
(7,638 posts)They'll have to think fast why this is so horrible. Damn they figured it out as I was posting. They're quick!
USALiberal
(10,877 posts)Bradical79
(4,490 posts)$10,000,000,000 is practically nothing compared to the scale of the problem caused by him and people like him. It's better than zero, but it's less than his net worth increased in a quarter, and is like trying to put out the San Francisco fire with a squirt gun.
MyNameGoesHere
(7,638 posts)So I have no idea how bad it would be.
Laura PourMeADrink
(42,770 posts)Come up with $10 billion to battle climate change.
live love laugh
(13,114 posts)Yo_Mama_Been_Loggin
(108,010 posts)Trump plays one on TV
Laura PourMeADrink
(42,770 posts)Someone the devil around here. Bloomberg was a successful trader ($10m severance successful) and had the foresight to see a technology need. A huge one. I actually find that quite admirable.
Sogo
(4,986 posts)between what the US pledged and what we actually paid per our agreement in the Paris Climate Accord.
It was something like $4.5M.
Blue_true
(31,261 posts)And he gave $500 million to a organization that will try to reduce some emissions to net zero by around 2030.
Sogo
(4,986 posts)Blue_Tires
(55,445 posts)Now if he would just start paying taxes...
Beringia
(4,316 posts)We The People should be fighting climate change, via the president and congress
https://www.stitcher.com/podcast/michael-moore-4/rumble-with-michael-moore/e/66238503
Anand Giridharadas is an American writer. He is a former columnist for The New York Times. He is the author of three books, India Calling: An Intimate Portrait of a Nation's Remaking, The True American: Murder and Mercy in Texas, and Winners Take All: The Elite Charade of Changing the World.
While the majority of Americans live paycheck-to-paycheck and one emergency away from financial peril, a new study shows that the 500 richest people in the world gained a combined $1.2 trillion in wealth in 2019. In the U.S., the richest 0.1% now control a bigger share of the pie than at any time since the beginning of the Great Depression.
But what happens when the very people hoarding this wealth at the expense of democracy, the environment and an equitable society, re-brand themselves as the people who will fix society's problems? What happens when the arsonists pose as the firefighters?
Anand Giridharadas has been studying these questions and he joins Michael Moore to name names and discuss what to do about it.
qwlauren35
(6,148 posts)I don't have 110 minutes to listen to Michael Moore. Could you summarize his key points, please?
lapfog_1
(29,205 posts)My conservative estimate on the cost of "fixing" climate change.
Program 1 - renewable energy for the industrialized world... not including the cost of electric vehicles... but we could spend 10 B a year for 10 years putting rooftop solar on every roof we can in the US, up to $30K per home. And that is just the revolving fund, people would still buy the electricity produced replenishing the fund for the future and the developing world.
Program 2 - in the entire world we hire millions of people to plant fast growing trees, then cut them down and either bury them (or anaerobically char them and bury the char) or use them for construction material, packaging material, etc Another $200B to start, more in 10 or 20 years. Some cost recovered from selling wood products or making fertilizer, etc.
Program 3 - Another $200B for a space umbrella... powered by the solar wind to maintain a position between us that the sun, it would attempt to reduce the radiation hitting the earth by as much as 5%... adjustable. This would attempt to cool the planet in the same way a large volcano eruption has in the past, without radically cooling the planet (see the year without summer after Krakatoa erupted) or putting so much particulate material into the atmosphere. This would take 20 years to design, launch, construct in earth orbit and then move to the correct position in orbit around the sun. It would have to use the solar wind to actually provide power to stay in the orbit we decide for it and should be adjustable.
Program 1 weens us off fossil fuels (for the most part... some transportation is likely to continue using fossil fuels). Program 2 start us reducing carbon in the atmosphere, reversing 100 years or more of deforestation. Program 3 provides with a controllable climate, not weather control, but reduces global heating... at least until we bring the carbon in the atmosphere back to pre-industrial levels.
Will it all work... I don't know. I just know we should be thinking like this. BIG... really BIG. And immediate.
Laura PourMeADrink
(42,770 posts)military budget by just 3%, we could end poverty.
Perhaps I have missed it but I have never heard anyone say..
Let's reengineer our military starting at ground zero and determine what a country of our size and responsibilities needs in this modern era. It's like the subject is sacrosanct. People only hear "cut" and it's the end of the world. Last I looked we had over a million soldiers! Why?
My point is.. how much do we really need to protect the country and our allies? And use surplus for more than worthwhile initiatives like you lay out?
Act_of_Reparation
(9,116 posts)I can appreciate the help, but people who come late to the party don't get kudos.