Bill Gates calls for creation of National Institutes of Energy Innovation to better address climate change

Wind power in Washington state. (GeekWire Photo / Kurt Schlosser)

In the midst of one global disaster, Bill Gates is thinking about how to prevent the next. And while the world clearly wasn’t prepared to deal with the COVID-19 pandemic, the Microsoft co-founder thinks there is one solution that could help address climate change.

In a new GatesNotes blog post on Thursday, the Microsoft co-founder is calling for a better national way to evaluate and nurture great ideas around clean energy research. Specifically, Gates would like to see the federal government create the National Institutes of Energy Innovation.

“This the most important thing the U.S. can do to lead the world in innovations that will solve climate change,” Gates said.

Rather than having research and ideas spread across departments such as Energy, Transportation, Defense and even NASA, Gates said the idea would follow the successful model demonstrated by the National

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Elon Musk is now tied with Bill Gates as world’s second richest man

By Michelle Toh | CNN Business

Elon Musk’s rocket-like climb up the ranking of the world’s richest men continues.

The Tesla CEO’s net worth soared on Monday as shares of his electric automaker hit a record high, boosting his net worth to $127.9 billion, according to the Bloomberg Billionaires index, which tracks the world’s 500 wealthiest people.

For a couple of hours that put him slightly above Bill Gates, the co-founder of Microsoft and world’s second-richest person, who was estimated to be worth $127.7 billion. The latest readout from the Bloomberg index has the men tied on $128 billion each.

Musk’s fortunes are directly linked to those of Tesla. His biggest asset is the company’s stock, of which he last owned about 20%, according to Bloomberg.

This year has been very good for the entrepreneur. So far in 2020, Tesla’s stock has shot up almost 524%, helping Musk add more

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Bill Gates looks back at ‘The Road Ahead’ after 25 years and some hit-and-miss tech predictions

Bill Gates is spending plenty of time these days looking forward to the solutions that will get us out of the COVID-19 pandemic or begin to address climate change meaningfully. On Tuesday, he looked back at “The Road Ahead,” 25 years after his first book captured his predictions and enthusiasm for where digital technology was going.

In a GatesNotes blog post, the Microsoft co-founder said he was “too optimistic about some things, but other things happened even faster or more dramatically than I imagined.”

Gates said it’s easy to forget what we were doing in 1995 and how the internet has transformed society since.

“People were still navigating with paper maps. They listened to music on CDs. Photos were developed in labs. If you needed a gift idea, you asked a friend (in person or over the phone),” Gates wrote. “Today you can do every one of these things much

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Breakingviews – Musk passes Gates, but not yet in impact

Tesla Inc CEO Elon Musk speaks at an opening ceremony for Tesla China-made Model Y program in Shanghai, China January 7, 2020. REUTERS/Aly Song

NEW YORK (Reuters Breakingviews) – Elon Musk is now the second-richest person in the world, at least on paper, but he has a long way to go in catching up to the newly-displaced Bill Gates in impact. The Tesla and SpaceX mogul’s wealth edged past the Microsoft founder’s at just under $128 billion on Monday, according to Bloomberg, thanks to the surge in Tesla’s market capitalization to $500 billion – still far below Microsoft’s $1.6 trillion but equivalent to a dizzying 133 times next year’s forecast earnings according to Refinitiv. Gates, in fairness, has given vast sums to charity and done much to improve humanity’s lot. That’s Musk’s future challenge.

The Bill & Melinda Gates Foundation had given away $55 billion at the end of 2019.

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Elon Musk overtakes Bill Gates to become world’s second richest person behind Jeff Bezos

Elon Musk has passed Microsoft co-founder Bill Gates to become the world’s second richest person, according to the Bloomberg Billionaires Index. The Tesla CEO’s net worth now sits at around $128 billion, after increasing by $100 billion this year. There is a sizable gap between Musk and the number one spot, which is currently held by Amazon CEO Jeff Bezos who has a reported net worth of around $182 billion. In January, Musk ranked 35th on the list, Bloomberg reports.

For an idea of how the wealth of these men compares to the average American household, check out this amazing data visualization produced earlier this year in which every pixel represents $1,000.

