The Atlantic talked of how disinvestment in fossil fuels by the big-name companies is not going to do much for the climate problem. He said the money needs to be put into R&D. The next year, the Bill Gates Foundation surprised everyone when a SEC filing revealed that they had sold more than $800 million worth of Exxon stock and $187 million holdings in BP. According to Guardian, the value of the Foundation’s energy holdings likely declined, and it was for financial purposes. In his new book, “ How to Avoid a Climate Disaster,” he writes that his very wealth makes him a kind of a misnomer for climate change. “I can’t deny being a rich guy with an opinion,” writes Gates, who is worth more than $137 billion and uses a private jet to travel all over the world in pursuance of his philanthropic work.“It’s true that my carbon footprint is absurdly high,” Gates writes in his new book.