Catherine Clifford of CNBC reports on Bill Gates’ latest statements on solving climate change.
- With more and more activists adopting degrowth environmentalism, which halts economic prosperity to reduce emissions, Gates’ message is timely and needed.
- To address climate change we don’t need to shut down economies, but rather reduce the green premium of cleaner technologies.
- The best way to accomplish this is through private sector-led innovation and solutions that accelerate economic freedom.
“The solution, according to Gates, is creating better technological alternatives where it is the same price or cheaper to accomplish the same goal in a climate-conscious way. Gates has long talked about the space between the cost of how something is conventionally done and the way it should be do in a decarbonized way the ‘green premium.’ To make meaningful change on climate change, that green premium has to slowly reduced and then eliminated in all sectors of the economy, according to Gates.”
Read the full article here.
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