I Wish We Could Ignore Bill Gates on the Climate Crisis. But He's a Billionaire, So We Can't.
Let's begin with the fundamental problem: The Microsoft founder denies political realities. Though he came to it late, he now acknowledges climate change facts. But he exists in stark, awkward denial about how politics works. His latest essay on climate, shared days ago, approaches climate change without political context. He writes as if there were no such thing as political power, and as if extreme wealth didn't exist.
The Main Contention
His main contention is that funds are very limited, so the representatives at the environmental conference in Brazil should direct money away from "immediate carbon reduction objectives" towards environmental adjustment and spending on poverty and disease.
Yes, the funds available for any good cause are scarce, but that's not because of some natural law, an unchangeable fact of civilization. This results from wealthy interests attacking on public welfare investments, causing the dismantling of aid agencies and drastic cuts to the aid budgets of additional nations. Financial restraint stems from policy choices. The selection to enforce it originates with governments bowing to the wishes of billionaire class.
Existing Wealth
Massive amounts of wealth exist. Shortly following Gates' latest publication, Oxfam revealed that the net worth of the 10 richest US billionaires increased by nearly $700 billion over the last year. These funds independently, the growth in ten individuals' fortunes, is approximately ten times the annual amount required to end extreme poverty worldwide. What methods enabled such concentration of economic resources into private hands? What prevents redistribution through proper tax policies? The answer is their translation of wealth into policy-making authority. With growing fortunes, the stronger their capacity to shape political and economic frameworks to their preferences, ensuring that they become richer still. But the billionaire mentions nothing in his essay about how and where extra money for both environmental measures and economic assistance could be located.
'His writing appears primarily as reconciliation with Donald Trump.' Bill Gates, right, with the Trumps at a private dinner for corporate executives in the capital.
Rich-Poor Dynamic
There's a direct link between the economic hardship Gates professes to address and the wealth he fails to mention. In the US, housing insecurity is achieving unprecedented levels, and so is the percentage of resources held by the ultra-rich. Even if this doesn't characterize Gates' specific methods, by keeping pay low, racking up rents, undermining worker collectives and winning tax and spending cuts, extremely wealthy individuals benefit from others' economic struggles.
Investigation Conclusions
A notable research in academic political journals, one of the rare examinations of this private sphere, found that extremely wealthy individuals hold vastly distinct political perspectives from the great majority. The wealthy respondents in the study, completely unlike ordinary citizens, saw budget deficits as the most important of the issues it listed, and climate breakdown as the least. They were significantly more prone to argue that social security and federal healthcare should be cut, and far less likely to believe that jobless individuals deserve adequate living conditions, or that there should be more regulation of oil companies, banks and health insurers. They were vehemently anti-taxation and redistribution.
Policy Impact
Which perspectives dominate? The tiny minority or the great majority? Even though the investigation happened under Obama, it found that billionaires maintained closer relationships with government figures than ordinary people. How about today? The situation hardly requires explanation.
Missing Elements and Presumptions
This represents another significant omission in Gates' writing: at no point in its 5,000 words does it mention Donald Trump. Were Gates to do so, he'd have to acknowledge that the second of his major assumptions is shaky: lower prices for sustainable technology inevitably produces environmental improvement. Of course it helps that wind, solar and other green technologies are becoming radically cheaper than conventional power. But Trump and like-minded politicians are doing everything they can to impede the transition.
To some degree because of this, fossil fuels remain highly lucrative. This could be why, notwithstanding Gates' assertion about eliminating petroleum company stocks in 2019, its oil and gas financial assets have, truly expanded.
Mental Aspects
Regarding Gates, confronting extreme wealth power could appear inconceivable. This isn't just about conflicting with his perspective. Considering his significant avoidance of this subject, he could genuinely find it impossible to consider. Perhaps this is a symptom of "billionaire brain": 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 acquiring huge amounts of money is like taking a blow to the head. Riches appear to disrupt specific mental processes, notably those concerning understanding and outlook.
Political Calculations
But perhaps there's also calculation here: his writing appears primarily as reconciliation with the former president. Trump certainly took it that way: "We've defeated the climate change falsehood." The billionaire has acknowledged his complete error. It took courage to do so, and for that we are all grateful. MAGA!!!"
Background Information
Gates has historically been mistaken on this topic, although not for Trump's stated reasons. He has consistently lagged behind the curve, reciting fossil fuel claims (green technologies could reduce global CO2 emissions only at a "beyond astronomical" cost) well after their refutation. He has disseminated uncertainty and false information, including the unsupported claim in his recent writing that the objective of Sri Lanka's catastrophic restriction on chemical fertilizers involved emission reduction.
Further Difficult Realities
Gates names his article Three Challenging Environmental Facts. So here's another tough truth he studiously ignores. Should, as appears probable, vital planetary systems reach critical thresholds and quickly deteriorate, the consequences for people, not to mention the existence of other species (a subject he consistently omits), would eliminate the gradual advancement he predicts. Since ecological transformation probably won't occur slowly and predictably, but through sudden changes of state, the possible impacts on human wellbeing are extremely hard to predict. His claim that financial support should match current analytical approaches to quality of life, while it might sound rational, creates significant illogic when confronting systemic transformation, {prompting us to ignore the greatest