Bill Gates promises to help the American government in the salvation of the planet and allocate $ 1.5 billion to combat climate change, but only if the US President Joe Biden signs the law on investment in infrastructure by 1.2 trillion dollars. It is reported by Forbes.
The State Initiative implies spending in the amount of 73 billion dollars to the “green” re-equipment of energy, another $ 21 billion should go to the help of companies in cleaning old industrial and energy facilities.
As part of the bill of investments in the infrastructure of 1.2 trillion dollars, Bill Gates promised to allocate $ 1.5 billion to help the state in combating climate change. However, large disputes developed around the legislative initiative, and Congress is not in a hurry to approve it. If the project does not accept, Gates said that it would be extremely disappointed and would send his funds to other countries.
He also warned that such projects are gaining momentum in Europe and Asia, which means that the United States may lose leadership in this direction. According to Gates, critical for all climate technologies is to reduce the costs of their use and at the same time widespread implementation. This cannot be achieved without the right government policy, which is just offered in the desired law.
Previously, Bill Gates caught that he did not get rid of all oil assets for the sake of salvation of the planet, as promised. 100 million dollars remained embedded in the shares of the largest oil and gas companies. At the same time, according to a billionaire, the problem of climate change is more serious than coronavirus pandemic.