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Bill Gates launches clean energy fund at Paris climate conference

NOV 30, 2015
Physics Today

Wall Street Journal : Today at the opening day of the 2015 Paris climate change conference , US technology magnate Bill Gates announced a multibillion-dollar initiative to fund cooperative R&D in clean energy among both developed and developing countries. The goal is to get all nations to cut their greenhouse gas emissions by decreasing their use of oil, coal, and gas and shifting to renewable energy sources, such as wind and solar. India, which is the third-largest fossil-fuel polluter in the world, has been pushing for developed countries to help pay for such a transition. Besides spending $1 billion of his own money, Gates says billions more will come from other individuals and organizations. According to ClimateWire, the fund is being called “the single biggest cooperative research and development partnership in history.”

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