On Monday, Amazon CEO and world’s richest human Jeff Bezos announced he was pledging nearly 8 percent of his net worth to fight climate change. This money, known as the Bezos Earth Fund, will be used to support “any effort that offers a real possibility to help preserve and protect the natural world,” Bezos wrote in an Instagram post. There are plenty of problems with a billionaire single-handedly dictating how the world community will fight climate change.

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