Bill Gates praised his billionaire colleague and Tesla CEO Elon Musk’s “wild ideas” for helping tackle the climate crisis by pushing other companies to adopt greener technologies. The two have previously made conflicting public statements about electric vehicles – Gates said he bought an electric Porsche – as well as the coronavirus pandemic.
“He’s contributed in many ways,” Gates told CBS Evening News presenter and editor-in-chief Norah O’Donnell on Tuesday. “The Tesla is a strong product. It has forced all automakers to look and see if they can match what it did there. It also recently posed a challenge for what’s called direct air sensing, which will be part of the solution. He was ready. We need hundreds of Elon Musk and that’s how we can do it. ”
Promoting the switch to electric cars, Gates said the world has about three decades to eliminate greenhouse gas emissions and prevent catastrophic temperature spikes. He describes this in his new book “How to Avoid Climate Catastrophe: The Solutions We Have and the Breakthroughs We Need.” With more innovation and demand, Gates expects that prices for greener products will ultimately match the options that are less environmentally friendly, but cheaper to manufacture and buy.
“Tesla and many of the companies are now focused on making these cars., it’s not because they think it’s an inferior product. They believe the green premium will be gone in that category, “said Gates.
He compared Teslalike Impossible Foods and Beyond Meat, which make beef-like products from plants.
“Like electric cars, they’re a pretty small part of the market – 1 or 2% – but when the burger chains offered this as an option, demand was very strong even at a slightly higher price.”
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