Bill Gates said that he is bothered neither governments nor investors are looking hard to solve the problem of climate-warming emissions created by the manufacturing sector.
He pointed out that there is currently no way to make steel or cement without releasing climate-warming emissions.
Interestingly, Gates has invested some $2 billion toward the development of clean technologies but only in electricity generation and storage, not in manufacturing.
Manufacturing accounts for roughly a third of global greenhouse gas emissions, making it more polluting than the power or transportation sectors, which receive far more attention in policies and investments.
And the sector is set to grow, with the global population increasing and countries further developing.
Gates said there should be diversity in the solutions being sought so governments do not end up duplicating efforts.
Some manufacturing plants may be able to lower their emissions by plugging into an electricity grid run on renewable energy. But that will not solve all emissions from steel- and cement-making, both processes that release carbon dioxide as a byproduct.


Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility
Thailand Inflation Remains Negative for 10th Straight Month in January
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 



