Fossil fuel divestment has ‘zero’ climate impact, says Bill Gates

Mr. Gates told the FT that investors would have better results in promoting progress and mitigating climate change, through funding innovative businesses such as Beyond Meat and Impossible Foods, instead of divesting from fossil fuels.

Already in the past Bill Gates has branded fossil fuel divestment “a false solution” and accused environmentalists of making misleading claims about the price of solar power.

In the past there were campaign against the investments in fossil fuels by
the Bill and Melinda Gates Foundation, the world’s largest charitable foundation and funder of medical research, which Gates founded with his wife.

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