‘Bill Gates is accused of hypocrisy after joining bidding war to buy the world’s largest private jet operator – one month before he releases his book preaching about climate change
- The Microsoft boss’s company Cascade Investment entered the bidding war for British private jet servicing company Signature Aviation Friday
- Cascade teamed up with Blackstone Group to make a $4.3 billion bid
- Cascade and Blackstone now go head-to-head with private equity firm Carlyle
- Gates’ Cascade already owns a 19 percent stake in Signature
- News of Gates’ pursuit of the private jet firm raised eyebrows given its actions are at direct odds with his very vocal stance on climate change
- In February, Gates will release his book ‘How to Avoid a Climate Disaster: The Solutions We Have and the Breakthroughs We Need’
- In it he sets out his plans for how the world can reach zero greenhouse gas emissions in time to prevent a climate crisis
- This comes months after he published a blog post lecturing the public that climate change ‘could be worse’ than the coronavirus pandemic
- Signature Aviation handles 1.6 million private jet flights every year
- A private jet flight emits up to 40 times as much carbon per passenger as regular commercial flights, according to research ‘https://www.dailymail.co.uk/news/article-9128203/Bill-Gates-bids-private-jet-operator-one-month-releases-climate-change-book.html?fbclid=IwAR2YEYRsfaTG9VHAz5KaWn_qLPRRaFAlrE8m7WNXOtvoWzsB29pXB_LTCiU
