Top tech billionaires Bill Gates, Mark Zuckerberg, Richard Branson, Jeff Bezos and some others announced that they are associating to fight with climate change with a new partnership called the Breakthrough Energy Coalition. Their timing could not be better. The timing of the announcement coincided with the global climate conference. The group’s members have committed to use a notable portion of their hundreds of billions of dollars to invest in early stage clean energy companies.
Zuckerberg wrote a Facebook post announcing the partnership. In the post, Zuckerberg noticed that clean energy can solve many of the world’s problems. ‘Solving the clean energy problem is an essential part of building a better world,’ he wrote. ‘We won’t be able to make meaningful progress on other challenges—like educating or connecting the world—without secure energy and a stable climate.’
There is no word yet on how much the members of the coalition plan to invest. However, they say they will fund startups in a range of industries, from agriculture to transportation and electricity storage.
Billionaires are rich enough to share a bit with the world. Thumbs up to them if they really put the plan into practice.
For God’s sake – so many times this subject was on the mouth of everyone, so many meeting, so many plans.. And yet still nothing has changed..