CEOs Who Called for Climate Action Now Scrambling to Block Climate Action
Theyre all for saving the world, as long as they dont have to pay for it
In September 2020, a powerful tech executive named Pat Gelsinger says he was slapped in the face by reality.
Sheltering at home in California with his family, Gelsinger watched a nearby wildfire spew smoke and ash and turn the sky orange. Never before had society experienced crises at this scale, he realized, a global triple threat of climate chaos, racial inequality, and an out-of-control pandemic. Gelsinger, who is now CEO of Intel, felt a moral duty to get the climate emergency under control while bridging social divisions. For me, these are no longer just important issues to debate, he later explained. Its personal. Its urgent. And its the right thing to do.
The Biden administration is right now attempting to pass a $3.5 trillion spending package known as the Build Back Better Act that activists say could be a massive down payment on addressing climate change that also eases racial disparities by directing investments to disadvantaged communities.
But woke CEOs such as Gelsinger are part of lobbying efforts trying to torpedo it.
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https://www.rollingstone.com/politics/politics-news/build-back-better-reconciliation-bill-business-opposition-1229461/