Bill Gates: Republicans for climate change action, overlooked contributors, and the end of the oil and gas era
Bill Gates emphasized the importance of increasing the number of Republicans convinced that responding to climate change is a priority, as climate change mitigation and adaptation will require sustained investment and support from both the public and private sectors. Gates praised the Inflation Reduction Act (IRA), which included tax credits to drive the development of the clean energy economy, but expressed concern about the longevity of these tax credits depending on political control. He highlighted the need for long-term investments in hard technology and encouraged philanthropists to work with Republicans to increase their commitment to climate. Gates also stressed the global implications of the United States' ability to sustain its investment in climate technology, as clean technologies need to be better and cheaper to scale in less wealthy countries.