Bill Gates, 893 Companies Ditch Climate Initiative…Call For “Return to Economic Rationality”

From the NoTricksZone

By P Gosselin 

Nearly 900 companies—including dozens of large international corporations—have quietly withdrawn from the Science Based Targets Initiative (SBTi), reports Blackout News here.

The move is being touted as an “overdue return to economic common sense.”

Symbol image created by Grok AI. 

The SBTi requires its members to set scientifically validated climate targets, essentially aligning their emissions goals with international standards.

The recent exodus of 893 firms signals a growing discontent. According to the reporting, many companies are questioning the practical feasibility of the initiative’s stringent requirements. The core argument?

Political climate policies that ignore technical and financial limitations end up jeopardizing long-term economic viability and weakening global competitiveness.

ENTIRE ARTICLE AT BLACKOUT NEWS

The message to policymakers is clear: excessive regulations often translate directly into higher operating costs, stalled investments, and declining market competitiveness. For many corporations, their commitment to the SBTi began to feel like “symbolic politics” rather than a sustainable business strategy. The withdrawal is therefore a strategic move—a shift back toward focusing on operational stability and profitability as the bedrock for any meaningful long-term investment.

Great Britain, the USA, and China have seen the highest number of companies ending their participation.

The hundreds of corporate withdrawals mark a pivot toward economic realism and suggests that self-determined, pragmatic strategies are replacing politically mandated ones, asserting that a credible, long-term environmental policy must first respect economic strength.

Bill Gates calls off “humanity’s demise”

Bill Gates’s recently called for a “strategic pivot” in climate change, shifting the world’s primary focus from near-term emissions goals and “doomsday” scenarios to improving human welfare, fighting poverty, and preventing disease in the world’s poorest countries.

He laid out this perspective in a recent memo titled “Three tough truths about climate”. Gates argues that the central metric for global efforts should be improving lives and that climate change, will not lead to “humanity’s demise,” and that a “doomsday outlook” is diverting limited resources from interventions that would have the greatest immediate impact on human suffering.

He also stressed that climate and health efforts often compete for funding in national budgets. He gave an example of this pragmatic view by stating he would choose to: “let the temperature go up 0.1 degree to get rid of malaria” if forced to choose between the two.

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November 2, 2025 6:12 am

Elon Musk Goes Nuclear on Bill Gates

Reply to  Joseph Zorzin
November 2, 2025 6:14 am

I greatly dislike all these extremely rich guys- not because they’re rich but that they have too much influence, often over issues they know too little about. In this case, I think Gates got it right- while Musk doesn’t want to lose his EV business.

Mr.
Reply to  Joseph Zorzin
November 2, 2025 7:48 am

they have too much influence, often over issues they know too little about

Also applies to actors, singers, “celebrities”.

Reply to  Joseph Zorzin
November 2, 2025 8:09 am

So, Elon is a warmist. How disappointing.

Someone should send him David Dibbell’s ERA5 energy conversion video.

50 years, 500 years, whatever, given the overwhelming power of the hydrological cycle it seems to me that the effect of CO2 emissions on air temperature will forever be undetectable.

Reply to  Pat Frank
November 2, 2025 9:01 am

“…the effect of CO2 emissions on air temperature will forever be undetectable.”
______________________________________________________________

That’s certainly true of methane, nitrous oxide and the giant list of all the other so-called greenhouse gases: IPCC AR5 Chapter 8 Page 731 pdf73

Reply to  Pat Frank
November 2, 2025 5:05 pm

given the overwhelming power of the hydrological cycle it seems to me that the effect of CO2 emissions on air temperature will forever be undetectable.

You should be more definite – It is certain that the overwhelming power of the hydrological cycle means the direct influence of CO2 will always be undetectable.

Way too many Luke Warmers who do not understand physics. Record snowfall is the story of recent years and those to come as the hydrological cycle in the NH spins up under the shifting solar intensity.

The most important climate observation of our time is Greenland gaining altitude. .If it keeps going up, glaciation certain. If melt takes over then another 26,000 years before glaciation.

Reply to  Joseph Zorzin
November 3, 2025 5:50 pm

Well Gates doesn’t have it right either, if you read what he says. Still thinks we “need” to “get to zero emissions.”

Anyone promoting the climate scam at any level can go pound sand. WARMER IS BETTER!

