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      Bill Gates pushes coal

      Posted by lisa from Grist

      Cascade Investment Management, Gates' personal investment company, is the largest stakeholder (9 percent) in a controversial coal project in Minnesota. Interestingly, Gates' friend billionaire Warren Buffett recently canceled six planned coal projects. As for whether coal can be produced without contributing to climate change, Wikipedia says "there are no coal-fired power plants in commercial production which capture all carbon dioxide emissions, so the process is theoretical and experimental and thus a subject of feasibility or pilot studies."

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    • Is the World Bank coal-fused?

      Posted by Jeff from Feeds.feedburner

      By Joseph RommYou knew it had to happen: the World Bank now has the same climate sensibility as ... the Kansas House. Scientist Jim Hansen, on the other hand, has requested a meeting with Duke Energy CEO Jim Rogers, arguing for a moratorium on coal plants until carbon capture and storage technology is available. Even Wall Street looks on coal ...

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  1. thumbnail

    rhoehn comments on:

    Bill Gates pushes coal

    There is no such thing as clean coal. Its a re-branding on the same dirty thing.

    Reply »

    1:14 pm 5/09/08
  2. thumbnail

    theangryindian comments on:

    Bill Gates pushes coal

    Gates understands full well the implications.  He knows neo-cons will spend money on coal.  And it seems windmills.

    Reply »

    8:52 am 5/08/08
  3. thumbnail

    Jeff comments on:

    Bill Gates pushes coal

    Chuck, seems like Gates doesn’t understand that the overall impact on the world of his actions (personal and professional) are just as important as the persona he tries to create with his  foundation. Or perhaps we can one day erect different statues to Microsoft Bill, Philanthropist Bill and Indifferent Globalization Evangelist Bill.

    Reply »

    1:23 pm 5/07/08
  4. thumbnail

    carley comments on:

    Bill Gates pushes coal

    Talk about backwards progress. Gates needs to get his act together and start investing in the technology of the future. Isn’t the Midwest synonymous with wind these days? I can’t say that I’m surprised, though, given some of the gaffes his company has made regarding environmental issues in the Northwest.

    Reply »

    10:36 am 5/07/08
  5. thumbnail

    chuckt comments on:

    Bill Gates pushes coal

    It looks to me like the Minnesota lawmakers don’t really understand the difference between the Gates Foundation and Gates’ personal investment company.

    Reply »

    10:33 am 5/07/08
  6. thumbnail

    garrettmoon comments on:

    Bill Gates pushes coal

     Sadly if you look at all of our presidential candidates you’ll find that they all support coal as well.  ’Clean’ coal, but does clean coal exist?  You still have to tear up mountains, destroy streams and decimate communities, even if you scrub the air clean.  The problem is that the US has more coal than anyone else in the world, and plenty of it to solve all of our fuel issues*.  If we change our reliance of fuel to coal, we no longer rely on foreign oil, and everything becomes peachy again*.

    *not everything is really peachy and our problems aren’t really solved, they’re just different problems.

    Reply »

    10:31 am 5/07/08
  7. thumbnail

    Jon comments on:

    Bill Gates pushes coal

    Making sure that philanthropists are investing their assets in alignment with their social missions is a hugely important (and oft-overlooked) aspect of pushing social change.  Bravo to Grist for shining the spotlight on this. 

    Reply »

    10:29 am 5/07/08
  • Just Said
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  1. thumbnail

    lisa

    Member since Jul 2008

    Lisa works in green media in Seattle, WA.

    Seattle


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    Jeff

    Member since Jul 2008

    Jeff is the founder of NewsCloud. He is also a freelance writer and blogs at Idealog.

    Seattle


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    dsnodgrass

    Member since Jul 2008

    No city