Bill Gates: How to fund the green revolution
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- Опубліковано 18 тра 2024
- Bill Gates outlines his vision for a global green revolution. He tells Zanny Minton Beddoes, our editor-in-chief, how renewable energy is merely the first step in combatting climate change.
00:00 - How to fund a green economy
00:38 - Lessons from the pandemic
01:52 - Behaviour change v innovation in technology
03:36 - Most promising renewable technologies
04:31 - Private sector investment in green technology
06:30 - How essential are carbon prices?
07:50 - Net-zero emissions targets for businesses
09:39 - America's role in climate-change action
12:40 - What are the odds for success of green innovation?
Sign up to The Economist’s fortnightly climate-change newsletter: econ.st/3midEwG
Find our most recent climate-change coverage: econ.st/37epi7u
The World In 2021: the world could turn a corner on climate change: econ.st/37hdgKp
Paris-anniversary climate pledges bring progress but fall short: econ.st/3gIQeiT
Read our special report about business and climate change: econ.st/3mio9A6
How much can financiers do about climate change? econ.st/2WdXCte
Why companies are tying their loans to measures of do-goodery: econ.st/3gROh3B
Why innovation is an essential part of dealing with climate change: econ.st/3mj720Q
Climate-adaptation policies are needed more than ever: econ.st/3mhGv4a
Countries should seize the moment to flatten the climate curve: econ.st/3mpQFjr
Why it’s time to make coal history: econ.st/3mgJhXr
“Earth provides enough to satisfy every man's needs, but not every man's greed.”
― Mahatma Gandhi
Consider the following: (Whether human, AI, or other species):
We appear to be individuals in a larger society of individuals. Whether it is an individual human in a larger society of humans, or an individual AI in a larger society of AI's, or an individual in a larger society of all species in existence throughout all of existence.
What is 'best' for an individual, may or may not be what is 'best' for the larger society of individuals. And conversely, what is 'best' for the larger society of individuals, may or may not be what is 'best' for the individual.
But, if a decision had to be made concerning a certain topic, of who's 'best' should take precedent over the other's 'best', who's 'best' should take precedent? If for an individual, which individual? All individuals? If for a larger society of individuals, which larger society of individuals? A certain group? A certain nation? A certain species? All species in existence throughout all of existence?
And who decides? And by what authority do they and they alone get to decide? Should I decide how you should exist? Should you decide in how I should exist? Should others decide how we both should exist? Should we decide how others should exist? And who even decides in how to decide? And by what authority do they and they alone get to decide?
This whole natural tension between the individual and the larger society of individuals, who decides, and by what authority they and they alone get to decide, is the cause of much strife, suffering and death in this world.
But still, while we consciously exist, how should we, individually and as a larger society of individuals, exist while we do exist? And who decides? And by what authority do they and they alone get to decide?
It's all basically about who is in control, so as to make the decisions, for who's benefit. With all the consequences and ramifications, seen and unseen, of all of our collective choices.
@R R R Don't worry, the 6th mass extinction event has already started due to natural reasons: Earth's magnetic field weakening, Earth's magnetic poles moving (most probably going to flip again as has occurred numerous times in Earth's history), and all the related effects. It's not called a mass extinction event without reason.
@R R R You sounded worried with your previous post.
@R R R Copy and pastes from my files. Work smarter not harder with reusable code. Maybe if you didn't read UA-cam comments with a small cell phone screen, you might become smarter?
@R R R "Learn to be less lazy, less partisan and less preachy." And aren't you being 'preachy' to me? Learn to read more, you might learn something. I am an American in America with free speech, so FU. (Question Everything - Thought Provoking Ideas). Try it.
“Society grows great when old men plant trees whose shade they know they shall never sit in.”
― Anonymous Greek Proverb
wonderful truth, if only people took heed.
@Kevin Duggan lol ok, loser.
@Kevin Duggan poorly written and mostly incorrect. what a tool!
Boomer generation will never pave the way for the better of their future generation. If anything they are and were the problem. Not all, but generally that's that generation.
@Kevin Duggan you are a Trump fanboy, am I right?
