ABOUT THE SPEAKER
Bill Gates - Philanthropist
A passionate techie and a shrewd businessman, Bill Gates changed the world while leading Microsoft to dizzying success. Now he's doing it again with his own style of philanthropy and passion for innovation.

Why you should listen

Bill Gates is the founder and former CEO of Microsoft. A geek icon, tech visionary and business trailblazer, Gates' leadership -- fueled by his long-held dream that millions might realize their potential through great software -- made Microsoft a personal computing powerhouse and a trendsetter in the Internet dawn. Whether you're a suit, chef, quant, artist, media maven, nurse or gamer, you've probably used a Microsoft product today.

In summer of 2008, Gates left his day-to-day role with Microsoft to focus on philanthropy. Holding that all lives have equal value (no matter where they're being lived), the Bill and Melinda Gates Foundation has now donated staggering sums to HIV/AIDS programs, libraries, agriculture research and disaster relief -- and offered vital guidance and creative funding to programs in global health and education. Gates believes his tech-centric strategy for giving will prove the killer app of planet Earth's next big upgrade.

Read a collection of Bill and Melinda Gates' annual letters, where they take stock of the Gates Foundation and the world. And follow his ongoing thinking on his personal website, The Gates Notes. His new paper, "The Next Epidemic," is published by the New England Journal of Medicine.

More profile about the speaker
Bill Gates | Speaker | TED.com
TED2010

Bill Gates: Innovating to zero!

Filmed:
5,598,307 views

At TED2010, Bill Gates unveils his vision for the world's energy future, describing the need for "miracles" to avoid planetary catastrophe and explaining why he's backing a dramatically different type of nuclear reactor. The necessary goal? Zero carbon emissions globally by 2050.
- Philanthropist
A passionate techie and a shrewd businessman, Bill Gates changed the world while leading Microsoft to dizzying success. Now he's doing it again with his own style of philanthropy and passion for innovation. Full bio

Double-click the English transcript below to play the video.

