Bill Gates’ climate fund looks to funnel billions into carbon removal, green hydrogen, and more

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The technologies will need big investments to get off the ground.

Now, Breakthrough Energy Catalyst says it’s poised to follow through on its funding pledge. The amount it ultimately gives, however, will depend on how promising the projects are. It plans to dole out funds for the first group of technologies over the next five years or so.

The projects that Catalyst ultimately selects in Europe might also be eligible for additional funds from the European Commission and European Investment Bank. Altogether, Breakthrough Energy hopes that the public-private partnership can mobilize $1 billion USD for European projects between 2022 and 2027. The fund also has plans to release an RFP for the UK this year, followed by funding opportunities for other parts of the world.

“Critical for all these climate technologies is to get the costs down and to be able to scale them up to a pretty gigantic level,” Gates toldTechnology that removes CO2 from the air, called direct air capture, is a potent example of how much investment is needed. Today, this technology is in a very early stage and is

 

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Bill and Melinda are truly iconic figures of what philanthropy should be

xrp334 Не человек

People are carbon

Although I don’t really like Bill Gates, this may be the step in the right direction to fixing our global problem. Hopefully this goes through.

That's why vaccine is mandated,as he has invested billions in Vaccine business..He is a businessman..

Just d.1.3 already.

Oh oh, somebody scammed Bill Gates. Carbon removal is the climate equivalent of the cigarette filter, helps a little, but no actual solution. Invest on avoiding emitting CO2 in the first place!

Why not geothermal energy?

Bill… Angel-faced devil…

nah, he’s just hiding money now in case Epstein prosecutors go after him…

If he handles carbon like he handled the vaccines, we dead 💀

KirkRooster That’s not a lot since Microsoft is worth over a trillion

Millions of hungry but he wants fund climate change 😒

Dude is looking old now sad for him

Yeah it was green… the airport was perfect location not only was it a central point but it was deepest and highest point… just had to navigate through the traffic… it’s on auto pilot now and light and clean… heard the alarm the other it was minor

Why did BillGates short $tsla ?

Bill gates literally has so much money he decides to help the planet with it and not use it to send people into space

All tech to help reduce the symptoms, while the root cause remains unchanged. Truly neoliberal bullshit, as usual from Bill. We should not be trusting billionaires to handle something that caused them to get rich in the first place. 1/2

Подлец

This guy should invest heavily in molten salt power plants... this is the only Green energy that can last for 40-50 years without a major upgrade.

I love PR for the fossil fuel industry 💖

GrendelCrypto thanks

I appreciate rich people helping the world

he’s going to 5g the radio the lgbtq corona vaccine microchip blm nft metaverse us

why its took so long?

Thanks Bill

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