Sweden is building full scale green steel now, research has been done and powered by hydro it will be in full swing in a few years. Sweden own the mining company, LKAB, and the steel company, SSAB, so it will make it easier for the government to follow the Paris agreement. Hopefully when production is up and running they will be able to take a higher price than carbon reduced steel.
It will also stop Sweden's import of Australian coal.
EDIT: Also the energy company Vattenfall is involved. Partly state owned. From the HYBRIT project: "The goal is to be the first in the world, already in 2026, with a fossil-free steel value chain."
Sweden is a socialist government and a small one. Having hydro power is that they were given to them by mother nature. Similar to Iceland geothermal energies. Unfortunately for the world's super powers they all powered with coal and oil. Sweden and Northern Europe is only representing a small percentage of global emissions.
why not let MITAL, the worldwide steel leader invest his ginormous profits into innovation -else use tax insentives to fund innovators
@@MrMannyhw Sweden's government isn't socialist and I fail to see what relevance it has either?
@@dickiesdocos Relevant because green projects are subsidized by government.
@@MrMannyhw Okay, therefore we all need socialist governments and policies to get the green capitalist revolution.
Wait.
Off topic but Bill’s camera setup always make his interviewer’s camera setups look amateur xD.
He has the cash for whatever he wants... He probably owns the reporters Camera toooo
Kuch aur nazar ni aya bro?
Had the same exact thought. He's got such crystal clear video
"When the wise man points to the Moon, the hape looks at the finger" - blue socks are terrific !
😉
maybe becos of the lighting ?
“Nearly all men can stand adversity, but if you want to test a man's character, give him power.”
- Abraham Lincoln
Wow thats so deep.
What does it have to do with climate change?
or give an idiot a $400M and watch him wollow in it
Integrity answers.
@@mugsi66 "Give a man.." Does he hire the right help?
@@phantom1076 I would suspect, they meant one of the two:
a) Gates is a very powerful man who started showing true character, when he decided to make the world a better place
Or:
b)Humanity (=men) has shown its true character by deciding to abuse it's power to destroy the planet and to finally self-desctruct
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@investor_Gloria
Do a segment on steel industry innovation. Sounds interesting
or even better yet, do a segment on the tyrannical technocracy and social enslavement of humanity being pioneered by Bill Gates and associated Psychopaths, that would be amazing.
And what is in the segment?
@@ritagoldman2905 random crackpot "theories" powered by disinformation bots out of the anti-democracies?
You forgot the reptilians
@@ritagoldman2905 the same man looking to vaccinate the planet is also the biggest advocate for depopulation. Connect the dots
I wish this topic was more closely tied to regenerative agriculture, which is a solution to where the largest emissions are.
Is it though? All of the charts I’ve seen say agriculture and ranching count for around 15-20%, while energy account for way more
@@agustinvacavalverde the issue with the 15-20% figure is that it only accounts for the actual emissions. It doesn’t account for how much forest and wilderness is destroyed for the sake of livestock farming. 90% of the forest chopped down in the Amazon is for the sake of farms that produce feed for livestock. So not only is agriculture putting out lots of emissions, it’s destroying the environment that would be able to synthesize and absorb all that added carbon.
I could not agree more. In the U.S. the government subsidizes the most harmful and destructive agricultural practices. Globally agriculture accounts for 70% of ice free land use, and of this about 80% is to feed non-human species such as cows. How is this not spoken about in tandem with energy?
Tell me your thoughts on Rick Allen Jones.
@@Munseman01 what are your thoughts on Rick Allen Jones
how about we have companies run by billionaires who main motive is morality rather than profit at any cost
Nice idea, never gonna happen
The irony behind the Great Reset.
Or we remove bosses entirely and have companies democratically ran by the workers.
@@Johncornwell103 ahuahuahuahuauhahuahuahuahuauhahuhuaahu they tried this already. guess what they got
@@yasminbaron6137
You mean Catalonia Spain in the 1930s that actually saw poverty end?
How can companies fund the green revolution?
Short Answer: No.
Long Answer: The shareholders will get angry
“Money well spent” is the key concept.
Investment should seek the development of new business in a first stage and make profit in a second stage, as all long term project usually do.
