During an interview with BBC News, the American tech tycoon said: “Well, the pandemic will come to an end because these amazing vaccines were invented in a year and we’re trying to scale them up and adopt to the variance.
“But, compared to climate change – that’s very, very easy.
“Sadly, climate change will cause far more deaths – over five times as many per year by the end of the century – but it requires innovation across the entire physical economy.”
Changes would need to be made in steel plants, cement plants, electricity, transport system, and more, Gates noted.
Gates insisted that if greenhouse gas emissions could be completely eliminated it would be “the most amazing thing humanity has ever done.”
According to the billionaire, the world adds 51billion tons of greenhouse gases to the atmosphere each year.
“We’ve never made a transition like we’re talking about doing in the next 30 years,” Gates explained. “There is no precedent for this.”
He revealed that less than 30 percent of total emissions comes from electricity.
The other 70 percent that needs to be decarbonized includes fertilizer production, transport systems, steel, and cement plants.
Planting trees is another way to reduce emissions – which is mostly made up of carbon dioxide.
Gates added: “Right now, you don’t see the pain you’re causing as you emit carbon dioxide.
“We need to have price signals to tell the private sector that we want green products.”