Bill Gates’s new view on climate change is irrational. Of course tackling poverty and global health problems is important, but this is not an either/or situation. His blog post comes across as an attempt to negotiate with Trump – bad idea.
by JKayBay
5 comments
No its not did you even read what he wrote?
Only fossil fuels can pull poor countries out of poverty.
Ya, he’s a billionaire, there is nothing he does which is rational. He shouldn’t be amplified every time he opens his delusional mouth.
Release the Epstein files!!
The linked article is a truly brilliant analysis of the Gates memo. I made some comments about that memo a day or two back. I find it ironic that Gates focused on the idea that free markets would **embrace** renewables as soon as their “green premium” is eliminated. By that he was referring to the government subsidies that help make solar/wind and their related battery backups competitive. The trouble is that Gates completely ignored the negative externality of co2/natural gas/(other GHGs). He made no mention of the subsidies/tax breaks that oil and gas companies get in the US. Climate change is already costing the US at least 300 billion/year in increased property/homeowners insurance rates. That is merely one example of a negative externality – meaning a cost we all bear – imposed on us by the oil/gas/coal industries (collectively Big Carbon).
Gates claimed that the best path forward is to focus on improving the quality of life for people in the Global South via health and agricultural initiatives. He chose not to acknowledge (or recognize) that many of the areas where his foundation is making quality of life improvements will be uninhabitable by mid-century. Which turns his current activities into a type of regional hospice.
The one thing – and it is a VERY good thing that Gates is investing in is Natrium. Hopefully the pilot plant will stay on schedule – and become the standard for new Nuclear plants. My biggest concern about that is not the technology which is quite promising, but rather the phobia so many US citizens have regarding nuclear power. A phobia amplified by Big Carbon’s disinformation campaigns.
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