Skip to comments.Eco-Extremist Bill Gates Gets $100M to Fight ‘Climate Crisis’ from Fossil Fuel Investment Giant BlackRock
Posted on 09/23/2021 8:07:55 AM PDT by JV3MRC
One of the world’s richest practitioners of eco-hypocrisy is getting tens of millions in funding from a fossil fuel investment giant for his climate change fight.
Liberal billionaire Bill Gates has reportedly secured over $1 billion in funding for his Breakthrough Energy Catalyst (BEC) project. The project is dedicated to accelerating “the commercial viability of four key solutions to the climate crisis: green hydrogen, sustainable aviation fuel, long-duration battery storage and carbon capture from the air,” according to Bloomberg News. One of the top financiers for the project is none other than investment giant BlackRock, “the world’s largest investor in fossil fuels,” as characterized by The Australian Financial Review. BlackRock is giving the Gates project $100 million from its charitable arm, according to Bloomberg News. But here’s the kicker: After the BEC supplies the cash needed to get its eco-projects off the ground, Bloomberg News said, “debt financing and government funds can be raised to cover the remaining 90% of the cost.” This means taxpayer dollars will inevitably be sucked in to pay for the green pipe dreams of Gates.
Bloomberg News reported that Gates estimated the cost for a global energy transition to net-zero emissions was an ungodly $50 trillion. But Gates even admitted in late 2019 that fossil fuel divestment has had “zero” impact on climate. Former Secretary of State John Kerry also acknowledged in 2015 that getting to net-zero emissions is meaningless. None of this has stopped Gates from hypocritically pushing unrealistic net-zero emissions standards on the world.
(Excerpt) Read more at newsbusters.org ...
These are the shitbirds that are paying well over cost for housing in the US, correct?
“Climate Change” What a crock!
Suppose it’s true and we will gain a degree or two. I doubt it, but for the sake of discussion, I’ll accept the premise
What the fock is wrong with that? We will have a longer growing season. So we can feed more of the earth’s hungry children.
We will need less energy to heat our homes.
And top it off, remember Carbon Dioxide is PLANT FOOD?
What is wrong with Republicans that they don’t emphasize the potential BENEFITS?
These people have a God complex.
More flights in the private jet?
FTA: green hydrogen, sustainable aviation fuel, long-duration battery storage and carbon capture from the air
1) Hydrogen is already natural and “green”
2) sustainable aviation fuel? You need carbon no matter what.
Just where would the fuel come from?
3) long-duration battery storage. That will never happen. You know batteries die when you need them most : )
4) carbon capture from the air
Why as the earth releases carbon every single day greater then any man uses which we are just recycling from the earth anyhow.
All about a big money scam and power grab.
Bill Gates knows this is all a fraud.
Agree 100%! We all should be glad we’re in the Current Warm Trend instead of the recent Little Ice Age.
Bill Gates is TRULY EVIL!! he wants MILLIONS AND MILLIONS of people DEAD....anyway he can do it! HE IS SATAN!
DEMOCRATS ARE LAWLESS BECAUSE REPUBLICANS ARE BALLLESS!
ESG = Energy Shortages Growing.
Hydrogen is more of an energy storage medium than an actual *source*.
There is pretty much no free hydrogen on the planet, as it immediately combines with other things (Oxygen, mostly). So any use of hydrogen as a fuel source is going to happen with hydrogen that is ‘manufactured’ by splitting it from water; this takes *WAY* more energy than most other forms of fuel.
It’s a potential storage medium, but more akin to a different form of ‘battery’ than actually generating new energy.
I wonder which of his giant mega mansions he will use to go over this information?
for his Breakthrough Energy Catalyst (BEC) project... green hydrogen, sustainable aviation fuel, long-duration battery storage and carbon capture from the air...
Dr. Zhivago was a poet. Princess Di’s calling was land mines. Gates? Something tells me he should of stuck with computers.
Agree. There is something really off & utterly creepy about him.
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