Reply to  Joseph Zorzin
November 2, 2025 6:18 am

Love Elon, but he is wrong on some of his points. 50 years and even 500 years is a joke. CO2 is measured in Parts per Million and it has been as high as 7,000 ppm with no negative consequences, in fact life exploded during the Cambrian. He is also wrong about running out of combustible fuel. He comes from South Africa. They literally make their own oil and gas. Sasol is the company. Germany also made their own fuel during WWII. You learn to make Gas in Organic Chem 101. It is simply a hydrocarbon. You can burn your grass clipping and make gas from it.

Reply to  CO2isLife
November 2, 2025 6:24 am

Gates should stick to computer issues and doing stuff for the world’s desperate folks- and Musk should focus on spaceships- and trying to sell EVs once all subsidies and tax breaks end. In that video he argues that electric big trucks is a great idea. Gates tried to explain why it’s not true. I doubt many trucking companies are going to move to electric trucks though they’ll probably like driverless trucks. I’d hate to be on a highway and see a driverless 18 wheeler near me. Same for driverless cars. Maybe theoretically they’re safer than cars with drivers- I still don’t want to be near one on a highway.

Joe Crawford
Reply to  Joseph Zorzin
November 2, 2025 7:40 am

“I’d hate to be on a highway and see a driverless 18 wheeler near me. Same for driverless cars.” I spent too much time in High Tech to ever trust driverless anything. There is no such thing as error free software.

The shortest ‘type one’ program (i.e., supported program product) ever shipped was called IEFBR14. It contained one line of code. The program was in the field for years before an error showed up. The fix for the error doubled the size of the program to two lines of code.

Another example, this one in autopilots, was the tale of an oil tanker that motored into Tokyo Harbor. The harbourmaster called the ship on the VHF radio and asked the Captain about the accident. The Captain replied: “What accident?” The rigging of a sailboat was hanging from the bow and no one onboard knew anything about it.

MarkW
Reply to  Joe Crawford
November 2, 2025 8:38 am

In the other hand, how many big rigs have crashed in the US during the past year.

Reply to  Joe Crawford
November 2, 2025 4:35 pm

There is no such thing as error free software.

Intel’s 386 chip is widely recognised as having no errors. The only one, I believe.

Reply to  Zig Zag Wanderer
November 3, 2025 5:54 pm

Hardware not software.

Bryan A
Reply to  Joseph Zorzin
November 2, 2025 9:35 am

The only time that I will believe driverless cars to be safer is when ALL cars are driverless AND can and do communicate with each other in their vicinity there by removing the unknown variable out of the equation.

Reply to  Bryan A
November 2, 2025 10:57 am

good idea!

Reply to  Bryan A
November 3, 2025 10:53 am

Oh, the bandwidth required on the 405 during drive time.

Joe Crawford
Reply to  Bryan A
November 3, 2025 1:21 pm

That’s now being tried both in the air and on the ocean. Both, for safety’s sake, still require a human ‘behind tha wheel’ so to speak. But, maybe one of ’em will get it working right before it’s required in autos.

drednicolson
Reply to  CO2isLife
November 2, 2025 9:43 am

How-to guides to “gasification” were distributed in the US and Canada during WWII also, on how to convert firewood to usable gasoline. Allowing households on the home front to have some motor fuel available when most of the main supply was going to the military.

November 2, 2025 6:23 am

This is the very foundation of the Climate Change Hoax. The science is a complete joke.
https://app.screencast.com/nXfZcUyGR4QlR

Also, Elon wants to inhabit Mars. The Mars atmosphere is 98% CO2.

SxyxS
Reply to  CO2isLife
November 2, 2025 7:03 am

That’s why Mars is so hot.
So hot that it looks red.
Probably the hottest planet in the Universe.

Mars used to have a high population density,
but then there was a massive increase in Co2 levels,
from 97.9999% Co2 to 98% Co2.
And that destroyed the climate and the Martians are no more.

The question here is why are/were Martians green? Photosynthesis maybe?

Reply to  SxyxS
November 2, 2025 9:12 am

Nice tongue in cheek post. Yeah, Venus has an atmosphere that’s 95% CO2 and runaway global warming has made the surface on Venus hot enough to melt lead.

And Mars has a 95% CO2 atmosphere and it’s cold enough there to snow dry ice.

