To Innovation - Breaking Politics, Economics, Crypto & IT News

learn more
Reporting from Watford, UK and LA, US since 1996
learn more

Traces of water found on Mars

At least in the distant past the Red planet had a liquid bodies of water

The wealthy will invest in ‘clean’ energy

The fund for the clean energy researches development will be created by some of the richest people in the world.

12.Dec.16 1:39 AM
By Anna Tuzova


The wealthy will invest in ‘clean’ energy
Some of wealthiest people in the world, such as the Microsoft ‘father’ Bill Gates, have  announced they had set up investing fund, amounting to 1 billion dollars.

The money should be directed to the development of clean energy production projects, according to Bloomberg.

The new fund will be named Dubbed Breakthrough Energy Ventures. Jeff Bezos, the Amazon owner, was appointed as its head. Among the founders are Richard Branson, the Virgin Group owner, Jack Ma, the board member of the Alibaba and the Prince of Saudi Arabia Alwaleed bin Talal.

According to Bill Gates, he was proud to work for the development of fundamental clean energy production research. In his opinion, the main funds’ objective is to establish a companies, which would give the affordable and ecological energy to the society.

The official goal of the establishment of the investment fund will be the long-term support of projects, that involve the introduction of technologies, which help to significantly reduce the carbon emission.

Back to the list

Related Information: