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Web Date: November 30, 2015

Gates Leads Clean Energy Investment Pact

Climate Change: Billionaires pledge large investments to leverage government research spending
Department: Business
News Channels: Environmental SCENE
Keywords: Climate change, renewable energy, start-ups, venture capital

As climate talks got underway in Paris this week, Microsoft founder and philanthropist Bill Gates announced the formation of a coalition of private billionaire investors to support the transfer of clean, zero-carbon energy technologies from the lab to the marketplace.

The Breakthrough Energy Coalition will back private, early-stage companies, although the innovations will come out of basic and applied research—much of it initially funded by governments. Indeed, the group will target . . .

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