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Philanthro - Capitalism

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Janaki Jambunathan

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Energy has to be reliable, and when the sun isn’t shining and the wind isn’t blowing, you still need energy. So the whole system designed in terms of storage and transmission gets quite complex. Wind and solar can be a part of your mix, but you can’t do much with them without a storage miracle.”
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I do want to ask about a term your critics use, which is philanthro-capitalism…where they say that whether it is climate change or health, your foundation funding is tied to technologies or companies that you have an interest in…how do you respond to that?
The notion that we do what we do out of self interest is….you know somebody should and see if that’s legitimate. We don’t benefit in any way from this. If you think the way to make money is to come to India and help people get healthcare (laughs) that is one strange way to make money. I find it amusing someone can say that. The healthcare system in India is under-funded , and we give money away to it, not make money. We give hundreds and hundreds of millions of dollars to help children get nutrition. We don’t get some benefit back from that.

​https://www.google.co.in/url?sa=t&r...9qhV7TYzwhW54XJoA&sig2=hCUsNclhr6PAM3YNcJKb6g
 
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