long-distance decarbonized power transmission (to supply solar energy from the U.S. Southwest to New England), safe nuclear reactors, zero-carbon cement and steel, and food waste tracking systems. Bringing these visions to fruition requires a lot of innovation and a strategy to fund breakthroughs, including promising pilots and moonshot ideas. This is where Gates comes in as an investor willing to take calculated risks to back transformative solutions. He shares his formula for investing: fund only those technologies that can take half a billion tons of GHG out of the Bulgaria Email List atmosphere every year. He also has a tool to help prioritize investments called green premiums, or the extra price one would have to pay today for zero-carbon alternatives.
The pandemic has accelerated digital access
For example, Gates calculates that the cost of capturing gulf email list
and storing carbon released during cement manufacturing would add 75 to 140 percent to the cost of cement. A combination of government policy (e.g., incentivizing or mandating clean products) and business action (e.g., investing in R&D to produce these clean products) can lower this premium. Throughout the book, Gates continually returns to the need to eliminate emissions, giving his readers a useful explainer on both the sources of carbon emissions and the potential solutions. Practically everything we do emits greenhouse gases, and Gates has calculated just how much. It turns out that making things with cement and steel accounts for a bigger share of emissions (31%) than electricity (27%) and transportation (16%). Refrigeration and air-conditioning make a smaller contribution to total emissions (7%) than our carbon-intensive farming practices (19%).
When schools around the world closed due to digital access
Unlike many of those who write about climate issues, Gates is not bothered by our consumption-fueled growth models. A self-confessed “rich guy with an opinion,” he pleads guilty to flying to climate conferences in his private plane (although last year, he started using sustainable jet fuel) and suggests that people be willing to try plant-based burgers. If anything, his work with the Bill and Melinda Gates Foundation in South Asia and Africa has convinced him that the world needs to produce more energy provided that energy is reliable and clean. “I didn’t think it was fair for anyone to tell Indians that their children couldn’t have lights to study by, or that thousands of Indians should die in heat waves because installing air conditioners is bad for the environment,” he writes.