00:16
I'm going to talk today about energy and climate.
0
1000
4000
00:20
And that might seem a bit surprising because
1
5000
2000
00:22
my full-time work at the Foundation is mostly about vaccines and seeds,
2
7000
5000
00:27
about the things that we need to invent and deliver
3
12000
3000
00:30
to help the poorest two billion live better lives.
4
15000
5000
00:35
But energy and climate are extremely important to these people --
5
20000
5000
00:40
in fact, more important than to anyone else on the planet.
6
25000
5000
00:45
The climate getting worse means that many years, their crops won't grow:
7
30000
5000
00:50
There will be too much rain, not enough rain,
8
35000
3000
00:53
things will change in ways
9
38000
2000
00:55
that their fragile environment simply can't support.
10
40000
4000
00:59
And that leads to starvation, it leads to uncertainty, it leads to unrest.
11
44000
5000
01:04
So, the climate changes will be terrible for them.
12
49000
4000
01:08
Also, the price of energy is very important to them.
13
53000
3000
01:11
In fact, if you could pick just one thing to lower the price of,
14
56000
3000
01:14
to reduce poverty, by far you would pick energy.
15
59000
4000
01:18
Now, the price of energy has come down over time.
16
63000
4000
01:22
Really advanced civilization is based on advances in energy.
17
67000
6000
01:28
The coal revolution fueled the Industrial Revolution,
18
73000
4000
01:32
and, even in the 1900s we've seen a very rapid decline in the price of electricity,
19
77000
6000
01:38
and that's why we have refrigerators, air-conditioning,
20
83000
3000
01:41
we can make modern materials and do so many things.
21
86000
4000
01:45
And so, we're in a wonderful situation with electricity in the rich world.
22
90000
7000
01:52
But, as we make it cheaper -- and let's go for making it twice as cheap --
23
97000
7000
01:59
we need to meet a new constraint,
24
104000
2000
02:01
and that constraint has to do with CO2.
25
106000
4000
02:05
CO2 is warming the planet,
26
110000
3000
02:08
and the equation on CO2 is actually a very straightforward one.
27
113000
6000
02:14
If you sum up the CO2 that gets emitted,
28
119000
4000
02:18
that leads to a temperature increase,
29
123000
3000
02:21
and that temperature increase leads to some very negative effects:
30
126000
4000
02:25
the effects on the weather; perhaps worse, the indirect effects,
31
130000
3000
02:28
in that the natural ecosystems can't adjust to these rapid changes,
32
133000
5000
02:33
and so you get ecosystem collapses.
33
138000
3000
02:36
Now, the exact amount of how you map
34
141000
3000
02:39
from a certain increase of CO2 to what temperature will be
35
144000
4000
02:43
and where the positive feedbacks are,
36
148000
2000
02:45
there's some uncertainty there, but not very much.
37
150000
3000
02:48
And there's certainly uncertainty about how bad those effects will be,
38
153000
3000
02:51
but they will be extremely bad.
39
156000
3000
02:54
I asked the top scientists on this several times:
40
159000
2000
02:56
Do we really have to get down to near zero?
41
161000
3000
02:59
Can't we just cut it in half or a quarter?
42
164000
3000
03:02
And the answer is that until we get near to zero,
43
167000
4000
03:06
the temperature will continue to rise.
44
171000
2000
03:08
And so that's a big challenge.
45
173000
2000
03:10
It's very different than saying "We're a twelve-foot-high truck trying to get under a ten-foot bridge,
46
175000
5000
03:15
and we can just sort of squeeze under."
47
180000
3000
03:18
This is something that has to get to zero.
48
183000
4000
03:22
Now, we put out a lot of carbon dioxide every year,
49
187000
4000
03:26
over 26 billion tons.
50
191000
2000
03:28
For each American, it's about 20 tons;
51
193000
4000
03:32
for people in poor countries, it's less than one ton.
52
197000
3000
03:35
It's an average of about five tons for everyone on the planet.
53
200000
4000
03:39
And, somehow, we have to make changes
54
204000
2000
03:41
that will bring that down to zero.
55
206000
3000
03:44
It's been constantly going up.
56
209000
2000
03:46
It's only various economic changes that have even flattened it at all,
57
211000
5000
03:51
so we have to go from rapidly rising
58
216000
3000
03:54
to falling, and falling all the way to zero.
59
219000
3000
03:57
This equation has four factors,
60
222000
2000
03:59
a little bit of multiplication:
61
224000
2000
04:01
So, you've got a thing on the left, CO2, that you want to get to zero,
62
226000
3000
04:04
and that's going to be based on the number of people,
63
229000
4000
04:08
the services each person's using on average,
64
233000
3000
04:11
the energy on average for each service,
65
236000
3000
04:14
and the CO2 being put out per unit of energy.
66
239000
4000
04:18
So, let's look at each one of these
67
243000
2000
04:20
and see how we can get this down to zero.
68
245000
4000
04:24
Probably, one of these numbers is going to have to get pretty near to zero.
69
249000
4000
04:28
Now that's back from high school algebra,
70
253000
3000
04:31
but let's take a look.
71
256000
2000
04:33
First, we've got population.
72
258000
2000
04:35
The world today has 6.8 billion people.
73
260000
3000
04:38
That's headed up to about nine billion.
74
263000
2000
04:40
Now, if we do a really great job on new vaccines,
75
265000
4000
04:44
health care, reproductive health services,
76
269000
2000
04:46
we could lower that by, perhaps, 10 or 15 percent,
77
271000
4000
04:50
but there we see an increase of about 1.3.
78
275000
4000
04:54
The second factor is the services we use.
79
279000
3000
04:57
This encompasses everything:
80
282000
2000
04:59
the food we eat, clothing, TV, heating.
81
284000
4000
05:03
These are very good things:
82
288000
3000
05:06
getting rid of poverty means providing these services
83
291000
3000
05:09
to almost everyone on the planet.
84
294000
2000
05:11
And it's a great thing for this number to go up.
85
296000
4000
