Bill Gates, Mark Zuckerberg, Jeff Bezos, Richard Branson and Jack Ma have all invested in a new clean energy fund called the Breakthrough Energy Coalition.
The goal is to get companies to invest in clean energy and bring clean and cheap energy to all parts of the world.
Technology will help solve our energy issues. The urgency of climate change and the energy needs in the poorest parts of the world require an aggressive global program for zero-emission energy innovation. The new model will be a public-private partnership between governments, research institutions, and investors. Scientists, engineers, and entrepreneurs can invent and scale the innovative technologies that will limit the impact of climate change while providing affordable and reliable energy to everyone. The existing system of basic research, clean energy investment, regulatory frameworks, and subsidies fails to sufficiently mobilize investment in truly transformative energy solutions for the future. We can’t wait for the system to change through normal cycles.
You can find out more details about the new Breakthrough Energy Coalition at the link below.