In 2016 he also recruited Jeff Bezos, Mike Bloomberg and nearly two dozen other wealthy investors to back a billion-dollar fund called "breakthrough energy ventures," making long-term, often risky investments in promising technologies. Gates has already invested $2 billion of his own money on new green technologies, and plans to spend several billion more. So, it's not gonna be released into the atmosphere.
But they have a next generation that can get to 30%.Īnderson Cooper: The carbon has been just injected into this so it's captured it.
And so, you're able to actually get rid of some CO2 by sticking it in the cement. They inject captured carbon dioxide into concrete.īill Gates: What they do is they stick CO2 in here in the cement, and they mix them up. So one innovative company Gates has been pouring money into is CarbonCure. The world will add an estimated two and a half trillion square feet of buildings by 2060 - that's the equivalent of putting up another New York City every month for the next 40 years. No one thinks much about cement and steel, but making it accounts for 16% of all carbon dioxide emissions. Those pieces we've hardly started to work on. The things everybody knows about, that's getting almost all the money, not the hard parts, which is the industrial piece including the steel and cement. What- what's low-hanging fruit?īill Gates: Passenger cars, part of the electric generation with renewables. He supports President Biden's decision to rejoin the Paris Climate Agreement, but is asking the administration to massively increase the budget for climate and clean energy research to $35 billion a year.Īnderson Cooper: You've said that governments need to do the hard stuff, but not just go after the low-hanging fruit. has to lead the world getting to zero greenhouse gas emissions by 2050. In a new book "How to Avoid a Climate Disaster." Gates outlines all the solutions he believes we need. So, the deaths per year are way, ten times greater than- than what we've experienced in the pandemic.
The Syrian War was a 20th of what climate migration will look like.
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