Let's start with the core issue: The Microsoft founder ignores the role of politics. Though he came to it late, he now accepts the realities of climate science. But he lives in flat, embarrassing denial about political realities. His latest essay on climate, shared days ago, approaches climate change without political context. He composes text ignoring political influence, and pretending massive fortunes aren't relevant.
His main contention is that money is insufficient, so the representatives at the environmental conference in Brazil should redirect resources from "immediate carbon reduction objectives" towards climate resilience and allocating funds for economic hardship and illness.
Admittedly, resources for positive initiatives are insufficient, but that's not because of some natural law, an unavoidable reality of communities. It's because oligarchic power has waged war on government social programs, leading to the destruction of USAID and severe reductions in assistance funding of additional nations. Austerity is a political choice. The decision to impose it is driven by governments bowing to the wishes of extremely wealthy individuals.
There are truckloads of money available. Shortly following Gates' latest publication, Oxfam revealed that the net worth of America's wealthiest ten individuals grew by $698bn in the past year. That money alone, the increase in a handful of billionaires' net worth, is approximately ten times the annual amount required to end extreme poverty worldwide. What methods enabled such concentration of global wealth into personal accounts? Why can't society reclaim it through effective taxation? The solution lies in their conversion of financial influence into governmental control. The richer they become, the more they can bend political and economic frameworks to their will, guaranteeing continued wealth accumulation. But Bill Gates says nothing in his essay about how and where extra money for both environmental measures and economic assistance could be located.
'The article seems designed as appeasement toward Donald Trump.' Bill Gates, right, with the Trumps at a private dinner for corporate executives in the capital.
An obvious relationship appears between the poverty Gates claims to care so much about and the fortunes he ignores. In the US, homelessness is breaking records, and so is the percentage of resources held by the ultra-rich. While this might not be Gates's own business model, by suppressing salaries, increasing housing costs, undermining worker collectives and achieving lower taxes and diminished public funding, billionaires prosper while others experience hardship.
A remarkable study in political science publications, among the very few to have penetrated this secretive world, found that the ultra-rich have radically different political views from the great majority. The rich participants surveyed, in stark contrast to mere earthlings, saw budget deficits as the most important of the issues it listed, and environmental collapse as unimportant. They were much more inclined to demand that social security and federal healthcare should be cut, and much less inclined to think that the unemployed should have a "decent standard of living", or that there should be increased oversight of energy firms, financial institutions and insurance providers. They were vehemently anti-taxation and redistribution.
So whose views prevail? The small elite or the vast population? Although the research occurred during the Obama administration, it found that extremely wealthy individuals enjoyed greater political access than ordinary people. And now? The situation hardly requires explanation.
This represents another significant omission in Gates' writing: across extensive text, the former president receives no reference. Should the billionaire address this, he'd have to recognize that an important foundation of his argument is unstable: decreasing expenses for eco-friendly innovations automatically creates ecological advancement. Certainly, it's positive that clean technology prices are falling dramatically than fossil fuels. But Trump and similar demagogues are employing every method to hinder the change.
In part due to these factors, oil and gas continue generating substantial profits. This might explain, even though Gates states his organization sold all direct fossil fuel investments in 2019, its oil and gas financial assets have, in fact, increased.
Regarding Gates, confronting extreme wealth power could appear inconceivable. It's not merely incompatible with his outlook. Based on his notable omissions regarding this topic, he could genuinely find it impossible to consider. This might indicate "wealth-induced cognitive distortion": a deep inability to understand others' perspectives. While the ultra-rich are notoriously hard to study, inferring from investigations about money's effect on mental processes could suggest that gaining massive wealth resembles experiencing brain trauma. Wealth seems to scramble certain cognitive functions, notably those concerning understanding and outlook.
However, strategic thinking might also be involved: his article seems designed as appeasement toward Trump. The former president clearly interpreted it this way: "I (WE!) just won the War on the Climate Change Hoax. The billionaire has acknowledged his complete error. It took courage to do so, and for that we are all grateful. MAGA!!!"
The billionaire has consistently been incorrect on this topic, although not for Trump's stated reasons. He has consistently lagged behind the curve, echoing petroleum industry talking points (renewable energy could lower carbon output only with massive expenses) significantly following their debunking. He has propagated misunderstanding and inaccuracies, like the baseless statement in his latest article that the objective of Sri Lanka's catastrophic restriction on chemical fertilizers involved emission reduction.
The billionaire titles his piece Three Difficult Climate Realities. So here's another tough truth he studiously ignores. If, as now seems likely, crucial Earth systems cross tipping points and quickly deteriorate, the effects on human life, let alone the survival of other life forms (an issue he regularly neglects), would ruin the consistent development he anticipates. Because environmental change is likely to proceed not in gradual and linear ways, but via abrupt transitions, the conceivable consequences for people's quality of life are nearly impossible to anticipate. His position that all resources should follow existing data-driven assessments of human betterment, although it may appear reasonable, generates substantial unreasonableness when addressing fundamental change, {prompting us to ignore the greatest