I Wish We Could Ignore Bill Gates on the Climate Crisis. But He's a Billionaire, So We Must Listen.
Let's address the central dilemma: The Microsoft founder is a politics denier. While he was slow to accept it, he now accepts the realities of climate science. But he exists in stark, awkward denial about how politics works. His latest essay on climate, shared days ago, 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.
The Main Contention
His key position states 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 allocating funds for economic hardship and illness.
Admittedly, resources for positive initiatives are insufficient, but this isn't due to universal principles, an unchangeable fact of civilization. The reason is elite influence has declared war on benign state spending, resulting in the elimination of development assistance and drastic cuts to the aid budgets of additional nations. Financial restraint stems from policy choices. The selection to enforce it originates with authorities yielding to the demands of extremely wealthy individuals.
Available Resources
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. This amount by itself, the increase in a handful of billionaires' net worth, is approximately ten times the annual amount required to end extreme poverty worldwide. How have they managed to channel so much of economic resources into private hands? And why can't we get it back through proper tax policies? The explanation involves their transformation of financial influence into governmental control. With growing fortunes, the more they can bend the state and economic system to their preferences, guaranteeing continued wealth accumulation. But Bill Gates says nothing in his essay about methods and sources for additional funds for both environmental measures and economic assistance could be located.
'His essay reads like nothing so much as a peace offering to Donald Trump.' Bill Gates, right, with the Trumps at a private dinner for corporate executives in the capital.
The Poverty-Wealth Connection
There's a direct link between the economic hardship Gates professes to address and the fortunes he ignores. In the US, housing insecurity is achieving unprecedented levels, 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, busting trade unions and winning tax and spending cuts, the ultra-rich thrive on impoverishing other people.
Investigation Conclusions
A notable research in political science publications, among the very few to have penetrated this secretive world, found that the ultra-rich have radically different political views from the general population. The rich participants surveyed, in stark contrast to mere earthlings, viewed government debt as paramount of the issues it listed, and climate breakdown as the least. They were much more inclined to demand that social security and federal healthcare should be cut, and much less inclined to think 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 vehemently anti-taxation and redistribution.
Governmental Access
So whose views prevail? The few wealthy or the many citizens? Although the research occurred during the Obama administration, it found that extremely wealthy individuals enjoyed greater political access 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: throughout thousands of words, Trump goes unmentioned. Should the billionaire address this, he'd have to admit that another key premise is questionable: reductions in the cost of new green technologies lead inexorably to environmental progress. Of course it helps that wind, solar and other green technologies are becoming radically cheaper than fossil fuels. But Trump and like-minded politicians are employing every method to hinder the change.
In part due to these factors, oil and gas continue generating substantial profits. This potentially clarifies why, despite Gates's claim that his foundation had divested all its "direct holdings in oil and gas companies" in 2019, its fossil fuel stock and bond holdings have, actually grown.
Mental Aspects
For Gates, challenging billionaire influence might seem impossible. It's not merely incompatible with his outlook. Considering his significant avoidance of this subject, he may actually be unable to conceptualize it. Possibly this represents "extreme wealth mentality": a profound incapacity to see the world from other people's point of view. While the ultra-rich are notoriously hard to study, drawing conclusions from studies about wealth's impact on thinking could suggest that gaining massive wealth resembles experiencing brain trauma. Riches appear to disrupt specific mental processes, particularly those related to empathy and perspective.
Political Calculations
Yet, political maneuvering could be present: his article seems designed as appeasement toward Trump. Trump definitely understood it as such: "Our victory over climate misinformation is complete." Bill Gates has finally admitted that he was completely WRONG on the issue. This required bravery, and we appreciate it. MAGA!!!"
Previous Positions
The billionaire has consistently been incorrect on the issue, although not for Trump's stated reasons. He has consistently lagged behind the curve, repeating traditional energy arguments (green technologies could reduce global CO2 emissions only at a "beyond astronomical" cost) significantly following their debunking. He has propagated misunderstanding and inaccuracies, such as the groundless assertion in his new essay that the objective of Sri Lanka's catastrophic restriction on artificial fertilizers aimed at pollution decrease.
Additional Tough Truths
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 effects on human life, let alone the survival of other life forms (a subject he consistently omits), would ruin the consistent development he anticipates. Since ecological transformation probably won't occur slowly and predictably, but via abrupt transitions, the possible impacts on human wellbeing are extremely hard to predict. His position that all resources should follow existing data-driven assessments of human betterment, while it might sound rational, generates substantial unreasonableness when addressing fundamental change, {prompting us to ignore the greatest