Bill Gates Quotes
If you really could take the CO2, when you burn hydrocarbons - coal, for example - if you could really capture the carbon and sequester it - they call it CCS - if the extra capital cost, energy cost, and storage costs over time didn't make it super expensive, then that's another path that you could go down.
Gates, Bill. "Innovating to zero!" TED, Feb. 2010.
His assertion that wind energy is less expensive than the fossil fuel alternative is not accurate if one accounts for the costs on the basis of conventional accounting methods. It was at that time more expensive which is why it’s use was limited. However, the existing methods of accounting did not charge the fossil fuels for the environmental degregation that they cause and the cost to society to overcome these or live with them. More important there is no charge to the cost of fossil fuels for the deleterious health effects that their extraction and use cause. Global warming / climate change is not considered at all in the economic analysis.
Many argue that they are hardly reflected at all. The reason is the governments pay for much of the real cost and spread the cost over its taxpayers. Some costs are not monetary—premature deaths from pollution or corruption in petroeconomic corrupt states. People just suffer.
William Henry Gates III is an American business magnate, software developer, investor, author, and philanthropist. He is a co-founder of Microsoft Corporation. During his career at Microsoft, Gates held the positions of chairman, chief executive officer (CEO), president and chief software architect, while also being the largest individual shareholder until May 2014. He is considered one of the best known entrepreneurs of the microcomputer revolution of the 1970s and 1980s. Gates is also co-founder and chairman of TerraPower that is developing next generation traveling-wave reactor nuclear power plants, in an effort to tackle climate change.