05:15
In the rich world, perhaps the top one billion,
86
300000
2000
05:17
we probably could cut back and use less,
87
302000
2000
05:19
but every year, this number, on average, is going to go up,
88
304000
4000
05:23
and so, over all, that will more than double
89
308000
4000
05:27
the services delivered per person.
90
312000
3000
05:30
Here we have a very basic service:
91
315000
2000
05:32
Do you have lighting in your house to be able to read your homework?
92
317000
3000
05:35
And, in fact, these kids don't, so they're going out
93
320000
2000
05:37
and reading their school work under the street lamps.
94
322000
4000
05:42
Now, efficiency, E, the energy for each service,
95
327000
4000
05:46
here finally we have some good news.
96
331000
2000
05:48
We have something that's not going up.
97
333000
2000
05:50
Through various inventions and new ways of doing lighting,
98
335000
3000
05:53
through different types of cars, different ways of building buildings --
99
338000
5000
05:58
there are a lot of services where you can bring
100
343000
3000
06:01
the energy for that service down quite substantially.
101
346000
4000
06:05
Some individual services even bring it down by 90 percent.
102
350000
3000
06:08
There are other services like how we make fertilizer,
103
353000
3000
06:11
or how we do air transport,
104
356000
2000
06:13
where the rooms for improvement are far, far less.
105
358000
4000
06:17
And so, overall here, if we're optimistic,
106
362000
2000
06:19
we may get a reduction of a factor of three to even, perhaps, a factor of six.
107
364000
7000
06:26
But for these first three factors now,
108
371000
3000
06:29
we've gone from 26 billion to, at best, maybe 13 billion tons,
109
374000
5000
06:34
and that just won't cut it.
110
379000
2000
06:36
So let's look at this fourth factor --
111
381000
2000
06:38
this is going to be a key one --
112
383000
2000
06:40
and this is the amount of CO2 put out per each unit of energy.
113
385000
6000
06:46
And so the question is: Can you actually get that to zero?
114
391000
4000
06:50
If you burn coal, no.
115
395000
2000
06:52
If you burn natural gas, no.
116
397000
2000
06:54
Almost every way we make electricity today,
117
399000
3000
06:57
except for the emerging renewables and nuclear, puts out CO2.
118
402000
6000
07:03
And so, what we're going to have to do at a global scale,
119
408000
3000
07:06
is create a new system.
120
411000
3000
07:09
And so, we need energy miracles.
121
414000
2000
07:11
Now, when I use the term "miracle," I don't mean something that's impossible.
122
416000
4000
07:15
The microprocessor is a miracle. The personal computer is a miracle.
123
420000
5000
07:20
The Internet and its services are a miracle.
124
425000
3000
07:23
So, the people here have participated in the creation of many miracles.
125
428000
5000
07:28
Usually, we don't have a deadline,
126
433000
2000
07:30
where you have to get the miracle by a certain date.
127
435000
2000
07:32
Usually, you just kind of stand by, and some come along, some don't.
128
437000
4000
07:36
This is a case where we actually have to drive at full speed
129
441000
4000
07:40
and get a miracle in a pretty tight timeline.
130
445000
5000
07:45
Now, I thought, "How could I really capture this?
131
450000
3000
07:48
Is there some kind of natural illustration,
132
453000
2000
07:50
some demonstration that would grab people's imagination here?"
133
455000
5000
07:55
I thought back to a year ago when I brought mosquitos,
134
460000
4000
07:59
and somehow people enjoyed that.
135
464000
2000
08:01
(Laughter)
136
466000
2000
08:03
It really got them involved in the idea of,
137
468000
3000
08:06
you know, there are people who live with mosquitos.
138
471000
3000
08:09
So, with energy, all I could come up with is this.
139
474000
5000
08:14
I decided that releasing fireflies
140
479000
3000
08:17
would be my contribution to the environment here this year.
141
482000
4000
08:21
So here we have some natural fireflies.
142
486000
3000
08:24
I'm told they don't bite; in fact, they might not even leave that jar.
143
489000
3000
08:27
(Laughter)
144
492000
3000
08:30
Now, there's all sorts of gimmicky solutions like that one,
145
495000
5000
08:35
but they don't really add up to much.
146
500000
2000
08:37
We need solutions -- either one or several --
147
502000
4000
08:41
that have unbelievable scale
148
506000
4000
08:45
and unbelievable reliability,
149
510000
2000
08:47
and, although there's many directions people are seeking,
150
512000
3000
08:50
I really only see five that can achieve the big numbers.
151
515000
4000
08:54
I've left out tide, geothermal, fusion, biofuels.
152
519000
5000
08:59
Those may make some contribution,
153
524000
2000
09:01
and if they can do better than I expect, so much the better,
154
526000
2000
09:03
but my key point here
155
528000
2000
09:05
is that we're going to have to work on each of these five,
156
530000
4000
09:09
and we can't give up any of them because they look daunting,
157
534000
4000
09:13
because they all have significant challenges.
158
538000
4000
09:17
Let's look first at the burning fossil fuels,
159
542000
2000
09:19
either burning coal or burning natural gas.
160
544000
4000
09:23
What you need to do there, seems like it might be simple, but it's not,
161
548000
3000
09:26
and that's to take all the CO2, after you've burned it, going out the flue,
162
551000
6000
09:32
pressurize it, create a liquid, put it somewhere,
163
557000
3000
09:35
and hope it stays there.
164
560000
2000
09:37
Now we have some pilot things that do this at the 60 to 80 percent level,
165
562000
4000
09:41
but getting up to that full percentage, that will be very tricky,
166
566000
4000
09:45
and agreeing on where these CO2 quantities should be put will be hard,
167
570000
6000
09:51
but the toughest one here is this long-term issue.
168
576000
3000
09:54
Who's going to be sure?
169
579000
2000
09:56
