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by bluquark
2728 days ago
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The whole section is kind of strange. First he says that he believes only technology breakthroughs can solve the climate crisis, despite the expert consensus that the technology is mostly there if the political will can be found to disruptively deploy it. So, presumably, he thinks that mustering the political will is intractable. Then, a few paragraphs later, he admits that his preferred fix of nuclear energy is also blocked by... political constraints. Why he thinks he'll make more progress touting nuclear energy, which is wildly unpopular, instead of "green jobs", which polls well, he doesn't say. |
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The details are:
* Bill believes in a new nuclear fission technology that addresses the concern of nuclear waste, traveling wave reactor [1].
* He financed a startup called TerraPower [2] to demonstrate and then to put in use this technology
* Being aware of the strong anti-nuclear sentiment in the US and of the more friendly attitude in China, he signed an agreement with China National Nuclear Corporation to build a 600MW reactor in China
* With the new US administration more hawkish approach towards China, some new restrictions on nuclear deals were announced by the Department of Energy in October [3]
* Gates' TerraPower venture found itself in the crosshairs of these restrictions, so the deal with the CNNC became for all practical purposes void [4]
[1] https://en.wikipedia.org/wiki/Traveling_wave_reactor
[2] https://en.wikipedia.org/wiki/TerraPower
[3] https://www.energy.gov/articles/doe-announces-measures-preve...
[4] https://www.rt.com/business/447910-bill-gates-nuclear-china/