For better or worse, billionaires now guide climate policy

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While they haven’t been elected to office, Bill Gates, Mike Bloomberg and other ultra-wealthy businessmen are using their fortunes to guide the transition to cleaner energy toward their favored technologies and market strategies.

for solving the climate crisis leans heavily on green hydrogen, a technology still being developed, for gutting emissions from big industrial operations that analysts had warned was too costly to be used widespread before the end of the decade.The Act changed that with subsidies for the technology so lucrative that Forrest, who placed big bets on it, is no longer an eccentric outlier in the quest to decarbonize heavy industry. The U.S.

Forrest, one of the richest men in Australia, will have stiff competition in the race to scale up green hydrogen from the richest man in India, billionaire Mukesh Ambani, who is leaning on Indian incentives to turn that country into a hub for the technology.But no billionaire is more influential in charting the technological course of the transition than Gates, whoseorganization is investing billions of dollars in dozens of next-generation clean-tech companies.

The companies Breakthrough invests in are particularly well suited to claim lucrative subsidies in the act, which Gates aggressivelyto pass. The billionaire says he will plow his investment profits back into climate work. Yet not everyone is pleased to see government following the lead of Gates on some investments, such as technologies that aim to capture carbon dioxide emitted by factories, vehicles, and agriculture operations and bury it.

 

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How much did they pay you for this 'reporting'.

All from the comfort of their private jets

No, they're using their fortunes to depopulate the world. They are playing G-d.

And for that, they needed to guide journalism first. Thank you for the semi-puff piece.

LOL for better or worse 🤣 You do realize they are the ones being charged with crimes against humanity right?

Bill Gates is further saving the climate by adding to his private jet collection, one beautiful machine at a time. He wants to be an example to others and show that each individual should do their part to lower carbon emissions.

Mike Bloomberg is the 3-time mayor of NYC, no? 🤔

There is no 'Climate Crisis.' Globalists have 'invested' hundreds of billions convincing people that there is a crisis. But in 30 years have spent $0 on solutions. It is simply a way for the ultra-wealthy to enslave the population. This is known as a LONG CON. We Say, Hell NO!

Spoiled rich greedy trash.

Climate change is a liberal propaganda just as washington post.

Misguided “Clean energy” policy is destroying our country. We still need fossil fuels, despite Biden trying to eliminate them. Lithium batteries are an environmental disaster. What hypocrites!

Guiding this⬇️

More proof those “elected” to office mean nothing. They’re a bobber on a fishing line.

It’s for fucking worst. Jesus Christ. What are we doing?

Billionaires are now using climate change to consolidate their power and impose their vision on us after growing staggeringly more wealthy during the covid episode. It has nothing to do with their love for humanity its just the perfect 'crisis' to manipulate. 👍

Funny you don't mention Billionaire Chief Exec of WAPO.

🙄

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