Who's going to guarantee something that is literally billions of times larger
170
581000
4000
10:00
than any type of waste you think of in terms of nuclear or other things?
171
585000
4000
10:04
This is a lot of volume.
172
589000
3000
10:07
So that's a tough one.
173
592000
2000
10:09
Next would be nuclear.
174
594000
2000
10:11
It also has three big problems:
175
596000
3000
10:14
Cost, particularly in highly regulated countries, is high;
176
599000
4000
10:18
the issue of the safety, really feeling good about nothing could go wrong,
177
603000
4000
10:22
that, even though you have these human operators,
178
607000
3000
10:25
that the fuel doesn't get used for weapons.
179
610000
3000
10:28
And then what do you do with the waste?
180
613000
2000
10:30
And, although it's not very large, there are a lot of concerns about that.
181
615000
3000
10:33
People need to feel good about it.
182
618000
2000
10:35
So three very tough problems that might be solvable,
183
620000
5000
10:40
and so, should be worked on.
184
625000
2000
10:42
The last three of the five, I've grouped together.
185
627000
3000
10:45
These are what people often refer to as the renewable sources.
186
630000
4000
10:49
And they actually -- although it's great they don't require fuel --
187
634000
4000
10:53
they have some disadvantages.
188
638000
2000
10:55
One is that the density of energy gathered in these technologies
189
640000
6000
11:01
is dramatically less than a power plant.
190
646000
2000
11:03
This is energy farming, so you're talking about many square miles,
191
648000
4000
11:07
thousands of time more area than you think of as a normal energy plant.
192
652000
5000
11:12
Also, these are intermittent sources.
193
657000
3000
11:15
The sun doesn't shine all day, it doesn't shine every day,
194
660000
3000
11:18
and, likewise, the wind doesn't blow all the time.
195
663000
3000
11:21
And so, if you depend on these sources,
196
666000
2000
11:23
you have to have some way of getting the energy
197
668000
3000
11:26
during those time periods that it's not available.
198
671000
3000
11:29
So, we've got big cost challenges here,
199
674000
3000
11:32
we have transmission challenges:
200
677000
2000
11:34
for example, say this energy source is outside your country;
201
679000
3000
11:37
you not only need the technology,
202
682000
2000
11:39
but you have to deal with the risk of the energy coming from elsewhere.
203
684000
5000
11:44
And, finally, this storage problem.
204
689000
2000
11:46
And, to dimensionalize this, I went through and looked at
205
691000
3000
11:49
all the types of batteries that get made --
206
694000
3000
11:52
for cars, for computers, for phones, for flashlights, for everything --
207
697000
4000
11:56
and compared that to the amount of electrical energy the world uses,
208
701000
5000
12:01
and what I found is that all the batteries we make now
209
706000
4000
12:05
could store less than 10 minutes of all the energy.
210
710000
4000
12:09
And so, in fact, we need a big breakthrough here,
211
714000
3000
12:12
something that's going to be a factor of 100 better
212
717000
4000
12:16
than the approaches we have now.
213
721000
2000
12:18
It's not impossible, but it's not a very easy thing.
214
723000
4000
12:22
Now, this shows up when you try to get the intermittent source
215
727000
4000
12:26
to be above, say, 20 to 30 percent of what you're using.
216
731000
4000
12:30
If you're counting on it for 100 percent,
217
735000
2000
12:32
you need an incredible miracle battery.
218
737000
5000
12:38
Now, how we're going to go forward on this -- what's the right approach?
219
743000
3000
12:41
Is it a Manhattan Project? What's the thing that can get us there?
220
746000
4000
12:45
Well, we need lots of companies working on this, hundreds.
221
750000
5000
12:50
In each of these five paths, we need at least a hundred people.
222
755000
3000
12:53
And a lot of them, you'll look at and say, "They're crazy." That's good.
223
758000
4000
12:57
And, I think, here in the TED group,
224
762000
3000
13:00
we have many people who are already pursuing this.
225
765000
4000
13:04
Bill Gross has several companies, including one called eSolar
226
769000
4000
13:08
that has some great solar thermal technologies.
227
773000
2000
13:10
Vinod Khosla's investing in dozens of companies
228
775000
4000
13:14
that are doing great things and have interesting possibilities,
229
779000
4000
13:18
and I'm trying to help back that.
230
783000
2000
13:20
Nathan Myhrvold and I actually are backing a company
231
785000
4000
13:24
that, perhaps surprisingly, is actually taking the nuclear approach.
232
789000
4000
13:28
There are some innovations in nuclear: modular, liquid.
233
793000
4000
13:32
And innovation really stopped in this industry quite some ago,
234
797000
4000
13:36
so the idea that there's some good ideas laying around is not all that surprising.
235
801000
5000
13:41
The idea of TerraPower is that, instead of burning a part of uranium --
236
806000
6000
13:47
the one percent, which is the U235 --
237
812000
3000
13:50
we decided, "Let's burn the 99 percent, the U238."
238
815000
5000
13:55
It is kind of a crazy idea.
239
820000
2000
13:57
In fact, people had talked about it for a long time,
240
822000
3000
14:00
but they could never simulate properly whether it would work or not,
241
825000
4000
14:04
and so it's through the advent of modern supercomputers
242
829000
3000
14:07
that now you can simulate and see that, yes,
243
832000
2000
14:09
with the right material's approach, this looks like it would work.
244
834000
6000
14:15
And, because you're burning that 99 percent,
245
840000
3000
14:18
you have greatly improved cost profile.
246
843000
4000
14:22
You actually burn up the waste, and you can actually use as fuel
247
847000
4000
14:26
all the leftover waste from today's reactors.
248
851000
3000
14:29
So, instead of worrying about them, you just take that. It's a great thing.
249
854000
5000
14:34
