I Wish We Could Dismiss the Tech Mogul on the Climate Crisis. But He's a Billionaire, So We Can't.
LWe must begin with the fundamental problem: The Microsoft founder ignores the role of politics. Though he came to it late, he now recognizes environmental science. But he operates in blatant, cringeworthy denial about how politics works. His latest essay on climate, published last week, discusses the topic as though politics didn't matter. He pens words that disregard governmental authority, and as if extreme wealth didn't exist.
Primary Argument
His key position states that funds are very limited, so the participants in the upcoming climate meeting in Brazil should shift funding from "immediate carbon reduction objectives" towards climate resilience and investing in poverty reduction and healthcare.
Yes, the funds available for any good cause are scarce, but that's not because of some natural law, an unchangeable fact of civilization. The reason is elite influence has declared war on government social programs, leading to the destruction of USAID and severe reductions in assistance funding of other countries. Financial restraint stems from policy choices. The decision to impose it is driven by leaders submitting to the preferences of the ultra-rich.
Existing Wealth
Massive amounts of wealth exist. Soon after the billionaire released his essay, research showed that the total wealth of the top ten US fortune holders grew by $698bn over the last year. These funds independently, the increment in the wealth of 10 people, is nearly tenfold the money needed each year to stop deep deprivation worldwide. Through what means did they accumulate of the world's money into their pockets? Why can't society reclaim it through proper tax policies? The solution lies in their conversion of economic power into political power. The richer they become, the more they can bend the state and economic system to their preferences, guaranteeing continued wealth accumulation. But the philanthropist discusses nothing in his essay about ways and locations for more resources for both environmental measures and economic assistance 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.
Wealth Inequality Relationship
An obvious relationship appears between the deprivation Gates says concerns him and the wealth he fails to mention. In the US, housing insecurity is achieving unprecedented levels, and so is the portion of wealth controlled by the wealthiest fraction. Even if this doesn't characterize Gates' specific methods, by keeping pay low, driving up rental prices, busting trade unions and winning tax and spending cuts, the ultra-rich thrive on impoverishing other people.
Study Results
A significant investigation in political science publications, one of the rare examinations of this private sphere, found that the ultra-rich have radically different political views from the general population. The multimillionaires it interviewed, sharply different from average people, considered fiscal shortfalls as critical of the issues it listed, and environmental collapse as unimportant. They were much more inclined to demand that public retirement benefits and government medical care should be reduced, and much less inclined to think that jobless individuals deserve adequate living conditions, or that there should be more regulation of oil companies, banks and health insurers. They were strongly against wealth redistribution.
Political Influence
So whose views prevail? The few wealthy or the many citizens? Even though the investigation happened under Obama, it found that the very rich had far more access to politicians and officials than average citizens. What about currently? The current reality seems obvious.
Omissions and Assumptions
Here's another crucial exclusion from the billionaire's article: across extensive text, the former president receives no reference. 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. Naturally, it's beneficial that renewable energy costs are dropping significantly than fossil fuels. But Trump and like-minded politicians are taking all possible actions to block the shift.
To some degree because of this, fossil fuels remain highly lucrative. This potentially clarifies why, notwithstanding Gates' assertion about eliminating petroleum company stocks in 2019, its oil and gas financial assets have, truly expanded.
Cognitive Considerations
For Gates, challenging billionaire influence might seem impossible. I don't mean only that it clashes with his worldview. Based on his notable omissions regarding this topic, he could genuinely find it impossible to consider. 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, extrapolating from research into how gaining wealth and status affects cognition could suggest that acquiring huge amounts of money is like taking a blow to the head. Riches appear to disrupt specific mental processes, particularly those related to empathy and perspective.
Political Calculations
Yet, political maneuvering could be present: his article seems designed as appeasement toward Trump. Trump certainly took it that way: "We've defeated the climate change falsehood." Gates has confessed his total mistake. This demonstrated nerve, and we're thankful. MAGA!!!"
Background Information
Gates has always been completely WRONG on the issue, although not for Trump's stated reasons. He has continually trailed scientific consensus, repeating traditional energy arguments (clean technology could decrease pollution only through enormous spending) significantly following their debunking. He has spread confusion and misinformation, including the unsupported claim in his recent writing that the purpose of Sri Lanka's disastrous ban on synthetic fertilisers was "to cut emissions".
Further Difficult Realities
Gates names his article Three Challenging Environmental Facts. Thus, here's another difficult reality he carefully avoids. Should, as appears probable, vital planetary systems reach critical thresholds and rapidly fail, the consequences for people, ignoring the persistence of additional organisms (a topic he fails, as usual, to mention), would ruin the consistent development he anticipates. Since ecological transformation probably won't occur slowly and predictably, but through sudden changes of state, the conceivable consequences for people's quality of life are nearly impossible to anticipate. His claim that financial support should match current analytical approaches to quality of life, while it might sound rational, generates substantial unreasonableness when addressing fundamental change, {prompting us to ignore the greatest