“If you ignore 1979, 1986 and 2011, come on, we’ve had a good century.”
Climatewire reports from the Wall Street Journal ECO:nomics conference:
…Gates said there are “five miracles” that also could factor in. The first would be success in capturing carbon emissions, Gates said, which would work well with natural gas if prices of that fuel stay low.
“All you need to do is put carbon capture on that and be willing to pay for it,” Gates said. “You can imagine a future where you’re just using a lot of natural gas and you’re able to do the capture, extremely good capture, like 95 percent capture, which means some innovation.
“That miracle alone would get you a long ways.”
There could also be a miracle in nuclear energy, he said, although it currently is controversial. Gates has invested in new technology for nuclear, a fourth-generation design (Greenwire, Dec. 7, 2011). It could become part of the world’s energy mix comparatively soon, Gates said.
“If everything goes perfectly, by 2022, the demo reactor will be in place,” Gates said, and by 2028, it would be a design that could be replicated in many places.
“How often does everything go perfectly?” Murray asked.
“In nuclear?” Gates said. “If you ignore 1979, 1986 and 2011, come on, we’ve had a good century“… [Emphasis added]