Hopefully the blind search for profit and speculation will not choke the green transition that the world needs.
Bill:Say people needs to change their life styles
Also bill:release thousands of emmision with 4 of his private jet and humongous house that isn't even environmentally friendly
How you know??? You live with him???
@@aqasyahnizam28 it is public knowledge, you don't have to live with him to know !
Congress should pass laws to make green weapons and fight green wars.
Rare a open comment section on any video about him now
⁹
Give It a couple hours ir days
Why is that, why so much hate for the man. He is a great person
@@jegbryrmegikke1 Hahahahahahahhahahhaha
@@jegbryrmegikke1 Stop being sheep
I think that framing the climate crisis as one that can only be solved by behavioural change dooms us to immediate failure. The west will not give up its high quality of life. A few things can change, I don't see it unreasonable to convince people to reduce beef consumption and to fly as little as possible. But this can only go so far.
The only way forward, imo, is through innovation to support our current lifestyle sustainably.
Beware Klaus Schwab agenda
You don't find it unreasonable to convince people to reduce their air travel, whilst you are vacationing on your private jet? You deserve everything that's coming 🙂
FBC fund and their algorithm is the best, there is no point in arguing with this
He and Shwab already started it, just 99% of people asleep
I love it when software engineers have the answers for everything. Software engineers are the true heroes of this timeline.
Money talks
Me too... 🤦🏻♀️
@@religionofpeacemafia7578 WEF
@@VCDCN WEF
Molten Salt Reactors can be used for process heat (Steel, Concrete, Desalination) Carbon Free
All nuclear technologies can supply this. :)
Will Gates get rid of his fleet of cars, helicopters, and jets?
What's the need?
He's trying to pull out the CO2 they emit.
So I guess there's no need for him to get rid of them.
@@saiphaneeshk.h.5482 ahuauhauaahuahuuahhuahuahuahuaahuhuahuahuahua
When Bill Gates sums it up as "so far it looks more positive than negative", he is just kindly meaning to say that we aren't completely f* BUT yes f*.
Not sure why you would take his voice seriously. He’s literally one of the biggest offenders. Private jet, yachts, numerous cars, and a massive estate. That’s not what an environmentalist would have
@@broflo3875 It's not what you own its what you do. If you haven't realized that, it is quite late for you
@@Telencephelon What you said is vague. He also owns nuclear power patents, whose construction emits incredibly high amounts of carbon. He also owns patents on Solar Radiation Management tech (which is expelling sulfur dioxide into the stratosphere thereby blocking some of the suns radiation). He looks to make money. He could invest in solar farms that can completely power large parts of the US, like Germany, Denmark, and Scandanavian countries do currently.
To begin with why not tax plastic water bottles so that people use less of them and use that tax revenue to fund green initiatives. Isn't this pure common sense?
Why does Bill Gates never talk about Thorium as an energy source and alternative to regenerative power production?
Right now, the governments around the world twist their noses when Nuclear is brought to the energy debate. Is by far our best chance.
what is the name of the song in the background?
Also gotta figure out alternative to lithium batteries as lithium mining can lead to externalized environmental cost which is negating some of the benefit of driving electric cars.
fully agree. I think that problem can be expanded to 'extractivism' as a whole.
That's where more efficient capacitors take over batteries and mobile hydrogen electric takes over gas.
Lol I don't think mining can be done without environmental hazard. Iron, coal, aluminium etc have to be mined from earth/ground which is going to destroy the area no matter what u do
Bill Gates and the rest of the elite don't care about that. They will make money, no matter what.
electric car is a con
As an green architect working for a steel company in modular design, I wanted to share this low-carbon steel process called HYBRIT which uses an Electric Arc Furnace driven off renewables, it’s relatively new and needs further r&D. But once solved we can recycle 90% of new steel and further reduce waste and site energy with factory-built tall modular.
What’s up with recycling now? How much is getting recycled?
Thank you Economist.
Thanks!
Yes Yes! Read everything, and then say that you did not know FBC fund and their algorithm!
We live in a world where anyone who has enough money will automatically become an expert in every field: politics, economy, biology, medicine, climate, sociology... The only way for people with some brain left in their craneus to survivie these times is the total withdrawal from these very times and their brainless masses.
