🔗 Share this article It Would Be Nice to Ignore Bill Gates on the Climate Crisis. But He's a Billionaire, So We Must Listen. Let's begin with the fundamental problem: Bill Gates is a politics denier. While he was slow to accept it, he now recognizes environmental science. But he exists in stark, awkward denial about how politics works. His new piece on climate, released recently, treats the issue as if it existed in a political vacuum. He writes as if there were no such thing as political power, and pretending massive fortunes aren't relevant. Central Claim His main contention is that financial resources are scarce, so the representatives at the environmental conference in Brazil should shift funding from "short-term pollution targets" towards environmental adjustment and investing in poverty reduction and healthcare. Yes, the funds available for any good cause are scarce, but it's not caused by inevitable rules, an unavoidable reality of communities. It's because oligarchic power has waged war on government social programs, resulting in the elimination of development assistance and drastic cuts to the aid budgets of other countries. Austerity is a political choice. The choice to implement it comes from governments bowing to the wishes of extremely wealthy individuals. Current Funds Massive amounts of wealth exist. Just after Gates published his new missive, data indicated that the combined assets of America's wealthiest ten individuals grew by $698bn in the past year. This amount by itself, the increment in the wealth of 10 people, is almost 10 times the money needed each year to stop deep deprivation worldwide. How have they managed to channel so much of economic resources into private hands? What prevents redistribution through effective taxation? The answer is their translation of wealth into policy-making authority. As their wealth increases, the stronger their capacity to shape political and economic frameworks to their desires, ensuring that they become richer still. But the billionaire mentions nothing in his essay about ways and locations for more resources for both climate action and poverty relief could be found. 'His writing appears primarily as reconciliation with Donald Trump.' Gates photographed with the former president for corporate executives in the capital. Wealth Inequality Relationship A clear connection exists between the poverty Gates claims to care so much about and the riches he overlooks. In the US, unhoused populations are reaching new highs, and so is the share of assets owned by the top 0.1%. Even if this doesn't characterize Gates' specific methods, by suppressing salaries, racking up rents, weakening labor organizations and securing tax reductions and budget decreases, extremely wealthy individuals benefit from others' economic struggles. Investigation Conclusions A remarkable study in political science publications, among limited studies accessing this exclusive domain, found that the ultra-rich have radically different political views from the great majority. The multimillionaires it interviewed, completely unlike ordinary citizens, considered fiscal shortfalls as critical of the issues it listed, and climate breakdown as the least. They were significantly more prone to argue that public retirement benefits and government medical care should be reduced, and far less likely to believe that the unemployed should have a "decent standard of living", or that there should be more regulation of oil companies, banks and health insurers. They were fiercely opposed to redistribution. Political Influence What opinions win out? The small elite or the vast population? Even though the investigation happened under Obama, it found that billionaires maintained closer relationships with government figures than regular individuals. What about currently? I scarcely think I need to spell it out. Omissions and Assumptions That's another telling absence in Bill Gates's essay: at no point in its 5,000 words does it mention Donald Trump. Should the billionaire address this, he'd have to acknowledge that the second of his major assumptions is shaky: reductions in the cost of new green technologies lead inexorably to environmental progress. Certainly, it's positive that clean technology prices are falling dramatically than traditional energy sources. But The former president and comparable figures are doing everything they can to impede the transition. In part due to these factors, fossil fuels remain highly lucrative. This might explain, notwithstanding Gates' assertion about eliminating petroleum company stocks in 2019, its fossil fuel stock and bond holdings have, actually grown. Mental Aspects For Gates, challenging billionaire influence might seem impossible. I don't mean only that it clashes with his worldview. I mean that, judging by his remarkable silences on the issue, he may actually be unable to conceptualize it. Perhaps this is a symptom of "billionaire brain": a deep inability to understand others' perspectives. Even though billionaires present research challenges, extrapolating from research into how gaining wealth and status affects cognition could suggest that acquiring huge amounts of money is like taking a blow to the head. Wealth seems to scramble certain cognitive functions, notably those concerning understanding and outlook. Tactical Elements But perhaps there's also calculation here: his article seems designed as appeasement toward Trump. Trump certainly took it that way: "We've defeated the climate change falsehood." Gates has confessed his total mistake. It took courage to do so, and for that we are all grateful. MAGA!!!" Previous Positions Gates has historically been mistaken on the issue, even if not for the explanations Trump provides. He has repeatedly been behind current understanding, reciting fossil fuel claims (clean technology could decrease pollution only through enormous spending) long after they've been discredited. He has disseminated uncertainty and false information, like the baseless statement in his latest article that the purpose of Sri Lanka's disastrous ban on artificial fertilizers aimed at pollution decrease. More Challenging Facts The billionaire titles his piece Three Difficult Climate Realities. So here's another tough truth he studiously ignores. Should, as appears probable, vital planetary systems reach critical thresholds and quickly deteriorate, the impact on humanity, let alone the survival of other life forms (a topic he fails, as usual, to mention), would ruin the consistent development he anticipates. Since ecological transformation probably won't occur slowly and predictably, but through sudden changes of state, the potential effects on human welfare are very difficult to forecast. His position that all resources should follow existing data-driven assessments of human betterment, although it may appear reasonable, introduces in the face of systemic change a profound irrationality, {prompting us to ignore the greatest