It breathes this uranium as it goes along, so it's kind of like a candle.
250
859000
4000
14:38
You can see it's a log there, often referred to as a traveling wave reactor.
251
863000
4000
14:42
In terms of fuel, this really solves the problem.
252
867000
4000
14:46
I've got a picture here of a place in Kentucky.
253
871000
3000
14:49
This is the leftover, the 99 percent,
254
874000
2000
14:51
where they've taken out the part they burn now,
255
876000
2000
14:53
so it's called depleted uranium.
256
878000
2000
14:55
That would power the U.S. for hundreds of years.
257
880000
3000
14:58
And, simply by filtering seawater in an inexpensive process,
258
883000
3000
15:01
you'd have enough fuel for the entire lifetime of the rest of the planet.
259
886000
5000
15:06
So, you know, it's got lots of challenges ahead,
260
891000
4000
15:10
but it is an example of the many hundreds and hundreds of ideas
261
895000
5000
15:15
that we need to move forward.
262
900000
3000
15:18
So let's think: How should we measure ourselves?
263
903000
3000
15:21
What should our report card look like?
264
906000
3000
15:24
Well, let's go out to where we really need to get,
265
909000
3000
15:27
and then look at the intermediate.
266
912000
2000
15:29
For 2050, you've heard many people talk about this 80 percent reduction.
267
914000
5000
15:34
That really is very important, that we get there.
268
919000
4000
15:38
And that 20 percent will be used up by things going on in poor countries,
269
923000
4000
15:42
still some agriculture,
270
927000
2000
15:44
hopefully we will have cleaned up forestry, cement.
271
929000
4000
15:48
So, to get to that 80 percent,
272
933000
3000
15:51
the developed countries, including countries like China,
273
936000
4000
15:55
will have had to switch their electricity generation altogether.
274
940000
5000
16:00
So, the other grade is: Are we deploying this zero-emission technology,
275
945000
6000
16:06
have we deployed it in all the developed countries
276
951000
2000
16:08
and we're in the process of getting it elsewhere?
277
953000
3000
16:11
That's super important.
278
956000
2000
16:13
That's a key element of making that report card.
279
958000
4000
16:17
So, backing up from there, what should the 2020 report card look like?
280
962000
5000
16:22
Well, again, it should have the two elements.
281
967000
2000
16:24
We should go through these efficiency measures to start getting reductions:
282
969000
4000
16:28
The less we emit, the less that sum will be of CO2,
283
973000
3000
16:31
and, therefore, the less the temperature.
284
976000
2000
16:33
But in some ways, the grade we get there,
285
978000
3000
16:36
doing things that don't get us all the way to the big reductions,
286
981000
4000
16:40
is only equally, or maybe even slightly less, important than the other,
287
985000
4000
16:44
which is the piece of innovation on these breakthroughs.
288
989000
4000
16:48
These breakthroughs, we need to move those at full speed,
289
993000
3000
16:51
and we can measure that in terms of companies,
290
996000
3000
16:54
pilot projects, regulatory things that have been changed.
291
999000
3000
16:57
There's a lot of great books that have been written about this.
292
1002000
3000
17:00
The Al Gore book, "Our Choice"
293
1005000
3000
17:03
and the David McKay book, "Sustainable Energy Without the Hot Air."
294
1008000
3000
17:06
They really go through it and create a framework
295
1011000
3000
17:09
that this can be discussed broadly,
296
1014000
2000
17:11
because we need broad backing for this.
297
1016000
3000
17:14
There's a lot that has to come together.
298
1019000
2000
17:16
So this is a wish.
299
1021000
2000
17:18
It's a very concrete wish that we invent this technology.
300
1023000
4000
17:22
If you gave me only one wish for the next 50 years --
301
1027000
3000
17:25
I could pick who's president,
302
1030000
2000
17:27
I could pick a vaccine, which is something I love,
303
1032000
3000
17:30
or I could pick that this thing
304
1035000
2000
17:32
that's half the cost with no CO2 gets invented --
305
1037000
4000
17:36
this is the wish I would pick.
306
1041000
2000
17:38
This is the one with the greatest impact.
307
1043000
2000
17:40
If we don't get this wish,
308
1045000
2000
17:42
the division between the people who think short term and long term will be terrible,
309
1047000
4000
17:46
between the U.S. and China, between poor countries and rich,
310
1051000
3000
17:49
and most of all the lives of those two billion will be far worse.
311
1054000
5000
17:54
So, what do we have to do?
312
1059000
2000
17:56
What am I appealing to you to step forward and drive?
313
1061000
5000
18:01
We need to go for more research funding.
314
1066000
3000
18:04
When countries get together in places like Copenhagen,
315
1069000
2000
18:06
they shouldn't just discuss the CO2.
316
1071000
3000
18:09
They should discuss this innovation agenda,
317
1074000
2000
18:11
and you'd be stunned at the ridiculously low levels of spending
318
1076000
5000
18:16
on these innovative approaches.
319
1081000
2000
18:18
We do need the market incentives -- CO2 tax, cap and trade --
320
1083000
4000
18:22
something that gets that price signal out there.
321
1087000
3000
18:25
We need to get the message out.
322
1090000
2000
18:27
We need to have this dialogue be a more rational, more understandable dialogue,
323
1092000
3000
18:30
including the steps that the government takes.
324
1095000
3000
18:33
This is an important wish, but it is one I think we can achieve.
325
1098000
4000
18:37
Thank you.
326
1102000
2000
18:39
(Applause)
327
1104000
11000
18:50
Thank you.
328
1115000
2000
18:52
Chris Anderson: Thank you. Thank you.
329
1117000
2000
18:54
(Applause)
330
1119000
5000
18:59
Thank you. So to understand more about TerraPower, right --
331
1124000
6000
19:05
I mean, first of all, can you give a sense of what scale of investment this is?
332
1130000
5000
19:10
Bil Gates: To actually do the software, buy the supercomputer,
