Tuesday, January 15, 2008

The Gates Foundation and global "warming"

I just read the Fortune article "Melinda Gates Goes Public" here.

There's a lot of talk about solving real world problems, but I didn't see any mention whatsoever of carbon dioxide, global warming or climate change.

See the "Where the Gates Money Goes" graphic here. Again, "global warming" or "climate change" are nowhere to be seen.

Why is that?

With assets of about $37 billion, the Gates Foundation is the world's largest. Note also that Warren Buffett has pledged to contribute another 40-odd billion dollars to this foundation.

You hear a lot about people lobbying to spend Other People's Money on global warming "solutions", so why aren't the two richest people in America buying into this? It seems quite unlikely that they've been paid off by Exxon, or that their "awareness" hasn't been raised, or that they just don't care about world problems.

Here's what I think: Buffett and Gates are too smart to swallow the media's ridiculous global warming hype.

1 comment:

al fin said...

That is good news. In the main I consider the funding by the Gates foundation to be too politically correct to be helpful in the real world, but at least global warming is one drain they do not flush cash down.

I continue to criticize Gates and Buffett for not pushing "new space access" and human longevity research. At least Paul Allen, Elon Musk, Jeff Bezos, Peter Thiel, and other billionaires are getting with the program.