Musk’s rapid ascent up the list has mainly been driven by Tesla’s share price. The car company currently has a market cap of almost $500 billion, after starting the year at under $100 billion. The Guardian reports that

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Musk guns for Gates’ No. 2 wealth ranking with Tesla on a tear

Elon Musk is just a Tesla stock rally away from unseating fellow mega-billionaire — and occasional verbal sparring partner — Bill Gates as the second-richest person on the planet.

As of Thursday, Musk’s net worth was $123 billion, $5 billion shy of Gates on the Bloomberg Billionaires Index, a ranking of the world’s 500 richest people.

Bloomberg News reported that Musk’s net worth soared $10.2 billion on Wednesday after Tesla shares climbed 10% on the strength of an overweight rating by Morgan Stanley. Analyst Adam Jonas predicted in a note that the company was on the brink of transitioning from being mainly a car-retailing business to one with multiple revenue streams from products like software and services.

It was the second day of banner gains for Musk. His fortune rose $7.6 billion on Tuesday after the electric-car maker was named for inclusion in the S&P 500 Index. Tesla’s meteoric rise

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Bill Gates Is Great, But Does Anyone Else Really Think Microsoft Teams And Zoom Will Replace Business Travel?

On Tuesday, Microsoft co-founder Bill Gates forecast that business travel will decline by 50%, even after the coronavirus crisis ends. He predicted a “very high threshold” for business trips as people work from home and use social media to meet.

“My prediction would be that over 50% of business travel and over 30% of days in the office will go away,” Gates told Andrew Ross Sorkin during The New York Times’ Dealbook conference.

In other news, my computer keeps asking me to sign in to Microsoft Teams – which, I just learned, can be integrated to work with Zoom.

Gates is a widely admired philanthropist and leader of the fight against coronavirus, but let’s acknowledge that his view of the airline industry

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Bill Gates predicts half of all business travel won’t return once COVID-19 is gone, report says

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Bill Gates: Companies will have a “very high threshold” for traveling to conduct in-person meetings.


Screenshot by CNET

Microsoft founder Bill Gates predicts that half of all business travel won’t return after the coronavirus pandemic ends and that people will also work far less often from a physical company office, Business Insider reported. Gates made the remarks Tuesday at The New York Times DealBook conference, BI said.

“My prediction would be that over 50% of business travel and over 30% of days in the office will go away,” Gates reportedly said, adding that from now on, businesses will have a “very high threshold” for traveling to conduct in-person meetings.

Microsoft has already announced a permanent work-from-home policy for eligible employees, who can also choose from a hybrid model

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Bill Gates comments on social media platform Parler

Post-election, many conservatives, and some extremists, have been heading to Parler, a conservative social media app funded by Republican megadonor Rebekah Mercer, which bills itself as a free speech Twitter-spin off.

But billionaire Bill Gates isn’t a fan of the platform, calling some of its content “crazy stuff.”

If somebody goes to Parler, they are saying, “I like crazy stuff,” Gates said Tuesday at The New York Times DealBook Summit. “If you want Holocaust denial, hey, Parler is going to be great for you,” Gates said.

(In October, Facebook announced a ban on content denying or distorting the Holocaust, classifying it as hate speech. Parler, however, does not police any content on its platform, so popular but controversial topics that appear on the site include voter fraud, Holocaust denial and anti-Semitic remarks, according to the Anti-Defamation League.)

Parler, which was founded by Mercer, John Matze and Jared Thomson in 2018,

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The ‘real advantage’ Elon Musk and Bill Gates have

Hedge fund billionaire Ray Dalio has spent years studying the habits and personalities of successful, wealthy leaders. 

In fact, the hedge fund billionaire, has interviewed and administered an hour-long personality test to people from Tesla CEO Elon Musk and Microsoft co-founder Bill Gates to Netflix co-founder Reed Hastings and Nobel Prize-winning economist Muhammad Yunus in an effort to understand what sets certain leaders apart from the average person.

And Dalio often sees common threads in these leaders’ personalities, he recently told podcast host Graham Bensinger.

“Quite often, you have people with imagination who are not practical, and people who are practical with not much imagination,” Dailo said. People like Musk and Gates “had both of those things.

“They were passionately, unwaveringly committed — so that it’s a high — to make discoveries,” he said.

With Musk, when Dalio administered the personality test, Dalio was most struck by the Tesla CEO’s

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