It Would Be Nice to Ignore the Tech Mogul on the Climate Crisis. But His Wealth Matters, So We Must Listen.
Let's start with the core issue: Bill Gates is a politics denier. While he was slow to accept it, he now recognizes environmental science. But he lives in flat, embarrassing denial about how politics works. His latest essay on climate, released recently, discusses the topic as though politics didn't matter. He pens words that disregard governmental authority, and pretending massive fortunes aren't relevant.
Central Claim
His primary argument suggests that financial resources are scarce, so the participants in the upcoming climate meeting in Brazil should shift funding from "near-term emissions goals" towards environmental adjustment and investing in poverty reduction and healthcare.
Certainly, money for worthy projects is limited, but that's not because of some natural law, some implacable truth about human society. It's because oligarchic power has waged war on government social programs, causing the dismantling of aid agencies and substantial decreases in support money of various states. Financial restraint stems from policy choices. The selection to enforce it originates with governments bowing to the wishes of billionaire class.
Available Resources
Massive amounts of wealth exist. Soon after the billionaire released his essay, Oxfam revealed that the net worth of the top ten US fortune holders grew by $698bn over the last year. This amount by itself, the growth in ten individuals' fortunes, is approximately ten times the money needed each year to stop deep deprivation worldwide. What methods enabled such concentration of the world's money into their pockets? And why can't we get it back through appropriate revenue collection? The answer is their translation of wealth into policy-making authority. The richer they become, the greater their ability to influence the state and economic system to their will, securing ongoing financial growth. But Bill Gates says nothing in his essay about how and where extra money for both climate action and poverty relief could be identified.
'The article seems designed as appeasement toward Donald Trump.' Gates photographed with the former president for business leaders in Washington DC.
The Poverty-Wealth Connection
An obvious relationship appears between the poverty Gates claims to care so much about and the wealth he fails to mention. In the US, homelessness is breaking records, 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 achieving lower taxes and diminished public funding, extremely wealthy individuals benefit from others' economic struggles.
Study Results
A remarkable study in Perspectives on Politics, among the very few to have penetrated this secretive world, found that extremely wealthy individuals hold vastly distinct political perspectives from most people. The multimillionaires it interviewed, in stark contrast to mere earthlings, considered fiscal shortfalls as critical of the issues it listed, and environmental collapse as unimportant. They were significantly more prone to argue that social security and federal healthcare should be cut, and far less likely to believe that unemployed people merit reasonable生活质量, or that there should be increased oversight of energy firms, financial institutions and insurance providers. They were vehemently anti-taxation and redistribution.
Governmental Access
Which perspectives dominate? The few wealthy or the many citizens? Though the study was conducted in the Obama years, it found that extremely wealthy individuals enjoyed greater political access than average citizens. How about today? The situation hardly requires explanation.
Omissions and Assumptions
Here's another crucial exclusion from the billionaire's article: throughout thousands of words, Trump goes unmentioned. Were Gates to do so, he'd have to admit that another key premise is questionable: 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 conventional power. But Trump and like-minded politicians are doing everything they can to impede the transition.
Partly as a result, traditional energy sources stay very profitable. This might explain, despite Gates's claim that his foundation had divested all its "direct holdings in oil and gas companies" in 2019, its investments in traditional energy securities have, actually grown.
Psychological Factors
Regarding Gates, confronting extreme wealth power could appear inconceivable. This isn't just about conflicting with his perspective. Based on his notable omissions regarding this topic, he could genuinely find it impossible to consider. This might indicate "wealth-induced cognitive distortion": a fundamental failure to comprehend alternative viewpoints. Although extremely wealthy individuals are difficult to research, inferring from investigations about money's effect on mental processes could suggest that obtaining enormous fortunes compares to cognitive damage. Fortunes seem to disturb particular brain operations, especially those involving compassion and viewpoint.
Strategic Considerations
However, strategic thinking might also be involved: his article seems designed as appeasement toward Trump. Trump definitely understood it as such: "We've defeated the climate change falsehood." The billionaire has acknowledged his complete error. It took courage to do so, and for that we are all grateful. MAGA!!!"
Background Information
The billionaire has consistently been incorrect on this topic, though not for the reasons Trump imagines. He has continually trailed scientific consensus, echoing petroleum industry talking points (renewable energy could lower carbon output only with massive expenses) well after their refutation. He has propagated misunderstanding and inaccuracies, including the unsupported claim in his recent writing that the intention behind Sri Lanka's failed prohibition on synthetic fertilisers was "to cut emissions".
Further Difficult Realities
Gates names his article Three Challenging Environmental Facts. Thus, here's another difficult reality he carefully avoids. If, as now seems likely, crucial Earth systems cross tipping points and suddenly collapse, the impact on humanity, let alone the survival of other life forms (a subject he consistently omits), would ruin the consistent development he anticipates. Because environmental change is likely to proceed not in gradual and linear ways, but via abrupt transitions, the possible impacts on human wellbeing are extremely hard to predict. His argument that we should align all funding to current "data-based analysis" of improvements in human welfare, although it may appear reasonable, generates substantial unreasonableness when addressing fundamental change, {prompting us to ignore the greatest