The Washington PostThe Washington Post

For better or worse, billionaires now guide climate policy

By Evan Halper

12 Dec 2022 · 7 min read

Editor's Note

Wealthy investors and philanthropists are increasingly taking the initiative when it comes to climate change, The Washington Post reports. It may not be ideal but someone needed to step into the void.

They are not elected to any office. But in the fight against global warming, the world's billionaires have more influence than many heads of state.

As government struggles to move quickly to contain greenhouse gases, ultrawealthy investors and philanthropists are increasingly grabbing the reins, using their fortunes to guide the transition to cleaner energy toward their favored projects and market strategies.

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