Finance
Bill Gates Shows How Hard It Can Be to Divest From Fossil Fuel
The world's third-richest person says he’s decided to dump all his oil and gas assets. Delivering on that promise will take time
Photographer: Luke MacGregor/Bloomberg
This article is for subscribers only.
Sign up to receive the Green Daily newsletter in your inbox every weekday.
It was a 90-second video addressed directly to Bill Gates in 2015 that finally convinced the billionaire to take his climate activism one step further by divesting from fossil fuels. But the actual process of disentangling the world’s third-largest fortune from oil and gas is taking years—and hasn’t prevented Gates from investing in other carbon-heavy businesses.