Bill Gates says that capitalism cannot save us from climate change

The world’s richest man, Bill Gates, has said that the private sector is too selfish and inefficient to produce effective energy alternatives to fossil fuels.

Bill, Bill, Bill. It’s too bad we can’t have a discussion where we have even a basic understanding of the terms. You claim that only socialism can save the planet, yet you give us concrete examples as to the opposite. Let’s start with yourself. Bill, you’re a philanthropist. You give your money away to the causes you support. That’s not socialism. Forced redistribution of wealth is what you’re calling for. That’s not socialism either but that’s a discussion for another day. You announce your plan to invest $2 billion of your own money into green energy and call on your billionaire brethren to do the same. Great stuff. Not socialism.

Without a substantial carbon tax, there’s no incentive for innovators or plant buyers to switch.

Hold on Bill. Substantial tax? Incentive for innovators? You claim that only government has the capacity to lead the way in R & D to solve big problems. Then why the plea to innovators? Innovators are private sector. Incentives aren’t socialism. Dis-incentivizing through a substantial tax is more like it if you support the heavy hand of government. But let’s get to the crux of the issue. If supporters of global warming such as yourself are truly, truly serious about ending man-made climate change, you don’t do it through market manipulation. You don’t do it by moving the goalposts to entice the private sector. You make it law. Period. Screw the carbon credits. If climate change is truly man-made than you need to stop it. Now. If a company or industry violates emissions levels then they should be shut down. Today.

But of course it isn’t really about a solution to a problem. The theory of man-made climate change is about profit for many and control for most. Sure we have some with integrity who truly believe they are trying to solve a real problem but they are the exception. The Al Gore’s of the world are only after the demon itself, the pride of capitalism, profit. The U.N.’s of the world see the opportunity for a massive expansion of control.

The climate problem has to be solved in the rich countries. China and the US and Europe have to solve CO2 emissions, and when they do, hopefully they’ll make it cheap enough for everyone else.

Hopefully? That’s certainly encouraging, isn’t it? Coming from the world’s richest man and one who has rode the coattails of capitalism to incredible wealth, I would expect a bit more. After all, if it’s saving the planet we’re talking about, haven’t we already seen enough of the whole hopey-changey thing?

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