Showing posts with label billionaires. Show all posts
Showing posts with label billionaires. Show all posts

Jun 26, 2021

Karen Harradine on Bill Gates as climate change critic

[Bill] Gates is a fierce critic of C02 emissions and a climate change ideologue, so much so that he is about to publish a book on the topic.  But why is he preaching to us on climate change when he must be one of the heaviest personal users of carbon in the world? 

In 2017, Gates took 59 flights, presumably in his private plane, which he has described as a ‘guilty pleasure.’  I am certain that his guilty pleasure produces a lot more CO2 than my own dark chocolate fetish. His flights emitted 1,600 tons of carbon dioxide in a single year whereas most of us produce only 10 tons annually. 

In February, it was rumoured that Gates had bought a superyacht, something he has yet to confirm or deny, although he certainly charters them.  The timing is suspicious, given that several billionaires took to the seas in superyachts in March to escape Covid-19 and the unpleasant effects of medieval lockdowns.  The environmental damage they would have done to our oceans’ delicate ecosystems bears examination.  One superyacht uses around 500 litres of petrol per hour and pumps out 2.1 million tons of C02 a year.

~ Karen Harradine, "The megalomania of Bill Gates - Part One," The Conservative Woman, December 12, 2020



Dec 9, 2008

BusinessWeek on billionaire Kirk Kerkorian's ill-fated bets on Ford Motor and Las Vegas

It was to be the culmination of Kirk Kerkorian's drive to become Las Vegas' largest player. But the $9.3 billion CityCenter project, a gangly collection of four hotels, an Elvis-themed Cirque du Soleil show, and 2,700 high-priced condos, has become the billionaire's disaster in the desert. Beset by cost overruns, the MGM Mirage project has helped devastate the value of Kerkorian's 54% stake in the casino giant, at a time when he was pledging his casino shares for a line of credit and placing a big bet on Ford Motor stock.

~ BusinessWeek, "Kerkorian's Other Problem," October 22, 2008 (Nov. 3 issue)

Jun 7, 2008

Forbes: Campaign contributions of billionaires

What kind of politicians do billionaires like? Republicans, but only by a slim margin. As of midyear 84 members of The Forbes 400 had given to Republicans, versus 80 to Democrats.

The clear favorites of the monied crowd: John McCain with 46 donors from The 400, Rudolph Giuliani with 45 and Hillary Clinton, also with 45.

~ Forbes, "Where the Smart Money's Going," October 29, 2007