Breakthrough Energy Ventures revealed that it has raised more than $1 billion to fight climate change and to address emissions from electricity, transportation, agriculture, manufacturing and buildings. It’s a 20-year fund the will take the long view and that has a lofty goal of reducing greenhouse gas emissions by a half-gigaton a year.
Microsoft founder Bill Gates and global energy giant Total are investing $14 million to help commercialize a technology that may produce cheaper bioplastics and biofuels. Renmatix’s Platrose technology converts waste biomass to cellulosic sugars, which then can be used as feedstock for chemicals and fuels. This process uses supercritical water … Read more »
The carbon divestment trend seemed to be slowing with Microsoft founder Bill Gates labeling divestment “a false solution” and universities with major endowments including Harvard and MIT resisting pressure from activists and deciding not to divest. But then last week at COP21, 350.org and Divest-Invest, two organizations coordinating the fossil … Read more »
As the COP21 climate talks continue in Paris global leaders and organizations are stepping up calls for carbon pricing. The leaders of France, Germany, Canada, Chile, Mexico and Ethiopia, as well as heads of the World Bank, International Monetary Fund and Organization of Economic Cooperation and Development say either taxing … Read more »
Microsoft founder Bill Gates has called for a “substantial carbon tax,” and labeled fossil fuel divestment “a false solution,” in an interview with the Atlantic magazine. In the interview he says governments could combat climate change by increasing spending on research and development, and adds private investors should also spend … Read more »
The traveling wave reactor concept championed by TerraPower, in which Bill Gates, of Microsoft fame, is a key investor, is “likely to be a commercial failure,” according to a report by the nonprofit advocacy group the Institute for Energy and Environmental Research. The traveling wave reactor (TWR), first conceived in 1958, … Read more »