BILL GATES: Only Socialism Can Save Planet

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.

Image Permissions: “Bill Gates – World Economic Forum Annual Meeting Davos 2008 number3” by World Economic Forum – originally posted to Flickr. Licensed under CC BY-SA 2.0 via Commons.

As written by Louis Dore’ for i100Independent:

While announcing his plan to spend $2 billion of his own wealth on green energy during an interview with The Atlantic, the Microsoft founder called on fellow billionaires to help make the US fossil-free by 2050 with similar philanthropy.

He said:

There’s no fortune to be made. Even if you have a new energy source that costs the same as today’s and emits no CO2, it will be uncertain compared with what’s tried-and-true and already operating at unbelievable scale and has gotten through all the regulatory problems.


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