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Bill Gates says new $1 billion fund is aimed at making clean energy cheaper than dirty energy

Bill Gates says new $1 billion fund is aimed at making clean energy cheaper than dirty energy

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Bill Gates

Billionaire Microsoft co-founder and philanthropist Bill Gates told CNBC on Tuesday that innovation is key to making clean energy more attractive to countries on a cost basis.

Gates announced on Monday the start of Breakthrough Energy Ventures, a $1 billion clean energy fund, which he plans to chair. Other backers include Alibaba‘s Jack Ma Amazon‘s Jeff Bezos. The fund aims to invest in next generation energy technologies.

cnbc.com

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