Jeff Bezos will commit $10 billion as Amazon aim global net zero carbon by 2040

in 2022  we have witness rising global average temperature is associated with widespread changes in weather patterns. Scientific studies indicate that extreme weather events such as heat waves and large storms are likely to become more frequent or more intense with human-induced climate change

Jeff Bezos will commit $10 billion to fund scientists, activists, nonprofits and other groups fighting to protect the environment and counter the effects of climate change.

Mr. Bezos said “Climate change is the biggest threat to our planet,” he wrote. “I want to work alongside others both to amplify known ways and to explore new ways of fighting the devastating impact of climate change on this planet we all share.”

“Amazon is proud to be an early adopter of green hydrogen given its potential to decarbonise hard-to-abate sectors like long-haul trucking, steel manufacturing, aviation, and ocean shipping,” said Kara Hurst, vice president of Worldwide Sustainability at Amazon. “We are relentless in our pursuit to meet our Climate Pledge commitment to be net-zero carbon across our operations by 2040 and believe that scaling the supply and demand for green hydrogen, such as through this agreement with Plug Power, will play a key role in helping us achieve our goals.”

Amazon has invested in two companies developing electrolyzer technology to increase green hydrogen production.

Climate Pledge Fund, Amazon’s $2bn venture investment program that supports the development of sustainable technologies and services, and has currently been signed by over 320 organizations who have committed to achieving net-zero carbon by 2040.

Amazon VP Dean Fullerton said“We already have more than 70 fulfilment centres outfitted with hydrogen storage and dispensing systems, which will allow us to start using green hydrogen to replace fossil fuels. Today, we use that system to power over 15,000 fuel-cell propelled forklifts, with plans to grow that number to 20,000 across 100 fulfilment centres by 2025. That’s just the start. Across Amazon’s operations, we’re exploring and testing the use of other hydrogen applications, such as fuel-cell electric trucks and fuel-cell power generation stations providing electricity to Amazon buildings.”