333
1135000
4000
19:14
hire all the great scientists, which we've done,
334
1139000
2000
19:16
that's only tens of millions,
335
1141000
3000
19:19
and even once we test our materials out in a Russian reactor
336
1144000
3000
19:22
to make sure that our materials work properly,
337
1147000
4000
19:26
then you'll only be up in the hundreds of millions.
338
1151000
2000
19:28
The tough thing is building the pilot reactor;
339
1153000
3000
19:31
finding the several billion, finding the regulator, the location
340
1156000
5000
19:36
that will actually build the first one of these.
341
1161000
2000
19:38
Once you get the first one built, if it works as advertised,
342
1163000
4000
19:42
then it's just clear as day, because the economics, the energy density,
343
1167000
4000
19:46
are so different than nuclear as we know it.
344
1171000
2000
19:48
CA: And so, to understand it right, this involves building deep into the ground
345
1173000
4000
19:52
almost like a vertical kind of column of nuclear fuel,
346
1177000
4000
19:56
of this sort of spent uranium,
347
1181000
2000
19:58
and then the process starts at the top and kind of works down?
348
1183000
3000
20:01
BG: That's right. Today, you're always refueling the reactor,
349
1186000
3000
20:04
so you have lots of people and lots of controls that can go wrong:
350
1189000
3000
20:07
that thing where you're opening it up and moving things in and out,
351
1192000
3000
20:10
that's not good.
352
1195000
2000
20:12
So, if you have very cheap fuel that you can put 60 years in --
353
1197000
5000
20:17
just think of it as a log --
354
1202000
2000
20:19
put it down and not have those same complexities.
355
1204000
3000
20:22
And it just sits there and burns for the 60 years, and then it's done.
356
1207000
5000
20:27
CA: It's a nuclear power plant that is its own waste disposal solution.
357
1212000
4000
20:31
BG: Yeah. Well, what happens with the waste,
358
1216000
2000
20:33
you can let it sit there -- there's a lot less waste under this approach --
359
1218000
5000
20:38
then you can actually take that,
360
1223000
2000
20:40
and put it into another one and burn that.
361
1225000
3000
20:43
And we start off actually by taking the waste that exists today,
362
1228000
4000
20:47
that's sitting in these cooling pools or dry casking by reactors --
363
1232000
4000
20:51
that's our fuel to begin with.
364
1236000
2000
20:53
So, the thing that's been a problem from those reactors
365
1238000
3000
20:56
is actually what gets fed into ours,
366
1241000
2000
20:58
and you're reducing the volume of the waste quite dramatically
367
1243000
3000
21:01
as you're going through this process.
368
1246000
2000
21:03
CA: I mean, you're talking to different people around the world
369
1248000
2000
21:05
about the possibilities here.
370
1250000
2000
21:07
Where is there most interest in actually doing something with this?
371
1252000
3000
21:10
BG: Well, we haven't picked a particular place,
372
1255000
3000
21:13
and there's all these interesting disclosure rules about anything that's called "nuclear,"
373
1258000
8000
21:21
so we've got a lot of interest,
374
1266000
2000
21:23
that people from the company have been in Russia, India, China --
375
1268000
4000
21:27
I've been back seeing the secretary of energy here,
376
1272000
2000
21:29
talking about how this fits into the energy agenda.
377
1274000
4000
21:33
So I'm optimistic. You know, the French and Japanese have done some work.
378
1278000
3000
21:36
This is a variant on something that has been done.
379
1281000
4000
21:40
It's an important advance, but it's like a fast reactor,
380
1285000
4000
21:44
and a lot of countries have built them,
381
1289000
2000
21:46
so anybody who's done a fast reactor is a candidate to be where the first one gets built.
382
1291000
5000
21:51
CA: So, in your mind, timescale and likelihood
383
1296000
5000
21:56
of actually taking something like this live?
384
1301000
3000
21:59
BG: Well, we need -- for one of these high-scale, electro-generation things
385
1304000
5000
22:04
that's very cheap,
386
1309000
2000
22:06
we have 20 years to invent and then 20 years to deploy.
387
1311000
4000
22:10
That's sort of the deadline that the environmental models
388
1315000
5000
22:15
have shown us that we have to meet.
389
1320000
2000
22:17
And, you know, TerraPower, if things go well -- which is wishing for a lot --
390
1322000
5000
22:22
could easily meet that.
391
1327000
2000
22:24
And there are, fortunately now, dozens of companies --
392
1329000
3000
22:27
we need it to be hundreds --
393
1332000
2000
22:29
who, likewise, if their science goes well,
394
1334000
2000
22:31
if the funding for their pilot plants goes well,
395
1336000
3000
22:34
that they can compete for this.
396
1339000
2000
22:36
And it's best if multiple succeed,
397
1341000
2000
22:38
because then you could use a mix of these things.
398
1343000
3000
22:41
We certainly need one to succeed.
399
1346000
2000
22:43
CA: In terms of big-scale possible game changes,
400
1348000
3000
22:46
is this the biggest that you're aware of out there?
401
1351000
3000
22:49
BG: An energy breakthrough is the most important thing.
402
1354000
4000
22:53
It would have been, even without the environmental constraint,
403
1358000
2000
22:55
but the environmental constraint just makes it so much greater.
404
1360000
5000
23:00
In the nuclear space, there are other innovators.
405
1365000
3000
23:03
You know, we don't know their work as well as we know this one,
406
1368000
3000
23:06
but the modular people, that's a different approach.
407
1371000
3000
23:09
There's a liquid-type reactor, which seems a little hard,
408
1374000
4000
23:13
but maybe they say that about us.
409
1378000
2000
23:15
And so, there are different ones,
410
1380000
3000
23:18
but the beauty of this is a molecule of uranium
411
1383000
3000
23:21
has a million times as much energy as a molecule of, say, coal,
