Jules 🍺
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julesbl.mastodon.me.uk.ap.brid.gy
Jules 🍺
@julesbl.mastodon.me.uk.ap.brid.gy
Julian Blundell is a guy (he/him) who lives on the coast in Brighton, UK and enjoys walking, role-playing games, reading Scifi, watching films, eating good food […]

[bridged from https://mastodon.me.uk/@julesbl on the fediverse by https://fed.brid.gy/ ]
Reposted by Jules 🍺
To this, I would humbly add a bit more specificity: the benefit for the wealthy is not so much in "number goes up" or "number eat dirt" per se, it's in VOLATILITY. Buy in a crash, sell just before the next crash, rinse, repeat. This allows you to extract the value others have built using […]
Original post on mastodon.green
mastodon.green
February 10, 2026 at 8:56 AM
Reposted by Jules 🍺
February 10, 2026 at 9:59 AM
Reposted by Jules 🍺
I think Bezos thought buying the Washington Post would mean the same power he acquires in the climate space by dumping a huge amount of cash and then threatening to pull it. That obvs did not work....

www.washingtonpost.com/technology/2...
Amazon loses fight to exempt data center from energy regulation
Minnesota regulators denied Amazon’s request to exempt a data center’s 250 backup generators from a permitting process that includes reviewing pollution levels.
www.washingtonpost.com
February 9, 2026 at 10:30 AM
Reposted by Jules 🍺
Bezos' climate bank also strategically threatens to pull funding whenever recipients step out of line - the science based targets group didn't back down and it found out these threats aren't hollow.

www.theguardian.com/environment/...
Jeff Bezos fund ends support for climate group amid fears billionaires ‘bowing down’ to Trump
Concerns raised as $10bn Bezos Earth Fund halts funding for Science Based Targets initiative, which monitors companies’ decarbonisation
www.theguardian.com
February 9, 2026 at 10:29 AM
Reposted by Jules 🍺
The sheer volume of cash that gets spat out of the bezos philanthropic firehose is hard to comprehend, but importantly, that money is used to control the direction of climate action and research in a way that doesn't threaten Amazon's business model. Eg: boosting carbon offsets
Billionaires aren’t going to save the planet: The Bezos Earth Fund, AI, and carbon offsets
A recent report by Grain highlights the conflicts of interest and promotion of carbon offsets in the Bezos Earth Fund.
reddmonitor.substack.com
February 9, 2026 at 10:27 AM