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Amazon Announces $2B Fund to Invest in Climate Tech Companies

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Re: Amazon Announces $2B Fund to Invest in Climate Tech Companies

#2
This won't work. We need real regulation that penalizes polluters so much that it's no longer profitable to destroy the planet. We need social and cultural changes so that it's no longer hip and cool to fly around on jet planes and cars. This is mostly a political issue, not an issue of private industries in search of profits.

Re: Amazon Announces $2B Fund to Invest in Climate Tech Companies

#4
> Amazon announced it’s on a path to run on 100% renewable energy by 2025, five years ahead of schedule.

A possible silver lining of market domination is the ability to tackle issues like climate change without falling behind competitors who aren't making those harder choices. Unless this is all PR and Amazon is actively burning down their namesake or something?

Re: Amazon Announces $2B Fund to Invest in Climate Tech Companies

#5
post #4

> Amazon announced it’s on a path to run on 100% renewable energy by 2025, five years ahead of schedule. A possible silver lining of market domination is the ability to tackle issues like climate change without falling behind competitors who aren't making those harder choices. Unless this is all PR and Amazon is actively burning down their namesake or something?

As long as the market dominator decides that climate change is a problem it needs to solve

Re: Amazon Announces $2B Fund to Invest in Climate Tech Companies

#6
post #4

> Amazon announced it’s on a path to run on 100% renewable energy by 2025, five years ahead of schedule. A possible silver lining of market domination is the ability to tackle issues like climate change without falling behind competitors who aren't making those harder choices. Unless this is all PR and Amazon is actively burning down their namesake or something?

It could also be feel good PR to deflect attention on their supply chain: both the political and environmental concerns people might have it they looked too close.

Re: Amazon Announces $2B Fund to Invest in Climate Tech Companies

#7

This won't work. We need real regulation that penalizes polluters so much that it's no longer profitable to destroy the planet. We need social and cultural changes so that it's no longer hip and cool to fly around on jet planes and cars. This is mostly a political issue, not an issue of private industries in search of profits.

Okay so we pass regulations but we still need new technology to make manufacturing and so on cleaner.

Re: Amazon Announces $2B Fund to Invest in Climate Tech Companies

#8

This won't work. We need real regulation that penalizes polluters so much that it's no longer profitable to destroy the planet. We need social and cultural changes so that it's no longer hip and cool to fly around on jet planes and cars. This is mostly a political issue, not an issue of private industries in search of profits.

Good luck with that. I assume you live in a hut made from naturally fallen trees some where with no heating, air conditioning, running water, sewers, paved streets, computers, etc...

I'm kidding, of course you're not. You're standing on the shoulders of giants, but you think you're flying.

Re: Amazon Announces $2B Fund to Invest in Climate Tech Companies

#9

This won't work. We need real regulation that penalizes polluters so much that it's no longer profitable to destroy the planet. We need social and cultural changes so that it's no longer hip and cool to fly around on jet planes and cars. This is mostly a political issue, not an issue of private industries in search of profits.

I could not disagree more. The second that renewable energy is a more economic and reliable way to consume energy it will easily become the default because there will be no reason not to. Private companies that could develop/build/scale such technologies and deploy them who seek profit are a viable method because the profit motive can deploy capital to that effect.

Government research and regulations could help speed the development of these technologies and hasten their tipping point through adjusting the cost. This is certainly not just a political issue and culture most often follows the past of least resistance. Telling people to stop consuming energy is a more quixotic endeavor than developing more economic renewables

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