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  • The Microsoft boss’s company Cascade Investment entered the bidding war for British private jet servicing company Signature Aviation Friday
  • Cascade teamed up with Blackstone Group to make a $4.3 billion bid
  • Cascade and Blackstone now go head-to-head with private equity firm Carlyle
  • Gates’ Cascade already owns a 19 percent stake in Signature¬†
  • News of Gates’ pursuit of the private jet firm raised eyebrows given its actions are at direct odds with his very vocal stance on climate change
  • In February, Gates will release his book ‘How to Avoid a Climate Disaster: The Solutions We Have and the Breakthroughs We Need’¬†
  • In it he sets out his plans for how the world can reach zero greenhouse gas emissions in time to prevent a climate crisis
  • This comes months after he published a blog post lecturing the public that climate change ‘could be worse’ than the coronavirus pandemic
  • Signature Aviation handles 1.6 million private jet flights every year
  • A private jet flight emits up to 40 times as much carbon per passenger as regular commercial flights, according to research¬†