Bill Gates is optimistic about the future of fake meat and plant-based foods

“These products will ultimately be very good”

Microsoft co-founder and philanthropist Bill Gates gave his thoughts on the future of meat alternatives during his annual “Ask Me Anything” session on Reddit.

The 67-year-old billionaire answered questions from Redditors on a variety of topics, including the climate and veganism, prompting Gate to share his optimism about plant-based meat. “There are companies that are producing ‘beef’ in new ways and people that are working to still use cows but reduce methane emissions,” Gates wrote in the thread.

“I think these products will ultimately be very good, even if their share is small today,” he added. Gates said he has endorsed alternative meat brands Beyond Meat, Impossible Foods and Upside Foods (formerly known as Memphis Meats). However, the billionaire said he was less hopeful about the likelihood of the general public turning to veganism in a bid to save the climate.

“For people who want to go vegan, that’s great, but I don’t think most people will,” he wrote. The philanthropist concluded his responses to climate-related questions by stressing that he believes it all comes down to cost, no matter what industry is being talked about. “The key to climate change is to make the clean products as cheap as the dirty products in all emissions sectors — airplanes, concrete, meat, etc.,” Gates said. “It’s the only way we can ask all countries in the world to change. If it costs a lot, we won’t succeed.”

Source: https://canadatoday.news/

Tech Billionaires Rally Around Nuclear as Energy Crisis Looms

Elon Musk predicts solar power “will be the main long-term way that civilization is powered.”

In recent weeks, some of Silicon Valley’s most famous technologists have hailed a historically polarizing energy source — nuclear power — as a solution to both cutting carbon emissions and weaning the world off now-controversial Russian gas.

Billionaire entrepreneur Elon Musk wrote on Twitter that nuclear is “critical” to national security, while the risk of radiation is overplayed. And venture capitalist Marc Andreessen called for “1,000 new state-of-the-art nuclear power plants in the U.S. and Europe, right now.” The war galvanized a sentiment which has been building in recent years in the startup world, where billionaires including Bill Gates, Jeff Bezos and Peter Thiel have opened their wallets to back next-generation nuclear companies. None of the advanced reactor startups has yet produced an operating commercial product, but some believe that the combination of tech advances and a new urgency around ditching fossil fuels could be a catalyst for the sector — which has mostly languished in regulatory purgatory since the 1970s.

https://www.bloomberg.com/

Elon Musk is now worth $230 billion

Rich as much as Bill Gates and Warren Buffett combined

Elon Musk has entered rarified air in the world billionaire rankings. The Tesla and SpaceX CEO is not only currently the richest person in the world, but is now worth as much as fellow billionaires Bill Gates and Warren Buffett combined.

 

The 50-year-old’s net worth is $230 billion as of Friday morning, according to the Bloomberg Billionaires Index. Gates sits in fourth place with $130 billion and Buffett is No. 10 with $102 billion. Both Gates and Buffett previously held the mantle of world’s richest person. Musk first passed Amazon CEO Jeff Bezos to become the world’s richest man in January with a net worth of $185 billion. Bezos had held the title since 2017.

https://www.cnbc.com/