Gates Gets It
Bill Gates spoke last week at the Energy Innovation Summit about the need for massive investment in energy infrastructure to cope with climate change and dependence on oil.
Cheaper energy with no new greenhouse gases would allow for improvements in other parts of these people’s lives, freeing up money for fertilizer, lighting, and other significant investments. “Without advances in energy,” Gates said, “they stay stuck where they are.”
But energy innovation is hard and requires more investment. Gates called energy research “greatly underfunded,” saying we should be spending twice as much. “It’s crazy how little we are funding this energy stuff,” he added.
I know Republicans like to accuse Democrats of class warfare against the rich (while simultaneously railing against Democratic “elites”) but I know I like Bill Gates and Warren Buffet just fine.