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    Bill Gates Bets on the Future of Internal Combustion

    Wed, 07/21/2010 - 09:25 EDT - Seeking Alpha
    • MSFT
    • Ravi Nagarajan

    Ravi Nagarajan submits:In recent years, electric cars have captured the imagination of environmentalists and others who are interested in the future of automobiles. It has become a common belief that the days of the internal combustion engine are numbered. After all, internal combustion engines installed in motor vehicles account for a significant amount of carbon dioxide emissions. As consumers in the developing world gain purchasing power, the number of motor vehicles worldwide will increase dramatically. Electric cars may represent the future in the rich world, but the practical limitations in terms of cost and infrastructure make such vehicles unlikely to penetrate into poorer parts of the world over the next decade. If internal combustion engines can be dramatically improved, carbon emissions can be controlled in the developing world.Complete Story »

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