- February 20, 2011
- Posted by: Catalyst
- Category: Business Energy News
The man who revolutionised personal computing now wants to revolutionise the way we generate energy. After stepping down as the CEO of Microsoft, Bill Gates has been investing millions of dollars to fight global warming; his ultimate goal is to find an energy source completely free of CO2 emissions.
For the past few years Gates has dedicated most of his time and money to projects that range from the development of high voltage batteries to machines capable of extracting CO2 from the air.
As one of the most successful business men in history his words carry enormous credibility which gives more visibility to projects that might not leave the drawing board. Above all Bill Gates is seen as a visionary and if he believes such projects could change our lives, a lot of people will sit and hear what he has to say.
According to Mr. Gates the world needs an “energy miracle”, an energy source that is reliable, cheap and carbon free. He says we shouldn’t put all our eggs in one basket and purse every available path to achieve this really big breakthrough.
Around the globe there are many countries generating energy from renewable energy resources that look very promising but not big enough to cause the impact needed to make a change. Tidal energy, geothermal and even wind are all good and clean energy generating resources but we need more than that.
The father of Windows is working on a new nuclear approach called travelling-wave reactor, which uses waste uranium for fuel. That dream is far from becoming a reality but if it does we could have cheaper energy with no CO2 emissions.
To sum things up Bill Gates points out two immediate solutions the American and other Governments around the globe should take note to make the transition towards a carbon free society quicker. Increase investment in research and development of new energy generating technology and a well structured energy plan that considers each option based on the likelihood of success.