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.


Oil Prices Steady as U.S.-Iran Peace Talks Ease Strait of Hormuz Supply Fears
Dollar Rebounds as Euro, Pound Slip Ahead of Fed Minutes, Yen Near Intervention Zone
Gold Price Today: Gold Slips as Dollar Rebounds Ahead of Fed Minutes
Japan Defense Stocks Rally on Report of New Defense Ministry Bureau for Global Cooperation
JPMorgan Cuts Gold Price Forecast, Sees Bullion Reaching $4,500 by End of 2026
Gold Price Today: Bullion Heads for First Weekly Gain as Weak U.S. Jobs Data Eases Rate Hike Fears
Mary Daly Says AI Uncertainty Clouds Fed Rate Outlook Despite Restrictive Policy
Wall Street Ends Mixed as Weak Jobs Data Lowers Fed Rate Hike Bets, Chip Stocks Tumble
Gold Price Surges Above $4,120 as Weak US Jobs Data Lowers Fed Rate Hike Expectations
Moody’s Says Peru’s President-Elect Keiko Fujimori Could Boost Investor Confidence
Asian Currencies Rise as Dollar Weakens; Yen Holds Steady Amid Japan Intervention Watch
U.S. Dollar Drops as Weak Jobs Data Boosts Fed Pause Bets, Yen Jumps on Intervention Talk
Brazil to Phase Out Gasoline Subsidy First as Diesel Support Stays Longer
Goldman Sachs Raises USD/JPY Forecast, Sees Yen Weakness Persist Through 2027
Asian Markets Slip as AI Earnings Season Looms, Oil Prices Fall Ahead of Key Fed Signals
Oil Prices Slip as Oversupply Concerns and U.S.-Iran Talks Shape Market Outlook
Russia Stocks End Flat at Three-Year Low as MOEX Index Stalls, Gold Prices Climb 