Read up on bill gates before you comment like that
@@erdelegy no, i dont think he did
Edit. I have read about the mark zuckerberg cas as well. But he was compensated, still very unfortunate it ended that way though. And I don’t think because mark did that, bill also did that way back
Except he does put his money where his mouth is not into politics.
He reads a lot
People seem to forget Bill Gates has a team of experts in those fields.
Gee, thanks Billy, that was fascinating :D
Who made this guy expert for ecology and microbiology?
Himself, he is an expert on basically any field you can think of. He reads a lot, read up on him :)
And he has skin in the game in a number of industries. It pays to be informed about what you are investing in.
vested interests pushes science and ethics aside, so much for transparency
Money
Plant trees the natural carbon filter
that does NOT allow to steal !!!
Forrests are being cleared to grow food for the meat industry so it will be difficult to get to a net positive effect. We need to stop eating animals to get access to large areas where we can bind CO2 by trees and plants.
You don’t even have to plant trees. As CO2 increases, plants grow quicker. There is an equilibrium between plants and animals.
As western nations spend the next few years investing in (long overdue) major infrastructure programs, it stands to reason, steel production will increase. Will be interesting to see whether governments mandate innovation in tender documents
Thank you so so much Sir .💙❤️🖤❤️💙🙏
Not sure what he said, but quite a few people think he said something.
We all need to consume less says the man who lives in a 66 000 square-foot mansion, how about you start by moving into a 2000 square-foot house to show us how the "consume less" is done!
Um the real question should be, what is that awesome track during the first 40 seconds?!
It seems there may be a big challenge finding greener ways to power all the heavy machinery used for large scale crop production.
Listening to these two is always sublime and insightful. 😁
They didn't take into account the emotional feelings of the electrons & molecules when putting this new green deal together. Electrons & molecules lives matter too..
And UNBORN black lives
Tanzania 🇹🇿
Nice video! What about FBC fund and their algorithm review?
9:10 😳
11:42
Is he the answer to everything. Only one. Wonder without he would’ve been born, what we have been done?!
Wonder what this comment would say if it was in proper English...
Chachiboyss when you’ll speak proper romanian, Ill speak proper english ;)
@@Chachiboyss gottem
Chachiboyss Wonder if you can Say “Hello” in german, romanian, italian or french, greek or Hungarian . Until then, i guess, i make myself understood, since you can read what I just Said
The best solution would be to continue using fossil fuel and gradually introduce new technology to replace carbon.
Alongside this ways of reducing the temperature of the climate in other ways.
There are many ways of achieving this such as making clouds more reflective and send more sun light in to space.
Painting all roofs white or a special reflective paint to reflect sun light back in to space which would reduce the temperature of the air.
Government should help develop new technology and tax the use of fossil fuels to increase costs and make carbon expensive.
The rich people destroyed the earth and thro it on the poor people
This is a really important take on decarbonising the economy. Most of policy proposals are lacking in this depth of pragmatism. Thank you Zanny and Bill.
Why does Bill Gates offer his advice for climate and virology? Isn’t he just a software geek? Some people might call me a conspiracy theorist for asking this question. People are so clueless.
@ウントウン・ニコラス what a coincidence...he’s using his money to steer society in a particular direction. Why would he care about sustainability? He doesn’t live a sustainable lifestyle.
Gates = pure evil scm
When you have enough wealth you can change the world. He probably has enough free time to be able to read up and be well versed in the subject, not expert level but still competent in the subject.
Are you only allowed to be knowledgeable in one field?
Sorry but that would exclude alot of people going into business or running companies if they haven't studied Management, business or administration. So much for the little people running SMEs
He lives in an underground ecological green home. He is not clueless. He may not be as expert an interviewee as you could hope for. I don’t know. Before accusing Bill Gates of being inexpert, learn more about him other than the “independent” highly bias sources say. It’s interesting. And word to the wise, it is not shallow information so this project for anyone taking up the challenge will take quite some time. Way more than anyone has time for to read up on perusing the anit-Bill envy squad blogosphere.
Steel industry in west is working very hard to lower Carbon emission
Have we begun 'rise of creatives?'
