Gates on the need for carbon-neutral energy source
Gates on the need for carbon-neutral energy source
2:31

Gates on the need for carbon-neutral energy source

Tech Industry
[ Music ] ^M00:00:04 >> Energy is a topic you mentioned a couple times. It's something I know you're really passionate about. It's not something we've heard as much from you about, but you reference it at the end of your letter. What are some of the energy issues that you've been spending your time thinking about and what are some of the things that you're encouraging others to do? >> Well, there's one breakthrough that is called for, and that's the ability to generate electricity with lower cost than we get it today, but no CO2 emission. And there's many paths to get there, and none of them are easy paths. We need to back a lot of them. And so I spent time with a lot of scientists talking about these things. In fact, Nathan Mirvold's [phonetic] got a group together that have done some very interesting invention around these topics. We've actually spun out a new company, a nuclear energy company, which sounds a bit unusual, but it's got a breakthrough approach that avoids some of the top problems. And we need a lot of companies like that. I invested in the known Colsus [phonetic] fund, 'cause he is backing some great entrepreneurs. I get some exposure to them as part of that. You know, innovation is called for in a big way. For rich people, yes, we can use less energy, we can afford a higher price. For the poor, a higher price of energy would mean that their life would be much worse. They couldn't afford as much fertilizer, or they couldn't get to their job, they can't get clean water. So the progress of civilization has depended on, will depend on, energy being cheaper. But now we have this constraint of not just less CO2, but no CO2. And you know, conservation can give you reductions, but the number we have to have is zero. And so the -- what you have to invent is not just efficiency; it's a whole new way of creating electricity that can meet the overall demand. So a fascinating topic, fits that innovation framework, and yet there's a private market, so the companies doing this work are... private companies where the employees get some of that upside. And many of them will fail; in fact, the vast majority. But all we need is a few to succeed to... take on both helping the poor and getting the climate change problem under control. ^M00:02:29 [ Music ]

Up Next

What I Learned Using Apple's Journal App
231129-site-apples-latest-app-to-fix-you-v2

Up Next

What I Learned Using Apple's Journal App

Apple Products We're Expecting in 2024
231121-site-whats-coming-in-2024-apples-leftovers-v3

Apple Products We're Expecting in 2024

Exploring Spatial Video: What It's Like to View, Shoot 3D iPhone Videos
231116-site-what-to-know-about-spatial-video-v2

Exploring Spatial Video: What It's Like to View, Shoot 3D iPhone Videos

Apple Watch Double Tap Early Impressions
231109-site-double-tap-commentary

Apple Watch Double Tap Early Impressions

Apple's M3 Sparks a New Era of Mac vs. PC Battles
231102-site-the-return-of-mac-vs-pc

Apple's M3 Sparks a New Era of Mac vs. PC Battles

Apple Unveils 14-Inch, 16-Inch MacBook Pros With M3 Processors
pic

Apple Unveils 14-Inch, 16-Inch MacBook Pros With M3 Processors

Apple Debuts 24-Inch iMac With M3 Chips
apple-unveils-new-24-inch-imac-with-m3-processor-mp4-00-00-08-12-still001

Apple Debuts 24-Inch iMac With M3 Chips

Trick or Treat? Apple's 'Scary Fast' Mac Event Makes Us Jumpy
scary-fast-apple-event-clean

Trick or Treat? Apple's 'Scary Fast' Mac Event Makes Us Jumpy

I Upgraded to the iPhone 15 Pro Max: Was It Worth It?
thmbcnet

I Upgraded to the iPhone 15 Pro Max: Was It Worth It?

See Motorola's Bendable Wristwatch Phone Concept at Lenovo World
lenovo-image-cnet

See Motorola's Bendable Wristwatch Phone Concept at Lenovo World

Tech Shows

The Apple Core
apple-core-w

The Apple Core

Alphabet City
alphabet-city-w

Alphabet City

CNET Top 5
cnet-top-5-w

CNET Top 5

The Daily Charge
dc-site-1color-logo.png

The Daily Charge

What the Future
what-the-future-w

What the Future

Tech Today
tech-today-w

Tech Today

Latest News All latest news

Can the Samsung Gaming Hub Replace An Xbox?
p1005566

Can the Samsung Gaming Hub Replace An Xbox?

