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Gates seeks to work with Bezos to combat climate change

(Bloomberg) – Bill Gates aims to work more closely with Amazon.com Inc. CEO Jeff Bezos to combat climate change which, according to the Microsoft Corp. co-founder, could cause deaths and global impact. of the current pandemic appear small compared to the damage caused by the climate crisis. “Deaths will just increase as there are more heat waves, wildfires and, most importantly, the ability to go outside and farm anywhere near the equator is lost,” Gates said in an interview with Emily Chang of Bloomberg Television. His book, “How to Avoid a Climate Disaster,” was released earlier this month. Unlike the pandemic, it is difficult to get people to focus on catastrophes, which could seem decades away, in time to avoid them. “It is a real test for humanity to invest in advance for the problems that come afterwards,” Gates said. That’s where working together with Bezos comes in – who has pledged a few million more dollars against climate change. that Gates himself — and Gates hopes they can collaborate to support costly green alternatives in the early stages of currently available technologies. In his book, Gates uses the concept of “Green Premium,” the price difference between a traditional carbon-emitting technology, such as a gasoline car, and its eco-friendly alternative, an electric car. When the price of those newer technologies is too high for mainstream consumers or governments, people like Gates and Bezos could use their capital to stimulate demand and lower prices to a level suitable for everyone else. “The idea of ​​how You create a demand side for these green products, even in the initial stage where their organic premium is very high, it’s something that I have come to realize is one of the missing pieces, ”Gates said. “We want businesses and governments to be involved in that, but having a solid foundation of philanthropic capital to start with would be great.” Gates said he is not a fan of bitcoin, whether for environmental reasons, it uses a lot of energy, or for individual investors. They’re not called Elon Musk. “Elon has tons of money and he’s very sophisticated, so I’m not worried about his bitcoin going up or down randomly,” he said. “I think people who don’t have that much money to spare get carried away by these fads, so I’m not a bitcoin fan, and my general thinking would be that if you have less money than Elon, you should probably be careful.” Gates, a hobbyist longtime fast food burgers, much of his early work at Microsoft was driven by the nearby Burgermaster and has sometimes been seen waiting in line at Dick’s Burgers in Seattle, he has changed half of his burger consumption for plant-based products like Impossible Burger and Beyond Meat. As they improve, he hopes to increase his intake, but he is not completely ruling out beef. “Some people are trying to change the cow’s diet or capture the methane they produce, so, you know, I’d rather not rule out the Beef, ”Gates said. Original Note: Gates Wants to Team Up More With Bezos to Combat Climate Crisis For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source. © 2021 Bloomberg LP

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