Reply to  Steve Case
November 2, 2025 9:51 am

Venus is so hot because its atmospheric pressure at the surface
is 90 bar, not because of the Greenhouse Effect.

drednicolson
Reply to  Graemethecat
November 2, 2025 10:58 am

And Mars has almost no magnetic field from its cooled core, so any gas lighter than CO2 is stripped from its atmosphere by the solar wind.

Venus is a pressure cooker. Mars is a rusty open skillet over embers.

Reply to  Graemethecat
November 2, 2025 2:29 pm

<b>Venus is so hot because its atmospheric pressure at the surface
is 90 bar, not because of the Greenhouse Effect.</b>

That is 100% correct. The atmosphere is like soup. In fact, I believe the surface temperature is higher, at 500 °C.

Reply to  Steve Case
November 3, 2025 5:56 pm

Venus didn’t “have a runaway global warming,” that just the CO2 fetishism point of view. It’s atmosphere is extremely dense, that is what accounts for its heat.

Reply to  SxyxS
November 2, 2025 3:13 pm

I think you forget your sarc tag.
I often do it also. A new reader may not realize. 😎
PS The Martians were green because the curvature of the the Martian atmosphere bends the Sun’s light so that … Well, long story short, it’s because of CO2, of course.

(Somebody send SxyxS a check. I get 10%.

Bruce Cobb
November 2, 2025 6:24 am

Good for them, but how do they explain why they signed on to SBTi in the first place?

SxyxS
Reply to  Bruce Cobb
November 2, 2025 7:27 am

That’s the real question.
What does have so much power to force its will onto everything on everyone in all domains.

Maybe if we go back a hundred years someone gave us already a hint. .
A really crazy guy , someone who was already a conspiracy theorist(and conspirator) decades before the CiA established this term in the 60ies to silence critics, a US President.

” Some of the biggest men in the USA know that there is a power somewhere so organized,so subtle, so watchful, so interlocked, so complete, so pervasive that they better not speak above their breath when they speak in condemnation of it ”

Woodrow Wilson

Maybe there is a reason why all these global trends, wars and new sets of values,
the irrational and totally onesided behaviorism of politicians and experts, no matter how disputed the subject, always start in the USA .

Around the same time another American started to invest years of research into something irrelevant called symbolism.
After that he was able to predict coming global developments and players with uncanny precision – and he was almost sentenced to death for that.

Reply to  SxyxS
November 3, 2025 10:56 am

Marxism, communism and Naziism started in the US? Who knew?

November 2, 2025 6:26 am

So it’s great that these big companies are changing their views- but I see no evidence that some nations and some American states are doing that. Zero evidence of that here in Wokeachusetts.

Reply to  Joseph Zorzin
November 2, 2025 7:35 am

Give it some time. The entire CAGW is crumbling, but people are slow on the uptake. Also, for some it’s a religion. People don’t dump their religion overnight. Also, the Deep Left neo-communists are heavily invested politically. They will not go down without a fight. That being said, the end is nigh for the alarmists.

Reply to  OR For
November 2, 2025 9:19 am

“Give it some time.”
_______________________________________________________________

Environmentalism pretty much started with Carson’s “Silent Spring” in 1962.
That makes it 63 years. Global warming is over 40 years old. How much
more time is it going to take to unravel?

Reply to  Steve Case
November 2, 2025 6:14 pm

After EPA Administrator Lee Zeldin issue an announcement rescinding the 2009 Endangerment Finding, he will put an end to the greatest scientific fraud since the Piltdown Man. When this occurs, no one here or elsewhere will be taking about global warming, greenhouse gases, and climate change.

I had been checking every day the Federal Register for the Announcement but it had not been posted before the government shut down. So nothing is going to happen until the federal government restarts.

Reply to  Harold Pierce
November 3, 2025 10:58 am

Your optimism is admirable.

Reply to  Joseph Zorzin
November 2, 2025 4:43 pm

It will fall the slowest in those places most corrupt. Every dollar spent, especially tax dollars, ends up in someone’s investment account. Climate change expenditures, where both ultimate costs and results were a complete unknown, was the perfect conduit to channel money to the right people.

November 2, 2025 6:27 am

If you control for H2O and the Urban Heat Island Effect you find that CO2 doesn’t matter. Over the last 20 years CO2 had absolutely no impact on temperatures. Elon knows this data, yet he ignores it. 50 years is 2x the length of this graphic. 2×0=0.

Screenshot-2025-11-02-092501
Reply to  CO2isLife
November 2, 2025 5:44 pm

That graph is from the Climate Reference Network and is available at this website. Note that the anomaly is 0.54° F, i.e., little warming in the US.

