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Bill Gates Announces A New $1 Billion Clean Energy Fund (fortune.com)
And "he's got several billionaire pals on board." An anonymous reader quotes Fortune:
Nearly two dozen of the world's most successful business leaders, entrepreneurs, and venture capitalists will invest up to $1 billion in a fund led by Microsoft-co-founder Bill Gates that aims to reduce greenhouse gas emissions to almost zero by financing emerging clean energy technology. The Breakthrough Energy Ventures Fund includes John Doerr, chairman of venture firm Kleiner Perkins Caufield & Byers, Alibaba founder Jack Ma, Khosla Ventures founder Vinod Khosla, former energy hedge fund manager John Arnold, Amazon founder and CEO Jeff Bezos, and SAP co-founder Hasso Plattner...
The new fund, which will have a 20-year lifespan, is designed to be both broad and scientific -- two seemingly contradictory focuses -- in its investment approach. The fund will not be confined to a specific segment of the investment pipeline, which means it will put money into startups at the earliest of stages all the way to companies that have reached commercialization.
Gates said Sunday that "Our goal is to build companies that will help deliver the next generation of reliable, affordable, and emissions-free energy to the world."
The new fund, which will have a 20-year lifespan, is designed to be both broad and scientific -- two seemingly contradictory focuses -- in its investment approach. The fund will not be confined to a specific segment of the investment pipeline, which means it will put money into startups at the earliest of stages all the way to companies that have reached commercialization.
Gates said Sunday that "Our goal is to build companies that will help deliver the next generation of reliable, affordable, and emissions-free energy to the world."
Er?
Surely the salient differences are
- Gates isn't in government
- he didn't run for election on the basis of 'draining the swamp' of corruption
- he didn't run for election on the basis of representing individuals against globalists
Do you even know for sure that Gates is a liberal?
Er?
Surely the salient differences are
- Gates isn't in government - he didn't run for election on the basis of 'draining the swamp' of corruption - he didn't run for election on the basis of representing individuals against globalists
Do you even know for sure that Gates is a liberal?
I don't care if Gates is liberal or conservative, he seems to be sane and rational on a bunch of stuff ranging from Pandemics like Malaria to clean energy and climate change so I applaud his efforts.
Oh Trump drained a swamp allright. Then he took all the aligators that used to live in that swamp and put them in his cabinet.
Unicode killed the ASCII-art *
And you base this on what exactly ? Blind faith ?
Considering that for every power plant you could build with fossil fuels a renewable plant will cost less and be done in 2 years rather than 15, and deliver cheaper electricity - that seems unlikely. And those numbers are *right now* - we can expect the price of renewables to drop and keep dropping, there is almost no chance of fossil fuel generators getting cheaper.
Sheer political malfeasance could achieve that outcome - but nothing else could.
Only an insane person (or a politician who took a very big bribe) would replace an aging fossil plant with a new fossil plant today. It makes no economic sense.
Unicode killed the ASCII-art *
Then it hits you: Electricity was never $0.07/kWh, it's just that someone else was paying part of your bill!
const int one = 65536; (Silvermoon, Texture.cs)
SJW, n: "Someone I don't like, and by the way I'm a fuckwit" - AC