Bill Gates announces Green Tech Fund to Make Renewables Viable

Normal people rent a hall for their wedding; this guy rented an island and flew there in a helicopter.

Even supposing man-made CO2 emissions are creating some temperature increases, we shouldn’t be wasting the £billions and shouldn’t have wasted the £billions the world on WT’s and SP’s and even nuclear reactors through subsidies, tax breaks and guaranteed minimum prices, or even any donations to the Developing World. There’s plenty of gas available for a massive short term programme of Gas Turbines used solely as base load units for 15- 20 years with a follow-on run down of existing Wind Turbines and the larger Solar Panel schemes. Compared to the world’s massive on-going and planned Coal Fired PS capacity, this would save us 60% of CO2 per unit power generated.
In a proper open free competitive market any meaningful and honest investment analysis of the total costs – including even a CO2 per unit power generated tax based say on Stern’s costings of remedying the future consequences of CAGW, would show that all renewable power systems currently available are grossly unreliable, inefficient and massively too expensive. The world, and particularly the Developing World, cannot afford or tolerate this! This is particularly so when their necessary ancillary works needed such as equal capacity standby’s for no/low wind and/or sun conditions and massive additional transmission works systems are allowed for. Nuclear is equally problematic and unacceptable, particularly given the project implementation periods needed, the potential risks of nuclear materials getting into terrorists hands and when toxic waste management and future de-commissioning costs are included. In such a proper market no one would ever have considered these green options and market forces alone would have produced the drive for innovation which could have created a new renewable energy system that only now Gates et al are seeming to be attempting.
Oak Ridge USA has provided us with a renewable energy system which could fill the global energy gap – their successful Pilot Plant Thorium Reactor Plant that was run in the mid 1970’s. Calder Hall Uranium fuelled Nuclear Power Plant in the UK – the world’s first commercial Nuclear Power Station, was developed and commissioned within 13-14 years of dropping the first atom bomb, and the first successful pilot nuclear pile was constructed only a year or two before that in the USA, I believe by Fermi in Chicago. It follows then that given the will and a small proportion of current green subsidies money we should be able to get the much simpler, safer and quicker Thorium Plants up and running in some quantity well before gas runs out.
China, and I think India, already have major Thorium R&D programmes, and I think using Oak Ridge data. The West has been de-motivated through subsidies of various forms and crony capitalism which have distorted and even destroyed the free market mechanisms we desperately need. The normal self-interest, self-survival commercial pressures on the West’s major companies have largely been avoided as unnecessary; they can survive and even succeed regardless!
The above strategy would also have made some impact in driving the Greens into practical and honest debates and saved the world £billions. We never needed to, and we have never been able to, afford the IPCC and should have been spared their dishonest and hysterical alarmist proclamations and diktats! Typically, like most other UN actions and programmes, the UN has failed the world!