{"id":14668,"date":"2025-07-17T06:24:19","date_gmt":"2025-07-17T06:24:19","guid":{"rendered":"https:\/\/indiabulletinusa.com\/wordpress\/2025\/07\/17\/bill-gates-shrugs-off-trumps-tax-cuts-says-it-could-have-been-much-worse-for-climate-tech\/"},"modified":"2025-07-17T06:24:19","modified_gmt":"2025-07-17T06:24:19","slug":"bill-gates-shrugs-off-trumps-tax-cuts-says-it-could-have-been-much-worse-for-climate-tech","status":"publish","type":"post","link":"https:\/\/indiabulletinusa.com\/wordpress\/2025\/07\/17\/bill-gates-shrugs-off-trumps-tax-cuts-says-it-could-have-been-much-worse-for-climate-tech\/","title":{"rendered":"Bill Gates Shrugs Off Trump&#8217;s Tax Cuts, Says It Could Have Been Much Worse for Climate Tech"},"content":{"rendered":"<p><br \/>\n<\/p>\n<p><strong>Bill Gates Shares Thoughts on Trump&#8217;s Tax Law and Climate Tech<\/strong><\/p>\n<p>Bill Gates, the co-founder of Microsoft and a prominent supporter of clean climate technology, has voiced his views on the recent tax law enacted during the Trump administration. This law, known as the \u201cOne Big Beautiful Bill Act,\u201d has drastically reduced climate incentives in the United States. Despite this setback, Gates remains hopeful about the future of climate technology.<\/p>\n<p>In a conversation with Cipher News, Gates explained that while the new law significantly cuts federal support for established technologies like wind and solar energy, the negative impact isn\u2019t as severe as it could have been. He explained, \u201cIt wasn\u2019t quite the evisceration that a complete lack of believing in climate change might have led to.\u201d While the government&#8217;s view on climate change seems dismissive, Gates noted that the global demand for clean tech continues to be strong.<\/p>\n<p><strong>A Bright Side to the Cuts<\/strong><\/p>\n<p>Gates pointed out that many important tax credits for newer technologies, such as geothermal, nuclear fission, and fusion, have been preserved. He believes this is a positive aspect of the legislation that could help mitigate further damage. \u201cThe fact that it retained tax credits for newer technologies shows that things could have been worse,\u201d he remarked.<\/p>\n<p><strong>Focus on Health and Climate Advocacy<\/strong><\/p>\n<p>Regarding Breakthrough Energy, his climate innovation company, Gates announced a change in funding strategy. He has decided to reduce spending on clean energy advocacy. Instead, his attention is shifting toward global health issues, which he sees as urgent. Gates clarified, \u201cIf I see that that story is not being told well, I\u2019ll jump in,\u201d emphasizing his commitment to fight for climate tech when it&#8217;s crucial.<\/p>\n<p><strong>Exciting Developments in Nuclear Power<\/strong><\/p>\n<p>In discussing TerraPower, the advanced nuclear power company he started, Gates mentioned the rising demand from data centers powered by artificial intelligence. This demand could play a significant role in the future of his company. He stated that any growth in orders linked to AI could bolster TerraPower&#8217;s manufacturing efficiency.<\/p>\n<p>With a proactive approach towards clean energy, Gates continues to navigate the challenges and opportunities in climate technology, ensuring that innovation remains at the forefront.<\/p>\n\n","protected":false},"excerpt":{"rendered":"<p>Bill Gates Shares Thoughts on Trump&#8217;s Tax Law and Climate Tech Bill Gates, the co-founder of Microsoft and a prominent supporter of clean climate technology, has voiced his views on the recent tax law enacted during the Trump administration. This law, known as the \u201cOne Big Beautiful Bill Act,\u201d has drastically reduced climate incentives in<\/p>\n","protected":false},"author":1,"featured_media":14669,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[34],"tags":[10744,17665,17664,17663,17662],"class_list":["post-14668","post","type-post","status-publish","format-standard","has-post-thumbnail","category-technology","tag-bill-gates","tag-bill-gates-breakthrough-energy","tag-bill-gates-on-big-beautiful-bill","tag-bill-gates-terrapower","tag-donald-trump-tax-law"],"_links":{"self":[{"href":"https:\/\/indiabulletinusa.com\/wordpress\/wp-json\/wp\/v2\/posts\/14668","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/indiabulletinusa.com\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/indiabulletinusa.com\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/indiabulletinusa.com\/wordpress\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/indiabulletinusa.com\/wordpress\/wp-json\/wp\/v2\/comments?post=14668"}],"version-history":[{"count":0,"href":"https:\/\/indiabulletinusa.com\/wordpress\/wp-json\/wp\/v2\/posts\/14668\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/indiabulletinusa.com\/wordpress\/wp-json\/wp\/v2\/media\/14669"}],"wp:attachment":[{"href":"https:\/\/indiabulletinusa.com\/wordpress\/wp-json\/wp\/v2\/media?parent=14668"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/indiabulletinusa.com\/wordpress\/wp-json\/wp\/v2\/categories?post=14668"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/indiabulletinusa.com\/wordpress\/wp-json\/wp\/v2\/tags?post=14668"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}