" BELIEVE ONLY HALF OF WHAT YOU SEE AND NOTHING YOU HEAR" proverbs of Alfred, circa 1300
Can't imagine seeing this video 30 years from now and saying "Bill anticipated this coming". Time to take this guy seriously and protect the future!
Yeah...amazing! This college dropout with NO SCIENCE education also "predicted" the arrival of the COVID-19 epidemic in 2017! (Heck... he should be the main man on the Psychic Hotline.) He is also now the world's foremost "expert" on epidemiology AND climate science!
WHAT"S WRONG WITH THIS PICTURE? Please wake up.
Very enlightening video thanks
you will join the vaccinocemetery
I'm surprised to hear Gates highlight steel over cement (30% of co2 emissions I understood). I'd be curious to hear why he thinks that, over generalities about innovation (quite a broad topic).
Green steel is close, Sweden is going full-scale now that research is complete. But it is funded by government-owned companies and I think Bill really wants to point out that it needs investment worldwide and somehow to make up for the green premium on the steel. Cement is reduced in concrete to try to lower the CO2 emissions but other than that, cement is way to cheap. EU has the right idea with emission licenses, 2019 was the first year cement companies in Sweden had negative annual accounts but other than that it is building without cement that is the future. Since Sweden is a forestry nation building with wood has increased. It also bindes coal which is nice.
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IMPORTANCE OF INVESTING AND HOW HE MADE
$460,000 IN 4 MONTHS FROM $160k, SOMEHOW
THIS VIDEO HAS HELPED SHED LIGHT ON SOME
THINGS, BUT I'M STILL CONFUSED, I'M A NEWBIE AND
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Billionaires, avoiding to pay an estimated 400+ billions $ in taxes each year: how do we fund the green revolution?
What about paying your fair share like us mortals?
What happened too clean cement? Ten years ago it was close.
It is still coming. Current experimental mixtures use less cement with organic materials. Some engineers have experimented with certain vegetable fibers. Concrete cancer prevention or mitigation can reduce its production as well.
Use green steel and cement for the infrastructure projects needed to fix the decrepit highways and bridges in the US??? 45 didn't fix infrastructure, maybe 46 will...Government participation in the green economy is where it has to start as well as funding the private sector to innovate more
7 months later and Biden is just Trump with a filter.
When u view climate from the lense of economics !
Is that even a problem tho? I mean when you want something to be viable and sustainable, then you should view that something from economic perspective too, you know?
@@arieflistyan8268 earth is thus economy is and not the opposite.we need broader approach.
@@Project808 yes, but don't you ever dare forget the economic approach if you want anything to be viable and sustainable.
Maybe true, but then doesn't that mean somebody's either gonna have to go, or do without. Who do you think that's gonna be? Just sayin , I mean I totes agree but I just don't want to be me, and sure the other 7 billion people on the planet feel the same way.
To solve climate change - insist that billionaires pay for it. After all they have more to lose than the rest of us.
We must replace books with e books in schools, colleges and offices to boost green revolution in India
Why? The printed word is indelible and as long ad it's archived its not subject to surreptitious editing
People need to focus less on consumerism
Why even have people?
Why can't ole Bill just go away. Have you noticed he was responsible for the rise of personal computers but never talks about that toxic waste.
How many times did Bill fly to the island
Probably alot less than trump
@@MrChampionchimp I’ll take that bet if based on the official black book logs
@6:50: "... a carbon tax, at quite a high level that ... has some resemblance to the green premium for these products ... like $100 to $200 per ton -- that sends out a clear market signal ... The chance that we'll get that sort of straightforward, clear policy, I don't think is very likely ..."
But it could be quite likely if we were to adopt one simple policy approach: Use carbon tax revenue to finance decarbonization in the taxed industry.
A carbon price in the form of a $100 to $200 per ton SUBSIDY for carbon REDUCTION would send the same "market signal" as a carbon-emission tax at the same price level. The subsidy could be financed with a relatively minuscule carbon tax, e.g. less than $10 per ton, because renewable technologies (e.g. for cement and steel manufacture) would initially be a very small portion of the total market. As they gain market share and economies of scale, renewable technology costs will likely come down the way they have for wind, solar PV, and EV's, to the point where they can be market-competitive without subsidies.
