Düsseldorf Microsoft founder Bill Gates plans to invest two billion US dollars in start-ups and other projects against climate change over the next five years. It is important to prevent a “climate catastrophe” with innovations, Gates told the Handelsblatt and called for a five-fold increase in global government research investments within the current decade – that would be at least 110 billion dollars annually.
According to Gates, CO2 emissions must drop to zero by 2050 in order to avoid huge environmental and economic damage: “We must change the physical economy at a pace that has never been seen before.” CO2 taxes, certificate trading and alternative energies such as Solar and wind are essential for this. “Germany has done the world a big favor by subsidizing solar modules,” says the entrepreneur. However, solar and wind are far from sufficient for him due to their unreliable power generation.
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