Bill Gates wants in on Congress’ big climate infrastructure push

Bill Gates, billionaire and co-chair of the Bill and Melinda Gates Foundation, speaks during the One Planet Summit in New York, U.S., on Wednesday, Sept. 26, 2018. | Mark Kauzlarich/Bloomberg via Getty Images

The bipartisan infrastructure deal could unlock a new stream of private funding for climate techand Bill Gates wants in on the action. Gates’ climate investment fund says that if the infrastructure bill moves forward, it will match $1.5 billion in government funds and put that money toward projects that are developing green technologies.

Breakthrough Energy, Gates’ climate fund, laid out four different uses for the money: developing green hydrogen fuels, sustainable aviation fuels, energy storage, and technologies that take carbon dioxide out of the air. It said on Twitter that the money could “fast-track” commercial demonstration projects across the US.

“Scale them up to a pretty gigantic level”

“Critical for all these climate…

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.