Bill Gates Pooh-Poohs Planting Trees As 'Complete Nonsense' To Tackle Climate Change: 'Are We Science People Or...Idiots?'
Portfolio Pulse from Shanthi Rexaline
Microsoft co-founder Bill Gates has criticized the idea that planting trees alone can solve the climate crisis, calling it 'complete nonsense'. He emphasized the need for innovation and clean technology investment, and advocated for political measures like taxing oil and gas sectors. Gates also mentioned his Breakthrough Energy portfolio's efforts to reduce the cost of carbon capture and storage. The BlackRock Future Climate and Sustainable Economy ETF (NYSE:BECO), which focuses on companies addressing climate change, closed Friday’s session at $19.62.
September 25, 2023 | 8:13 am
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Bill Gates' comments on the need for innovation and clean technology investment to combat climate change could potentially increase interest in ETFs like BECO that focus on companies addressing climate change.
Bill Gates' comments highlight the importance of investing in clean technology to combat climate change. This could potentially increase investor interest in ETFs like BECO that focus on companies addressing climate change, leading to a potential increase in the ETF's price.
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