Bill Gates coalition focuses on investments in clean energy technology




Bill Gates has launched an initiative called the Breakthrough Energy Coalition. His aim was to help speed the world through major investments in CO2 neutral energy sources. He is assisted by, among others, Mark Zuckerberg and Jeff Bezos.

On the website, the coalition of states Gates, “we can not wait until normal cycles produce new sources of energy The current subsidy levels for clean energy are simply not enough to meet the challenges we face.”. The coalition wants to heavy investment to bridge the gap between a promising concept in a laboratory and a viable product in the marketplace. At this time, says the Breakthrough Energy Coalition not specific investment amounts. Or call the organization solar chemical processes, light from the sun drives chemical reactions, and flow batteries as promising techniques.

The coalition describes his investments as “patient risk capital”. The motivation was not only that the investment must pay again, but also that there is a need to move completely clean energy. The coalition focuses its attention on companies so that potentially contribute to a future in which energy is generated with minimal emission of carbon dioxide. The collaborating organizations invest in the areas of electricity, transportation, industry, agriculture and general energy efficiency.

The coalition will work with the governments who have supported the Mission Innovation initiative, which they promise to do more for the development of clean technology. Do it twenty countries participated, including the US, Germany, France and the United Kingdom. Netherlands and Belgium are not on the list.

Besides the top executives from Amazon, Microsoft and Facebook are also Meg Whitman HP and Reid Hoffman of LinkedIn the party, as can be seen on the website of the coalition. In addition, the partners are senior figures from India, Britain, Nigeria, China, South Africa, France, Germany and Japan. The names representing the automotive, real estate companies, environmental organizations, investment funds, banks, telecoms, mining, e-commerce and industries. Also, a prince from Saudi Arabia to the party.

According to sources of E & E Publishing would amount to the largest association of all time in the context of research and development. Gates announced in August on his own all that he spread over the next five years in total invested a billion dollars of his own money in the development of clean energy. The formation of the coalition falls simultaneously with the start of the COP21 climate conference in Paris. Here come the leaders of 147 countries meet to negotiate measures to reduce global emissions of carbon dioxide. “This is the future of the world,” said French President Hollande at the opening of the summit.


In: A Technology & Gadgets Asked By: [19980 Red Star Level]

Answer this Question

You must be Logged In to post an Answer.

Not a member yet? Sign Up Now »

Star Points Scale

Earn points for Asking and Answering Questions!

Grey Sta Levelr [1 - 25 Grey Star Level]
Green Star Level [26 - 50 Green Star Level]
Blue Star Level [51 - 500 Blue Star Level]
Orange Star Level [501 - 5000 Orange Star Level]
Red Star Level [5001 - 25000 Red Star Level]
Black Star Level [25001+ Black Star Level]