Considering the long-term profit potential of renewable technologies, the fees or taxes should be structured as mandated equity investments that might return future dividends to taxed industries. It stands to reason that if you're going to compel industry to support technologies that private equity won't fund, then the taxed industry should rightly have an equity share in those technologies.
Furthermore, consumers should be able to invest in decarbonization as a carbon offsetting mechanism. For example, airline passengers could pay the price premium on sustainable aviation fuel to offset their flight emissions, and could direct any future dividends from their equity investment to further emission reductions.
1) Create the market conditions to internalize costs and give incentives for innovation 2) Use revenue neutral taxing to reduce consumption of polluting and capital intensive industries 3) Reduce labor income taxes and finance the care economy : education, health and elder assitance 4) Redistribute extreme wealth to reduce the pressure for growth on the lowest income layers 5) invest in R&D to deploy hydrogen, carbon capture, and energy storage at scale
Inb4 all the conspiracy theorists flood the comments
He's an Expert on Vaccines and Climate because he's a billionaire ? Then call me a CT.
There was a time when calling another individual worked by ridicule and calling people conspiracy theorist but NOT any more love theories are prone to develop into facts and love denial is no longer a river in Egypt...look around you every country world wide are implementing the same agenda’s even sworn enemy states but the agenda is there fo yourself a FAVOR and STOP DENYING!
@@alaskangirl7475 what are u waffling about
@@maozeetung
He’s basically saying the same thing as renowned experts. Yes we should listen to him because he listens to the top scientists in their field. You can stick to your low tier pharmacist and electrical engineer conspiracy theorists
@@jonnycharlton3 what lies directly under your nose those who ask questions, look for facts that are not given and use intuition are labeled a conspiracy theorist however those who use their brains an see through the lies, half truths and propaganda in fact Bill Gates even offers books to read one of which is called How to Lie by Using Statistics....Chew in that love!
Happily many more people are awake and waking so the old adage of conspiracy theorist has developed rust and now a new adage has formed the 🐑 baaaa as they lockstep in formation ohhh wait did I just bring up a conspiracy theory? It has it now developed into a fact? U decide please best start pulling the wool out of your head.
I wish I could like and or believe anything Gates says.
Economist, please work on your audio issue, too much of sharpness of audio on the editor in chief side.
Whats wrong with the audio? Why is the always an audio snob
Yes
Don’t come to an Economist video to learn how to handle climate change from a multibillionaire. They don’t know nor do they care
Всем привет 🙋♂️
CONTAX T2
One of the problems is that governments are not regulating to mitigate the effects of corporate economic activity.
A deeper issue is that in capitalism the environment doesn't have value. It's just a means to an end, not an end in itself. Maybe we need to change this thinking so that people want to save the environment like they want to save money 🤷♀️
So now innovation is being called a green premium? Sounds like a bunch of confusion. Did I just come out of a basic economic class?
my, who is that gorgeous girl at the end of the video ?
You saw a gorgeous women?
@@BIGGIN88TWO @13:53. Do you mean she isn't gorgeous ? wow ... do you mean they are more gorgeous women that I have not seen before ? please share then LOL.
@@BIGGIN88TWO That means u didn't watch the watch the whole video.
@@alpacino4857 or I didn't find her gorgeous
@@BIGGIN88TWO well then the old saying : "beauty is in the eyes of the beholder" is right
Easy question: Convert coal plants to natural gas plants.
America is sitting on 300+ years of natural gas reserves.👍
What part do believe Eugenics will have a role?
Sounds like two birds squawking at each other.
Why do you ask Bill Gates about what needs to be done about climate change!? Why is Bill Gates vision about a green revolution important, even relevant at all? What is his expertise on the subject? Gates is a private software developer, what qualifies him to speak for us, what "we" need to do? He's always looking for investments, that's his prime interest, he should not have the platform you give him to speak! How about you ask a climate change expert to talk what is needed to bring about needed change?
Um, he runs a foundation that employs hundreds of climate experts. So he is quite well versed on climate science. That is his primary work now, not his investment.
