After making billions in #TaxDeductible donations to his philanthropy, the owner of #Tesla & SpaceX gave away far less than required in some yrs— & what he did give often supported his #SelfInterests.
Before Mar 2021, #ElonMusk’s charitable foundation never announced any donations to CameronCounty, an impoverished region at the southern tip of TX that is home to his #SpaceX launch site & local ofcls who help regulate it.
At the same time, he runs a #charity w/billions of dollars, the kind of resources that could make a global #impact. But unlike #BillGates, who has deployed his fortune in an effort to improve #healthcare across Africa, or #Walmart’s Walton family, which has spurred change in the American #education system, #Musk’s philanthropy has been haphazard & largely #SelfServing — making him eligible for enormous #TaxBreaks & helping his businesses.
A paper in the journal Nature in 2021 ‘suggested’ that bottom trawling, a widespread fishing practice where heavy nets are dragged along the sea bed, releases a gigaton of CO2 annually – as much carbon dioxide as the entire aviation industry every year.
#Oil company #executives#celebrate after #Sunak announces a load of excuses as to why the UK can't go all-electric by 2030… all while they continue to benefit from massive #taxbreaks given them by the UK government at the expense of the country's citizens, who are paying increasinlyg high prices for fuel.
The same oil company executives who knew that climate change was taking place decades ago, buried the evidence, and have plowed trillions into propping up pro-pollution governments around the world.
The same oil company executives who argue that customers should have a choice while millions of people around the world suffer at the hand of #anthropogenic#climatechange.
Our entire team are furious. Help us get the word out and debunk this kind of nonsense while building a more equitable, sustainable future for EVERYONE.
"The billionaires who push Trump and his lies through their publications, think-tanks, and media outlets do so because they believe if he’s re-elected, they’ll get even more tax breaks and that Trump will continue his efforts to gut the IRS and EPA, which they hate.
"What’s the only thing better than having your own Gulfstream jet? Why, getting to claim millions in tax deductions for it. All you have to do is make a case you’re using it for business, which turns out to be surprisingly easy."