Grant for have-nots? Gates says tax tobacco, jet fuel | Firstpost
Washington: A report by Microsoft founder Bill Gates to Group of 20 ministers on Friday proposes raising new funding for poorer countries by taxing financial transactions, tobacco, and shipping and aviation fuels, according to details of a G20 report obtained by Reuters.Flashback: Bill Gates "made a lot of jokes" about The Most Serious Issue of All Time; says it will likely never be a big focus for his foundation
The Gates Foundation was tasked by the current G20 chair, France, to look at how the governments of its member countries could raise new money for aid to developing nations, including plugging an estimated $80-100 billion funding gap to help the poor adapt to climate change.
Gates made a lot of jokes (and got laughs) when talking about the failure of governments and politicians to address climate changeFlashback: Bill Gates and Andy Revkin think you're stupid: They both imagine that you're ready to be lectured on energy efficiency by a guy who lives in a 66,000 square foot mansion
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