2023's Top Smartwatches and Wearables of the Year
231129-yt-best-wearable-v03

2023's Top Smartwatches and Wearables of the Year

Best Tech Gifts (All Under $50)
best-gifts-under-50-bucks-00-00-22-17-still001.png

Best Tech Gifts (All Under $50)

Sony Pulse Explore Earbuds: Setup and Hands-On
cnet

Sony Pulse Explore Earbuds: Setup and Hands-On

What I Learned Using Apple's Journal App
231129-site-apples-latest-app-to-fix-you-v2

What I Learned Using Apple's Journal App

Tesla's Cybertruck Delivery Event: Everything Revealed in 5 Minutes
cybertruck-clean

Tesla's Cybertruck Delivery Event: Everything Revealed in 5 Minutes

Most Popular All most popular

Microsoft's AI Ignite Event: Everything Revealed in 8 Minutes
231115-site-microsoft-ignite-keynote-supercut

Microsoft's AI Ignite Event: Everything Revealed in 8 Minutes

Bose QC Ultra vs. Sony WH-1000XM5: Kings of ANC
qc-ultra-vs-xm5-cnetthumb

Bose QC Ultra vs. Sony WH-1000XM5: Kings of ANC

Sony Pulse Explore Earbuds: Setup and Hands-On
cnet

Sony Pulse Explore Earbuds: Setup and Hands-On

CNET Editor Reacts to Vision Pro Spatial Video
04-viewing-spatial-videos-in-apple-vision-pro

CNET Editor Reacts to Vision Pro Spatial Video

Lomi Makes Composting Faster and Cleaner at Home
lomi-thumb-site

Lomi Makes Composting Faster and Cleaner at Home

What I Learned Using Apple's Journal App
231129-site-apples-latest-app-to-fix-you-v2

What I Learned Using Apple's Journal App

Latest Products All latest products

Sony Pulse Explore Earbuds: Setup and Hands-On
cnet

Sony Pulse Explore Earbuds: Setup and Hands-On

The PlayStation 5 Slim: Hands-On
p1019822

The PlayStation 5 Slim: Hands-On

CNET Editor Reacts to Vision Pro Spatial Video
04-viewing-spatial-videos-in-apple-vision-pro

CNET Editor Reacts to Vision Pro Spatial Video

Samsung's 98-inch 8K TV Is Big, Bright and Really Expensive
samsung98in-2

Samsung's 98-inch 8K TV Is Big, Bright and Really Expensive

300-Mile Honda Prologue EV Hits the Road Next Year
hondapic2

300-Mile Honda Prologue EV Hits the Road Next Year

Meta's Ray-Bans, Hands-On: These Glasses Now Stream to Instagram
raybanglassescnet

Meta's Ray-Bans, Hands-On: These Glasses Now Stream to Instagram

Latest How To All how to videos

Tips and Tricks for the Galaxy Watch 6
231120-site-tips-tricks-and-hidden-features-v2

Tips and Tricks for the Galaxy Watch 6

How to Use ChatGPT's New Voice Conversations
how-to-use-chatgpt-voice-chat-00-03-01-13-still003

How to Use ChatGPT's New Voice Conversations

How to Add Multiple Accounts and Set Up a Parent-Supervised Account on the Quest 3
add-accounts-on-quest-3-00-02-59-11-still005

How to Add Multiple Accounts and Set Up a Parent-Supervised Account on the Quest 3

How to Take Screenshots in Windows 11
p1022383-00-00-00-06-still003

How to Take Screenshots in Windows 11

10 Must-Try Hidden iOS 17 Features on Your iPhone
230921-site-ios-17-hidden-features

10 Must-Try Hidden iOS 17 Features on Your iPhone

How to Record Your Screen in Windows 11
how-to-record-your-screen-in-windows-11-00-00-48-13-still002

How to Record Your Screen in Windows 11