The billionaire also said the world needs to put more of an emphasis on adapting to global warming as impacts worsen.
Bill Gates is warning that the market alone cannot solve climate change, just as President Donald Trump pulls the US out of key global climate organizations.“Government policies in rich countries are still critical because unless innovations reach scale, the costs won’t come down and we won’t achieve the impact we need,” the billionaire founder of Microsoft Corp. wrote in his annual lookahead letter released on Friday.