Stewart Resnick has made billions of dollars in the agriculture industry. Therefore, he is more aware than most about the severe impact that climate change is having on the entire world. It is because of this that he decided to donate $750 million to Caltech for the purpose of climate change research. Resnick has seen many of his crops in California suffer greatly because of the drought conditions. He feels that the long droughts that have been experienced by CA in recent years are the direct result of climate change. Therefore, he feels that this massive monetary gift will help researchers at Caltech get to the bottom of what is going on.
Resnick has been donating money for research into climate change for several years. However, the $750 million is the most he has ever given to a single research facility by far. He said that one of the reasons he is making this donation is because of his grandchildren. They wanted him to help out with climate change research. Stewart said that older people really don’t care about climate change. It is young people who have made climate change their number one issue. He feels it is easy to understand why they are so concerned about it.
This is one of the largest donations of any kind in the history of the world. Needless to say, people who want to save the environment are very happy about how much money has been donated. The amount of climate change research that can be done with $750 million is truly astonishing. Stewart said that he hopes that the money he donated will help to make this world a better place for people to live in. He has always loved to give money to people who are not as fortunate as he is. For example, he has paid for the college educations of millions of people over the past few decades.
Stewart believes that many of the problems that the world is facing today related to climate change could have been solved many years ago. However, politicians were not concerned enough about the environment. Now the world is faced with many different threats to the environment that need to be dealt with as soon as possible. Otherwise, he feels that future generations are going to be in very big trouble. He hopes that the size of his donation to Caltech will inspire other wealthy people to do the same.