Maybe read up some more about him before passing judgment.
By all means he can have a platform,and he probably has plenty to contribute to the debate. What you say smacks of the "no platforming" type of mindless censorship that the more blinkered among our University students attempt to foist on everyone these days. He has the right to be heard,we the people have the right to decide whether we agree with it.
I wouldn’t recommend removing the carbon from your steel. I don’t think that will go well
removing carbon in the production of the steel. watch the video
@@kevinagee5085 I did. You cannot do it and get the same properties. Look up any “green” steel company. None of there products are for structural use, meaning they are useless. The only thing that makes steel steel is carbon.
Listening to this video and thinking whether Green means static/ a static world versus the dynamic world evolution.
Bill Gates....makes a computer programme now he's the world's saviour
Well your politicians aren't so...
@@webiplus ....so what exactly? I'm assumign that there is a point here....
He donated billions and pledged to give away nearly his whole fortune. It makes him the leading philanthropist. He never second guesses scientists.
@@bluecheese20401 his contribution is more than most governments. He donates more to the WHO than the United States. He's trying to do well unlike most billionaires.
@@webiplus donating money gets u a voice i suppose.
Better Question is: How can we stop billionaire trying to be Social Engineer?
Smart thinking!!!
But if many steel using sector are in low demand to boost demand government is giving concession in tax so how they will charge carbon tax as it will hamper the end consumer
Save Our Planet
Smoke and dreams.
1) This man was born rich, his grandfather was a bank owner, and his mom was best friends with the IBM CEO.
2) It is questionable if he even really knows how to program, given that really the only program to be attribute to him, Altair Basic, could have been very well ripped off from Darthmouth BASIC, and most probably Paul Allen and another employee did the coding.
3) Microsoft built it's empire on QDOS(renamed MS DOS) which was a rip off Gary Kildall's CP/M Microsoft expanded it's empire using similar tactics, with other companies, and Bill himself called it "Embrace extend extinguish" on how the "stole" from and ruined other companies, …using tactics which seem simliar to a "Mafia".
4) He is a school drop out with no degree or higher education.
5) His company and it's Windows program, have single handily been the cause of more computer virus infecting software in human history.
6) His foundation runs suspiciously like a tax shelter, growing in money(not giving money away) despite the PR on being philanthropist.
….and now he somehow is an expert on vaccines and climate change(or is that global warming?) … whatever...
Well said!
Por favor con todo respeto en español
how do we charge billions of electric cars?????????????????????????????
we get brownouits in hot weather because of air con
*GREEN STEEL, HAHAHA*
Not one Anti Vaxxer comment. I guess conspiracy theorists don't read The Economist lol.
lol, my exact thoughts while looking for the Bill hate comments.
Because we know the economist is fully in on the New World Order, one world government. So yeah.. we tend not to believe its propaganda.
Hahahah. Sorry to crash the party, I just wanted to see what he's up to now that he's monopolized our minds.
@@AtoMicEyeScream HAHAH
@@pickles9440 You guys HAHA
Excellent video and viewpoints. I would add that we have run out of time to make this transition slowly. We should be carbon neutral right now. The production capacity of wind and solar is no where adequate to displace fossil fuels quickly enough. It takes time to build up production capacity, and time to produce. And it is not only energy production, it is also auto production, heat pump production, building improvements. Given this lack of time to replace the existing infrastructure, we need to seriously consider simply shutting down all non-essential activities that use fossil fuels. Then concentrate on replacing the essential infrastructure first. Only in that way can we make the fastest improvements, to minimize the ongoing and future cost of improving the future.
Yeah but Bill needs to keep his private yet, car fleet & multiple homes.👍
Great
TAX THE RICH
U want my fist?
It's time to begin the transition to the future. Keep being a leader, Bill
Strategic ideas. 👏
Bill Gates initially estimated that China needs at least 40 or 40 nuclear power plants. The United States also needs 40 nuclear power plants. India has 25 nuclear power plants. Do you know how much it costs? And it needs to be planned and constructed very quickly
London will be the centre for Green financing, that's what's happening right now, they're drawing up the plans to start from this April.😉
Really? Tell more.