I Wish We Could Ignore Bill Gates on the Climate Crisis. But He's a Billionaire, So We Can't.
Let's start with the core issue: Bill Gates ignores the role of politics. Though he came to it late, he now accepts the realities of climate science. But he operates in blatant, cringeworthy denial about the realities of power. 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 as if extreme wealth didn't exist.
Primary Argument
His primary argument suggests that funds are very limited, so the delegates at this month's climate summit in Brazil should redirect resources from "short-term pollution targets" towards environmental adjustment and investing in poverty reduction and healthcare.
Admittedly, resources for positive initiatives are insufficient, but this isn't due to universal principles, an unavoidable reality of communities. It's because oligarchic power has waged war on benign state spending, resulting in the elimination of development assistance and substantial decreases in support money of various states. Financial restraint stems from policy choices. The choice to implement it comes from leaders submitting to the preferences of extremely wealthy individuals.
Current Funds
Massive amounts of wealth exist. Just after Gates published his new missive, research showed that the total wealth of the top ten US fortune holders expanded by hundreds of billions during the previous twelve months. These funds independently, the growth in ten individuals' fortunes, is almost 10 times the yearly funding needed to eliminate severe poverty worldwide. What methods enabled such concentration of global wealth into personal accounts? Why can't society reclaim it through effective taxation? The solution lies in their conversion of financial influence into governmental control. With growing fortunes, the greater their ability to influence government and financial structures to their desires, guaranteeing continued wealth accumulation. But the billionaire mentions nothing in his essay about methods and sources for additional funds for both climate action and poverty relief could be identified.
'His essay reads like nothing so much as a peace offering to Donald Trump.' Gates photographed with the former president for industry figures in Washington.
Rich-Poor Dynamic
A clear connection exists between the deprivation Gates says concerns him 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%. While this might not be Gates's own business model, by keeping pay low, driving up rental prices, weakening labor organizations and winning tax and spending cuts, billionaires prosper while others experience hardship.
Study Results
A remarkable study in academic political journals, one of the rare examinations of this private sphere, found that the ultra-rich have radically different political views from most people. The multimillionaires it interviewed, completely unlike ordinary citizens, viewed government debt as paramount of the issues it listed, and ecological crisis as insignificant. 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 jobless individuals deserve adequate living conditions, or that there should be stricter rules for petroleum corporations, banking entities and medical coverage companies. They were strongly against wealth 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 billionaires maintained closer relationships with government figures than regular individuals. How about today? The situation hardly requires explanation.
Omissions and Assumptions
This represents another significant omission in Gates' writing: at no point in its 5,000 words does it mention Donald Trump. If Gates included this, he'd have to acknowledge that the second of his major assumptions is shaky: decreasing expenses for eco-friendly innovations automatically creates ecological advancement. Of course it helps that wind, solar and other green technologies are becoming radically cheaper than fossil fuels. But Trump and similar demagogues are taking all possible actions to block the shift.
Partly as a result, traditional energy sources stay very profitable. 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 oil and gas financial assets have, actually grown.
Cognitive Considerations
To Gates, overthrowing the power of the ultra-wealthy may be unthinkable. It's not merely incompatible with his outlook. Based on his notable omissions regarding this topic, he may actually be unable to conceptualize it. This might indicate "wealth-induced cognitive distortion": a profound incapacity to see the world from other people's point of view. While the ultra-rich are notoriously hard to study, inferring from investigations about money's effect on mental processes could suggest that gaining massive wealth resembles experiencing brain trauma. Wealth seems to scramble certain cognitive functions, especially those involving compassion and viewpoint.
Tactical Elements
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." Bill Gates has finally admitted that he was completely WRONG on the issue. It took courage to do so, and for that we are all grateful. MAGA!!!"
Background Information
Gates has always been completely WRONG on this topic, even if not for the explanations Trump provides. He has consistently lagged behind the curve, echoing petroleum industry talking points (clean technology could decrease pollution only through enormous spending) well after their refutation. He has propagated misunderstanding and inaccuracies, including the unsupported claim in his recent writing that the objective of Sri Lanka's catastrophic restriction on chemical fertilizers involved emission reduction.
Further Difficult Realities
The billionaire titles his piece Three Difficult Climate Realities. Therefore, here's another challenging fact he deliberately overlooks. If, as currently expected, essential environmental mechanisms pass turning points and quickly deteriorate, the effects on human life, let alone the survival of other life forms (a topic he fails, as usual, to mention), would destroy the smooth and steady progress he foresees. Given that climate alteration may not happen incrementally and steadily, but through rapid shifts, the conceivable consequences for people's quality of life are nearly impossible to anticipate. His argument that we should align all funding to current "data-based analysis" of improvements in human welfare, although it may appear reasonable, creates significant illogic when confronting systemic transformation, {prompting us to ignore the greatest