HomeNewsWorldTech billionaires stay silent as Trump rolls back climate policies

Tech billionaires stay silent as Trump rolls back climate policies

Tech billionaires who once championed climate action are now staying silent as Trump rolls back environmental protections and promotes fossil fuels, reported The New York Times.

February 12, 2025 / 12:06 IST
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US President Donald Trump
US President Donald Trump

For years, some of America’s wealthiest tech leaders positioned themselves as global climate champions, pledging billions to fight climate change and promote clean energy. But as President Donald Trump aggressively dismantles environmental protections in his second term, many of those same figures are now staying silent, reported The New York Times.

A decade of climate commitments
Over the past decade, tech billionaires have poured money into climate solutions. Jeff Bezos pledged $10 billion to create the Bezos Earth Fund in 2020, while Michael Bloomberg has invested over $1 billion into efforts to close coal plants and block petrochemical projects. Bill Gates has used his wealth to fund Breakthrough Energy, an organization aiming to accelerate clean technology. Laurene Powell Jobs committed $3.5 billion to climate solutions, and Marc Benioff launched an initiative to plant a trillion trees. Major tech firms like Google, Meta, and Amazon also made bold commitments to reduce emissions and transition to clean energy.

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Trump’s climate rollbacks and the silence from tech leaders
On his first day back in office, Trump withdrew the US from the Paris climate accord, halted federal approvals for wind farms, and paused subsidies for electric vehicles. His administration has since moved to expand fossil fuel production, open Alaskan wilderness to drilling, and dismantle Biden-era clean energy incentives.

Despite these dramatic reversals, many of the same tech executives who once publicly condemned Trump’s climate policies have remained silent this time around. The New York Times reports that, aside from Michael Bloomberg, influential figures like Bezos, Gates, Powell Jobs, and Benioff have not spoken out against the administration’s environmental rollbacks.