The European energy crisis might be good, claims Bill Gates. According to the billionaire, countries would turn to renewable energy as a result of gas shortages and exorbitant prices.
According to Microsoft co-founder Bill Gates, Europe's gas supply and affordability crisis is really "good for the long run." He claimed that it would eventually push the continent to adopt renewable energy, reports the Daily Wire, adding that "people won’t want to be dependent on Russian natural gas."
Gates acknowledged that the public “did get a little optimistic about how quickly the transition [to renewables] could be done,” admitting the need to find “non-Russian hydrocarbon sources.”
On the same day, the founder of climate-focused venture capital fund Breakthrough Energy Ventures released an essay titled 'State of the Energy Transition' on his blog. In terms of global greenhouse gas emissions, Gates stated that the ultimate objective of going "from 51 billion tons a year to zero" shoul...