Bill Gates bets a billion on ag research
Worth more than $40 billion, Microsoft founder Bill Gates could buy the world a Big Mac. But he’s more interested in helping fund a new green revolution, and he’s telling the world it should be “greener than the first.”
Speaking at the World Food Prize Symposium in Des Moines, Iowa, Gates outlined his vision in his first major address on agriculture, calling governments, researchers, environmentalists and others to “set aside old visions and join forces” to help millions of farmers. He also announced a $120 million package of agriculture-related grants from the Bill & Melinda Gates Foundation to nine institutions around the world.
“Environmentalists are standing in the way of feeding humanity through their opposition to biotechnology, farm chemicals and nitrogen fertilizer,” Gates said.
Dennis T. Avery, director of the Center for Global Food Issues and a former agriculture analyst for the U.S. Department of State, said, “Gates could have said with equal truth that the same environmentalists, by demanding organic-only farming, are...