Flashback: Bill Gates Slams Unreliable Wind and Solar Energy

EXCERPT:

GATES: “I was at this conference in New York, I won't name it, and they were saying -- all these financial guys got on stage and said, 'Oh, we're going to rate companies in terms of their CO2 output. We're going to say this company puts out a lot of CO2 and financial markets are magical, and all of a sudden the CO2 will stop being emitted. And I was like, 'OK, how do you make steel? Do you -- do you guys on Wall Street, do you have something in your desks that makes steel?' (Laughter) What -- where's the fertilizer, cement, plastic? Where's it going to come from? You know, do planes fly through the sky because of some number you put on a spreadsheet? So the -- the madness of this so-called finance is the solution, I don't get -- I just don't get that. There is no substitute for how the industrial economy runs today.”