Using the mouthpiece of The New York Times, with some added pretextual videos inserted to make things just a wee-bit more interesting
co-founder Bill Gates sees it as the “most important” piece of climate legislation in American history.
Why The Bill Is Important: “It represents our best chance to build an energy future that is cleaner, cheaper, and more secure,” the billionaire wrote in an op-ed for the New York Times.
“We can’t afford to miss it.”
Guest Essay
Bill Gates: We’re on the Verge of a Remarkable Moment for Congress and the Country
Mr. Gates, a co-founder of Microsoft, is also the founder of Breakthrough Energy and the author of “How to Avoid a Climate Disaster.”
Turn on the evening news and it immediately becomes clear that Americans are experiencing the effects of climate change. Extreme heat and drought are affecting tens of millions of people, as floods and wildfires ravage communities from Appalachia to California. In the coming days, Congress has the opportunity to face down the climate crisis while strengthening our country’s energy security, creating opportunities for businesses and improving the lives of Americans. We can’t afford to miss it.
The Inflation Reduction Act of 2022 may be the single most important piece of climate legislation in American history. It represents our best chance to build an energy future that is cleaner, cheaper and more secure. Senators Chuck Schumer of New York and Joe Manchin of West Virginia deserve a lot of credit for reaching this agreement, as do countless others. Many business leaders and activists I’ve gotten to know through Breakthrough Energy, the climate organization I founded in 2015 to accelerate the clean energy transition, have worked relentlessly for decades for this moment. But although it appears the legislation will pass, success is not guaranteed, so it’s critical to keep pushing for it. Let me explain why.
Many of the technologies we’ll need to reach net-zero emissions don’t exist, are in early stages of development or are still too expensive to scale up. At the same time, more mature technologies like solar, wind and electric vehicles must be deployed more quickly in more places. Through new and expanded tax credits and a long-term approach, this bill would ensure that critical climate solutions have sustained support to develop into new industries.
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