Bill Gates, U.K. Prime Minister Launch $550 Million Investment In Green Technology

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Bill Gates and the U.K. Prime Minister launched a $550 million investment in green technology

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Billionaire Bill Gates and U.K. Prime Minister Boris Johnson announced a $552 million partnership Tuesday aimed at bringing green technologies in the U.K. to market. Breakthrough Energy Catalyst, an arm of Gates’ climate investment firm, will invest $276 million over the next ten years in green hydrogen, long-term energy storage, sustainable aviation fuels and direct air capture of carbon dioxide technologies. The investment matches a pledge already made by the U.K. government with the goal of commercializing these technologies and bringing the U.K. to net-zero emissions by 2050.

“Our partnership with the United Kingdom will accelerate the deployment of critical climate solutions, helping to make them more affordable and accessible,” Gates said in a statement."In order to achieve net-zero emissions, we need to reduce the costs of clean technologies so they can compete with and replace the high-emitting products we use today.”

The announcement was made at the Global Investment Summit in London, which aims to promote the U.K. as a destination for big investors.regarding which specific companies or projects the funds will go toward or how the recipients of the funding will be determined.

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Ianbins How much of that does Bill get?

Very Good..................

Bill Gates is a visionary and he should neither be target of internet hate culture nor declared public enemy by worldwide operating hacker groups.

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Britain strikes green investment partnership with Bill GatesBill Gates is working with the British government to invest and bring down the cost of new greener technologies to help countries hit net-zero emission targets by 2050. Is “Bill Gates” a nation state that I haven’t heard of? That's probably going to be a bad deal for the UK. Bill Gates doesn't do anything that doesn't personally benefit Bill Gates. go green energy
Source: Reuters - 🏆 2. / 97 Read more »