Flashback: Bill Gates Slams Unreliable Wind and Solar Energy

UNKNOWN MALE So a ░░░░░░░░ of people are very ░░░░░░░░ as you know with ░░░░░░░░ and solar the renewables ░░░░░░░░ coming down The battery ░░░░░░░░ are coming down Do ░░░░░░░░ think that s enough ░░░░░░░░ do you think we ░░░░░░░░ GATES No that is ░░░░░░░░ disappointing I mean really ░░░░░░░░ Vaclav ph yesterday he ░░░░░░░░ OK here s Tokyo ░░░░░░░░ million people You have ░░░░░░░░ days of the cyclone ░░░░░░░░ every year It s ░░░░░░░░ gigawatts rate over three ░░░░░░░░ you know Tell me ░░░░░░░░ battery solution is going ░░░░░░░░ sit there and provide ░░░░░░░░ power I mean let ░░░░░░░░ not jerk around your ░░░░░░░░ orders of magnitude you ░░░░░░░░ 100 per kWh that ░░░░░░░░ nothing That doesn t ░░░░░░░░ the reliability problem And ░░░░░░░░ electricity is 25 percent ░░░░░░░░ greenhouse gas emissions Whenever ░░░░░░░░ came up with this ░░░░░░░░ clean energy I think ░░░░░░░░ screwed up people s ░░░░░░░░ because they didn t ░░░░░░░░ they don t understand ░░░░░░░░ was at this conference ░░░░░░░░ New York I won ░░░░░░░░ name it and they ░░░░░░░░ saying all these financial ░░░░░░░░ got on stage and ░░░░░░░░ Oh we re going ░░░░░░░░ rate companies in terms ░░░░░░░░ their CO2 output We ░░░░░░░░ going to say this ░░░░░░░░ puts out a lot ░░░░░░░░ CO2 and financial markets ░░░░░░░░ magical and all of ░░░░░░░░ sudden the CO2 will ░░░░░░░░ being emitted And I ░░░░░░░░ like OK how do ░░░░░░░░ make steel Do you ░░░░░░░░ you guys on Wall ░░░░░░░░ do you have something ░░░░░░░░ your desks that makes ░░░░░░░░ Laughter What where s ░░░░░░░░ fertilizer cement plastic Where ░░░░░░░░ it going to come ░░░░░░░░ You know do planes ░░░░░░░░ through the sky because ░░░░░░░░ some number you put ░░░░░░░░ a spreadsheet So the ░░░░░░░░ Madness of this so ░░░░░░░░ finance is the solution ░░░░░░░░ don t get I ░░░░░░░░ don t get that ░░░░░░░░ is no substitute for ░░░░░░░░ the industrial economy runs ░░░░░░░░