Bruce Cobb
November 2, 2025 7:09 am

“It seemed like a good idea at the time”.
“You’re fired”.

Neil Pryke
November 2, 2025 7:57 am

…an “overdue return to economic common sense.”

Can we have our money back, please..?

mleskovarsocalrrcom
November 2, 2025 7:58 am

Unfortunately, but not in this case, so called “elites” are given too much credibility for their views because they control so much money. This is where the Marxists fail completely. On one hand they demonize the rich for their money but on the other hand make them saints when they agree with the Marxist ideology on any point. It’s the epitome of hypocrisy. If anyone seriously looks at Gate’s views on various subjects you would come to the conclusion he’s a dyed in the wool eugenicist. But like the rest, he talks the talk but doesn’t walk the walk.

rtj1211
November 2, 2025 8:15 am

Please can we stop thinking that hyper-self-centred billionaires have any capability of knowing how to lead mankind?

They are where they are because all they were ever interested in was their own wealth.

We need leaders who made sacrifices for others, not leaders who fleeced the whole of the world for their own ends.

Bruce Cobb
November 2, 2025 8:32 am

It strains all credulity how Musk can be very smart in some respects, but a total idiot when it comes to energy and climate. He apparently has no clue about the difference between actual science and ideology.

mleskovarsocalrrcom
Reply to  Bruce Cobb
November 2, 2025 9:18 am

He’s a CC grifter riding the gravy train. He’s also a realist when it comes to politics. He knows without CC hysteria Tesla would never be where it is today, and himself along with it. But you don’t see him jumping on the CC bandwagon. Enigma? Yes. I think he knows CC is a scam but he won’t bite the hand that feeds him.

Bob
November 2, 2025 1:41 pm

Even though I don’t look to Bill Gates for guidance on anything his taking a more realistic view on CAGW is a big deal. He is not on the same page as me but his move closer to us does mean something. A lot of people put a lot of stock in him and the fact he has moved closer to our way of thinking will influence them. That is a good thing.

Reply to  Bob
November 4, 2025 2:21 am

But he really isn’t. At best he’s saying the imaginary climate doom is a bit further down the road, and he’s still singing in the zero emissions choir. Read the first of his quotes in the “Emily Latella with Bill face” WUWT post.

The fact that the slightest soft-pedaling of some smidgen of the rhetoric draws instant flak just tells you what a religion CAGW is.

Edward Katz
November 2, 2025 2:21 pm

“Economic Rationality” is the term that hits the nail on the head for businesses, industries and consumers. Each of them wants to continue operating at a profit, and has learned to recognize the ” climate crisis” as nothing more than a con-job that would erode their profitability and detract from their lifestyle’s conveniences while achieving nothing that human resourcefulness and ingenuity couldn’t solve. Except when it comes to the climate and weather, there’s nothing to solve to begin with since all we’re really experiencing are the usual fluctuations that have been occurring for centuries now and well before human activities could have had any effect on them. A classic example: the glaciers retreated well before man-made carbon emissions could have had any effect on them.

November 2, 2025 3:28 pm

Bill Gates and Microsoft.
I still run Windows 10 Pro.
They say they stopped security updates earlier in October. OK.
But they would continue IF I paid them an annual fee?
Why has a class action suit been filed? They admit they have have the updates for their product. They didn’t shut down that aspect of their “support” system.

willhaas
November 2, 2025 4:18 pm

I believe that these companies are realizing that there is no real evidence that CO2 has any effect on our global climate system and and that the AGW hypothesis has been falsified by science. World wide trillions of dollars have been spent fight climate change yet no one is saying that there has been any imporvement in our global climate. The political reasons for spending money to fight climate change have been falling apart.

Reply to  willhaas
November 3, 2025 1:58 am

 there is no real evidence that CO2 has any effect on our global climate system and that the AGW hypothesis has been falsified by science.”

It is noted that not one of the local climate wonks has ever even bother to try to counter this fact.

Reply to  bnice2000
November 4, 2025 2:33 am

Hard to counter when all they have is hypothetical bullshit and zero empirical evidence.

November 3, 2025 5:47 pm

Great to see hordes of companies awaken from their climate delusions Gates, however, is still mostly singing the same old tune about needing to get to “zero emissions.” Let us know when you have moved into your cave and adopted the hunter-gatherer lifestyle, Bill.