412
1386000
4000
23:25
and so -- if you can deal with the negatives,
413
1390000
3000
23:28
which are essentially the radiation --
414
1393000
3000
23:31
the footprint and cost, the potential,
415
1396000
3000
23:34
in terms of effect on land and various things,
416
1399000
2000
23:36
is almost in a class of its own.
417
1401000
4000
23:40
CA: If this doesn't work, then what?
418
1405000
4000
23:44
Do we have to start taking emergency measures
419
1409000
4000
23:48
to try and keep the temperature of the earth stable?
420
1413000
3000
23:51
BG: If you get into that situation,
421
1416000
2000
23:53
it's like if you've been over-eating, and you're about to have a heart attack:
422
1418000
5000
23:58
Then where do you go? You may need heart surgery or something.
423
1423000
4000
24:02
There is a line of research on what's called geoengineering,
424
1427000
4000
24:06
which are various techniques that would delay the heating
425
1431000
3000
24:09
to buy us 20 or 30 years to get our act together.
426
1434000
3000
24:12
Now, that's just an insurance policy.
427
1437000
2000
24:14
You hope you don't need to do that.
428
1439000
2000
24:16
Some people say you shouldn't even work on the insurance policy
429
1441000
2000
24:18
because it might make you lazy,
430
1443000
2000
24:20
that you'll keep eating because you know heart surgery will be there to save you.
431
1445000
4000
24:24
I'm not sure that's wise, given the importance of the problem,
432
1449000
3000
24:27
but there's now the geoengineering discussion
433
1452000
4000
24:31
about -- should that be in the back pocket in case things happen faster,
434
1456000
4000
24:35
or this innovation goes a lot slower than we expect?
435
1460000
3000
24:40
CA: Climate skeptics: If you had a sentence or two to say to them,
436
1465000
5000
24:45
how might you persuade them that they're wrong?
437
1470000
4000
24:50
BG: Well, unfortunately, the skeptics come in different camps.
438
1475000
4000
24:54
The ones who make scientific arguments are very few.
439
1479000
4000
24:58
Are they saying that there's negative feedback effects
440
1483000
3000
25:01
that have to do with clouds that offset things?
441
1486000
2000
25:03
There are very, very few things that they can even say
442
1488000
3000
25:06
there's a chance in a million of those things.
443
1491000
3000
25:09
The main problem we have here, it's kind of like AIDS.
444
1494000
3000
25:12
You make the mistake now, and you pay for it a lot later.
445
1497000
4000
25:16
And so, when you have all sorts of urgent problems,
446
1501000
4000
25:20
the idea of taking pain now that has to do with a gain later,
447
1505000
3000
25:23
and a somewhat uncertain pain thing --
448
1508000
3000
25:26
in fact, the IPCC report, that's not necessarily the worst case,
449
1511000
6000
25:32
and there are people in the rich world who look at IPCC
450
1517000
2000
25:34
and say, "OK, that isn't that big of a deal."
451
1519000
4000
25:38
The fact is it's that uncertain part that should move us towards this.
452
1523000
4000
25:42
But my dream here is that, if you can make it economic,
453
1527000
3000
25:45
and meet the CO2 constraints,
454
1530000
2000
25:47
then the skeptics say, "OK,
455
1532000
2000
25:49
I don't care that it doesn't put out CO2,
456
1534000
2000
25:51
I kind of wish it did put out CO2,
457
1536000
2000
25:53
but I guess I'll accept it because it's cheaper than what's come before."
458
1538000
4000
25:57
(Applause)
459
1542000
4000
26:01
CA: And so, that would be your response to the Bjorn Lomborg argument,
460
1546000
4000
26:05
that basically if you spend all this energy trying to solve the CO2 problem,
461
1550000
4000
26:09
it's going to take away all your other goals
462
1554000
2000
26:11
of trying to rid the world of poverty and malaria and so forth,
463
1556000
3000
26:14
it's a stupid waste of the Earth's resources to put money towards that
464
1559000
4000
26:18
when there are better things we can do.
465
1563000
2000
26:20
BG: Well, the actual spending on the R&D piece --
466
1565000
3000
26:23
say the U.S. should spend 10 billion a year more than it is right now --
467
1568000
4000
26:27
it's not that dramatic.
468
1572000
2000
26:29
It shouldn't take away from other things.
469
1574000
2000
26:31
The thing you get into big money on, and this, reasonable people can disagree,
470
1576000
3000
26:34
is when you have something that's non-economic and you're trying to fund that --
471
1579000
3000
26:37
that, to me, mostly is a waste.
472
1582000
3000
26:40
Unless you're very close and you're just funding the learning curve
473
1585000
3000
26:43
and it's going to get very cheap,
474
1588000
2000
26:45
I believe we should try more things that have a potential
475
1590000
4000
26:49
to be far less expensive.
476
1594000
2000
26:51
If the trade-off you get into is, "Let's make energy super expensive,"
477
1596000
5000
26:56
then the rich can afford that.
478
1601000
2000
26:58
I mean, all of us here could pay five times as much for our energy
479
1603000
3000
27:01
and not change our lifestyle.
480
1606000
2000
27:03
The disaster is for that two billion.
481
1608000
2000
27:05
And even Lomborg has changed.
482
1610000
2000
27:07
His shtick now is, "Why isn't the R&D getting more discussed?"
483
1612000
5000
27:12
He's still, because of his earlier stuff,
484
1617000
2000
27:14
still associated with the skeptic camp,
485
1619000
2000
27:16
but he's realized that's a pretty lonely camp,
486
1621000
3000
27:19
and so, he's making the R&D point.
487
1624000
3000
27:22
And so there is a thread of something that I think is appropriate.
488
1627000
5000
27:27
The R&D piece, it's crazy how little it's funded.
489
1632000
3000
27:30
CA: Well Bill, I suspect I speak on the behalf of most people here
490
1635000
3000
27:33
to say I really hope your wish comes true. Thank you so much.
491
1638000
3000
27:36
BG: Thank you.
492
1641000
2000
27:38
(Applause)
493
1643000
3000

