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Thursday, December 3, 2020

Do we need to disrupt the worlds physical economy to prevent climate change?




An interesting article from the notes of BIll Gates got me thinking 

https://www.linkedin.com/pulse/heres-how-us-can-lead-world-climate-change-innovation-bill-gates


Do we need to disrupt the worlds physical economy to prevent climate change? 


Maybe change from a capitalist economy to a central economy - where people are aligned - 


Bill gates called out the microbe a few years ago and the world ðŸŒŽ was not ready for Covid-19!


What can we learn about this pandemic/disaster  to be ready for the next one? What will the next one be ? 


Will it be as a result of climate change? 


Possibly!! 


What can we do to prepare or prevent!


It’s  time to disrupt the physical economy - and  spend time, thought, money ingenuity, energy and focus on  innovation in climate change he says!


How do we eliminate the world’s greenhouse gases. 

How can we generate and store clean electricitygrow foodmake thingsmove around, and heat and cool our buildings, so we can do all these things without adding more greenhouse gases to the atmosphere.


We need to spend more on Climate Change - that I believe we all agree! 

Government investment and focus  - innovation and where people focus their energy follows the money 


The USA  puts around $7 billion a year into clean-energy research, versus more than $35 billion a year into medical research. Putting energy on equal footing with health would be a key first step that would create more than 370,000 jobs while also advancing a clean-energy agenda.


All the governments in the world spend about $22 billion a year on it, or around 0.02 percent of the global economy. Americans spend more than that on gasoline in a single month.


I do not believe there will be any argument with increasing funding significantly for climate change  and there should  total support 


I think the How - is a bit controversial 


A coordinated approach?


Bill Gates suggests we create a central organisation .....Is this not the policy of China ðŸ‡¨ðŸ‡³.?


“There’s no central office that’s responsible for evaluating and nurturing great ideas.”

We need a central office that’s responsible for evaluating and nurturing great ideas. 


This will  reduce duplication and encourage collaboration - and get the most innovation out of every dollar of funding, 


Is a central body the best way?  Will this not inhibit innovation ....

If there is such a body - Should this body not fund - and encourage innovation through funding? 


One thing we know is that innovation follows the money !


The Economy or our Society - should it be a Capitalist based economy or a Centralised economy ?


a central organisation was not done

  • to find a Covid-19 vaccine ... 
  • nor get a computer to every human on the planet .... There was a Microsoft vision to it was not a government body that did so! 
  •  nor  make iPhones go viral - 
  • nor did the government innovate discover the first Ford or plane.....
Although I have no doubt there has been massive government support 


There have  also been massive innovations in China - based on a centralised government . (5G case in point )


Who should control the agenda? A central body? 



“The supporting of the National  Institute of Health of The Gates Foundation’s work in global health simply would not be possible without the countless advances made by the NIH.” Says Bill 


They supported it , helped fund it - encouraged collaboration - but did not control it 


To find a solution - do we need to  encourage innovation - encourage  competition but also encourage collaboration .


Or


 control the agenda through a centralised body run by Government 


Maybe encourage innovation by supporting those working on solutions - or rewarding companies through competitions like the Olympic Games? 


The benefits of a Centralised Body


Central Organisations that control agendas - seems to be  the policy of China - which innovates brilliantly - those that are aligned with the central body will be rewarded - those that don’t will be punished - 

 decisions and funding is based on aligned thinking - stuff gets done and problems get solved.


 Bill, is that what you are suggesting? 


Or are you suggesting a body that will fund, encourage and support innovation -and still encourage free trade and thought and equity? 

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