Bill Gates Explains Why Only Socialism Can Save the Climate

In a recent interview with The Atlantic, billionaire tech magnate Bill Gates announced his game plan to spend $2 billion of his own wealth on green energy investments, and called on his fellow private sector billionaires to help make the U.S. fossil-free by 2050. But in doing so, Gates admitted that the private sector is too selfish and inefficient to do the work on its own, and that mitigating climate change would be impossible without the help of government research and development.

“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,” Gates said. “Without a substantial carbon tax, there’s no incentive for innovators or plant buyers to switch.”

Gates even tacked to the left and uttered words that few other billionaire investors would dare to say: government R&D is far more effective and efficient than anything the private sector could do.

Continue reading at: http://usuncut.com/climate/bill-gates-only-socialism-can-save-us-from-climate-change/

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Danilo Amelotti

I am a former Italian SPECOPs; after 25 years of service I left the active duty and I am now private trainer and co-owner of Tactical News Magazine International. I will write about my past and present experiences, trainings and training methodology, and I will comment actual event (mainly related to my past activities). Finally you will also find reviews on equipment and weapons. Sono un Incursore in congedo; dopo 25 anni di servizio ho lasciato il servizio attivo e sono ora un istruttore privato e comproprietario di Tactical News Magazine International. Sul mio blog scriverò articoli riguardanti le mie esperienze passate e presenti, parlerò' di addestramenti vari e metodologie di insegnamento, ed ovviamente commenterò' fatti attuali (maggiormente correlati con la mia passata esperienza). In fine pubblicherò' anche test di equipaggiamenti vari.

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