▲Back to top

ABOUT THE SPEAKER
Bill Gates - Philanthropist
A passionate techie and a shrewd businessman, Bill Gates changed the world while leading Microsoft to dizzying success. Now he's doing it again with his own style of philanthropy and passion for innovation.

Why you should listen

Bill Gates is the founder and former CEO of Microsoft. A geek icon, tech visionary and business trailblazer, Gates' leadership -- fueled by his long-held dream that millions might realize their potential through great software -- made Microsoft a personal computing powerhouse and a trendsetter in the Internet dawn. Whether you're a suit, chef, quant, artist, media maven, nurse or gamer, you've probably used a Microsoft product today.

In summer of 2008, Gates left his day-to-day role with Microsoft to focus on philanthropy. Holding that all lives have equal value (no matter where they're being lived), the Bill and Melinda Gates Foundation has now donated staggering sums to HIV/AIDS programs, libraries, agriculture research and disaster relief -- and offered vital guidance and creative funding to programs in global health and education. Gates believes his tech-centric strategy for giving will prove the killer app of planet Earth's next big upgrade.

Read a collection of Bill and Melinda Gates' annual letters, where they take stock of the Gates Foundation and the world. And follow his ongoing thinking on his personal website, The Gates Notes. His new paper, "The Next Epidemic," is published by the New England Journal of Medicine.

More profile about the speaker
Bill Gates | Speaker | TED.com

Data provided by TED.

This site was created in May 2015 and the last update was on January 12, 2020. It will no longer be updated.

We are currently creating a new site called "eng.lish.video" and would be grateful if you could access it.

If you have any questions or suggestions, please feel free to write comments in your language on the contact form.

Privacy Policy

Developer's Blog

Buy Me A Coffee