Concerns raised as $10bn Bezos Earth Fund halts funding for Science Based Targets initiative, which monitors companies’ decarbonisation

Summary

Jeff Bezos’s Earth Fund has ended its funding for the Science Based Targets initiative (SBTi), a major climate certification group, raising concerns that billionaires are shifting away from climate action under Trump.

While Earth Fund claims the $18M grant expired as planned, critics argue political pressure influenced the decision.

Trump’s administration has cut climate mentions from federal sites and slashed green funding, prompting corporations to retreat from climate commitments.

Experts fear this signals a broader decline in green investment as Trump aggressively rolls back environmental initiatives.

    • pelespirit@sh.itjust.works
      11·
      7 hours ago

      Neoliberalism has become an increasingly prevalent term in recent decades. It has been a significant factor in the proliferation of conservative and right-libertarian organizations, political parties, and think tanks, and predominantly advocated by them. Neoliberalism is often associated with a set of economic liberalization policies, including privatization, deregulation, depoliticisation, consumer choice, globalization, free trade, monetarism, austerity, and reductions in government spending. These policies are designed to increase the role of the private sector in the economy and society. Additionally, the neoliberal project is oriented towards the establishment of institutions and is inherently political in nature, extending beyond mere economic considerations.

      https://en.wikipedia.org/wiki/Neoliberalism

      I wasn’t sure of what it really was. Basically, tech bros.

      • givesomefucks@lemmy.worldEnglish
        61·
        7 hours ago

        They change their label a lot, and I always get down voted for mentioning it.

        But trump never would have been a candidate if it wasn’t for Clinton de-regulating everything in the 90s in exchange for donations from literally trump and people just like him.

        But yeah, they took credit for the dotcom boom and started the trend of billion dollar companies paying zero in tax, because it would “trickle down” by employees taxed on salary…

        So yeah, they’re the OG techbros basically.

        They also took credit for crime reduction, saying it was due to their incredibly harsh sentencing guidlines, when it was the same reduction every other country got from banning leaded gas.

        Neoliberal policy never worked, it just popped up when things were organically getting better. But the people from Bill and Hillary in the 90s are literally Biden/Kamala’s people. Hell, Biden literally was one of them himself, he took credit for the crime bill even. They’ve had a death grip on the party for decades, and almost nothing they’re doing actually helps people.

        I’m hopeful Ken Martin breaks and takes the DNC back in a pro worker direction, but we’ll have to see.

        If Kamala had won tho, the neoliberals would still be running the party, because she would have gotten to name the chair.

        • fakir@lemm.ee
          3·
          6 hours ago

          We let this beast called greed grow unchecked for so long in the shadows and now it has come out in the open, stepping on the throat of democracy, equality, & freedom.

        • pelespirit@sh.itjust.works
          2·
          7 hours ago

          I think the reason you’re downvoted isn’t because you’re necessarily wrong about Biden, Harris, etc., it’s just that you’re focusing on some weird rando stuff. Trump’s right hand man is doing a Nazi salute and they’re sending immigrants to Guantanamo Bay. Even though clinton may have started it (don’t know enough to dispute), republicans could have shut that shit down for decades now. I don’t really understand why you need to mention that old shit. Do you think the left thinks everyone on the left is perfect and out for the common people’s good? I can say that most would say no.

          • givesomefucks@lemmy.worldEnglish
            32·
            6 hours ago

            republicans could have shut that shit down for decades now.

            When Clinton deregulated news media and campaign finance, it didn’t just let the rich influence the Dems, it handed the Republican party lock and key to them.

            Like, everyone is bitching about Trump’s cuts to federal workers right now, completely ignorant that it took 30 years to recover from Clinton’s 90s cuts…

            trump is doing the neoliberal playbook, he’s just too dumb to make people think it’s a solid plan.

            Do you think the left thinks everyone on the left is perfect and out for the common people’s good?

            Have you not seen the posts from neoliberals taunting progressives over how many Palestinians are being killed?

            Have you not seen what happens when people talked about Biden’s flaws?

            Now, I wouldn’t expect anyone to watch mainstream cable news, but if you did you’d see it’s filled with people saying it 24/7.

            It’s all over the place.

            And that’s just politically active people…

            Most voters just flat out don’t know what happened 30 years ago, it’s worth people knowing why we’re here so we can leave and never come back.

            • pelespirit@sh.itjust.works
              21·
              6 hours ago

              I see I’m talking to a well versed person who thinks a Neoliberal is the same is a liberal and happens to avoid the Nazi salute and Guantanamo Bay part. Interesting. I wish the laptop version could tag people.

          • grue@lemmy.worldEnglish
            11·
            5 hours ago

            @givesomefucks is focusing on root causes, which only seems like weird rando stuff to those with a surface-level understanding of the problem.