McKnight to Join International Battle on Climate Change
The Minnesota foundation intends to contribute $100 million in the $1 billion war against global warming.
About $5 million a year is going to the Energy Foundation, a grant-maker that has received McKnight money to develop renewable and sustainable energy policies in the Midwest that do not rely on coal and other fossil fuels.
Much of the rest will go to the new ClimateWorks Foundation, which has coalitions in several countries with the highest greenhouse gas emissions. ClimateWorks is a network of international philanthropists, policy and clean technology experts. Their goals are to stop building new sources of carbon emissions, to promote a carbon cap and trade system to reduce carbon dioxide emissions in the U.S., and to help establish an international system to reduce global warming gases.
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