“My investment group chose to do this. It is not connected to climate,” he wrote.
“The agriculture sector is important. With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. It is unclear how cheap biofuels can be but if they are cheap it can solve the aviation and truck emissions.”
This is part of a broader 269,000-acre land portfolio belonging to the couple and associated entities across 19 US states, with the largest holdings in Louisiana (69,071 acres), Arkansas (47,927 acres), and Arizona (25,750 acres).
A spokesperson for Cascade Investment — a firm chaired and controlled by Bill Gates, and possibly what he was referring to as “my investment group” on Reddit — declined to comment on specific land holdings at the time. However, they told The Land Report that Cascade is “very supportive of sustainable farming.”