Tuesday December 13, 2016

Bill Gates, Investors Launch $1B Clean Tech Fund

Bill Gates, Mark Zuckerberg, Jeff Bezios and others are investing in a $1 billion in a fund to spur clean energy technology. So far the group is cash heavy but fairly light on details. I guess we'll all know soon enough what the game plan is.

Microsoft co-founder Bill Gates and a group of high-profile executives are investing $1 billion in a fund to spur clean energy technology and address global climate change a year after the Paris climate agreement. Gates launched the Breakthrough Energy Ventures fund on Monday along with billionaire entrepreneurs such as Facebook Inc head Mark Zuckerberg, Alibaba Group Holding Ltd Chairman Jack Ma and Amazon.com chief Jeff Bezos.