Did You Know? Charles Hoskinson Has a Private Jet Business and Has Serviced Metallica

In the midst of heat waves, multi-year droughts, and devastating floods, environmentalists have shifted their focus to celebrities with emissions-emitting private jets. The latest high-profile figure from the cryptocurrency industry to make the list is Cardano founder Charles Hoskinson.

The exec’s private jet is reportedly among the 15 largest sources of pollution in the United States, according to Climate Jets, a website that tracks estimated emissions from private jets owned by the super-rich. It claims that Hoskinson’s private jet emissions “exceed the entire carbon footprint of 186 average Americans.”

Hoskinson’s Comments on Private Jets

After withstanding intense public criticism of Hoskinson advertiser That the site “exaggerates” the use of its private jet. When he’s not using the plane for work, the CEO said, he employs a company that finds clients who use it regularly and has loaned some big names, including rock band Metallica and Hollywood heavyweight Dwayne “The Rock” Johnson.

“I have a very large group of clients that use it (the Jets) from Metallica to The Rock and others. It’s a great networking tool too because you can imagine those are the people you want to do business with.”

In 2022, the plane associated with the Cardano founder is claimed They completed 353 flights using 296,930 gallons (more than 1.12 thousand liters) of jet fuel and emitting 2,895.06 metric tons of carbon dioxide, surpassing the likes of Mark Zuckerberg, Mark Cuban, Jay-Z, Jeff Bezos, Elon Musk, Kim Kardashian and Steven Universe. Spielberg to name a few.

Notable frequent destinations for the plane are Denver, Los Angeles, and New York, along with international routes such as Canada, the United Arab Emirates, Poland, Israel, and South Korea, among others.

Bill Gates’ frequent use of private jets

Also fired is Microsoft co-founder Bill Gates, who is a vocal advocate for combating climate change and has founded a leading climate technology investment firm called Breakthrough Energy Ventures. The billionaire frequently uses private jets, which has raised questions about the credibility when it comes to his activism.

Interestingly, Gates Rank as the 13th largest polluter in the United States. His three private jets have logged more than 657 hours in the air, flown 528,787 km, and emitted 3,058.71 metric tons of carbon dioxide. Citing the stats, Hoskinson said,

“There is a big movement, the ESG movement, that is pushing to reduce carbon. The great irony is that when you look at the list that has been compiled, the vast majority of them are huge supporters of the ESG movement for example Bill Gates and others like him.”