Bill Gates and Richard Branson agree this is one way billionaires can help counter climate change

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Bill Gates and Richard Branson agree that a “clean energy dividend” – an iteration of carbon taxes — is one way billionaires can help counter climate change. (via CNBCMakeIt)

Richard BransonThe BEC is a group of high net worth investors who have made commitments to funding $1 billion worth of "next-generation" energy technologies globally. The coalition, spearheaded by Gates, features high profile business figures including Jeff Bezos, Marc Benioff, Jack Ma, Mark Zuckerberg and Branson himself.

"As a partner in the project, I agree with Bill that it has never been more pressing to find clean energy innovations that can change the world," Branson wrote. The initiative is close to Branson's heart, not least because of the links climate change is said to have had to the 2017 hurricanes that wreaked havoc on the British Virgin Islands, including"It's so important that we keep working to find ways to innovate and scale up clean energy solutions," Branson's post read.

The airline owner has previously weighed in on the climate change debate, earlier this year touting his idea for a "clean energy dividend" – an iteration of carbon taxes — which would charge companies for the fossil fuels they use and carbon emissions they cause. "Unlike a carbon tax, that money wouldn't disappear into government coffers, but would be used specifically to be invested in generating clean energy through wind farms and solar panels, as well as the development of more low carbon fuels and other breakthrough technologies,"

 

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MakeIt So why not pay it willingly without being required by government?

MakeIt You mean they found a new way to profit from it

MakeIt NO NO NO

MakeIt Yay!

MakeIt Few billionaires or mega-millionaires are focused on rapidly accelerating climate change; devastating wars; mass poverty and homelessness. Wealth has become an accounting abstract at risk of being erased by the collapse of civilization. This isn't hyperbole; reflect on it a bit.

MakeIt branson can destroy his planes! but the hypocrites like him wont quit flying and burning carbon

MakeIt

MakeIt Pedophiles that flock together

MakeIt Of course Billionaires are the ones that insist people and companies should pay climate taxes. It's not like they're the worst polluters travelling with private jets and yachts. Speaking of ivory tower hipocrytes.

MakeIt BillGates richardbranson say they will keep tax dodging and buying politicians

MakeIt They can pay all they want, just leave the rest of us out of it. Oh, but they didn't get to be rich by writing a lot of checks... that's awkward.

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