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.
Billionaires ‘bowing down’ to Trump? Like they are reluctant? Like they aren’t helping orchestrate this direction? Like they give a fuck about anything but their bottom line in the short term? Like this isn’t an administration designed in plain view for billionaire interests, more so than any previous administration?
The rich aren’t on our side…
But good luck prying neoliberals away from their teat
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.
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.
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.
What if instead of “bowing down”, ALL of their DEI/nature/climate/… shit was always performative and meant as cheap PR while they privately couldn’t give two flying fucks?
I expect that a lot of this isn’t “bowing down to Trump”, it’s just people going “oh good, I can stop wasting money on initiatives I didn’t really believe in without facing backlash over it.”
Not so much “bowing down;” more like “in cahoots with.”
