Billionaire Bill Gates Wants the People of Washington to Pay More for Gas

 

 

On Tuesday, billionaire Bill Gates…

Let me say that one more time, if for no other reason, for myself…

Billionaire Bill Gates…

That would be, billion.

How much is a billion? It’s one thousand million.

Anyway, billionaire Bill endorsed an increase in gas prices in Washington state.

Does a billionaire ever have any business telling regular people to pay more money?

The Microsoft founder threw his support behind a carbon emissions fee in order to fight the planetary threat of global warming.

He explained in a blog post:

“Here in Washington state, climate change is on the ballot. If Initiative 1631 passes in November, it will create a fee on emissions that cause climate change, with the goal of boosting the effort to stop the planet from getting disastrously warm.”

If the bill passes, a fee of $15 per metric ton of carbon emissions will be heaped upon utilities and refineries. Yearly $2 increases will follow.

According to Resources for the Future, the price of gas will subsequently rise by 13 cents per gallon.

As I understand it, Bill and his wife are extremely generous. In fact, he’s putting some money where his mouth is on the issue:

“I am involved with a private fund, Breakthrough Energy Ventures, that is investing more than $1 billion to help entrepreneurs start new companies that will develop those breakthroughs.”

However, until he and Melinda give away every dime above the average American annual household income of $48,000, in my opinion, they have no place telling others to pay more in (essentially) taxes. Advocating for tax hikes doesn’t strike me as palatable when the people are living in a $125 million home.

Furthermore, let’s all remember the dependability of climate experts. From Newsweek, April 28, 1975:

 

See 3 more pieces from me: bad religion at the Met Gala, Deadpool 2 and the changing world, and a beached wail.

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