Bill Gates: There are amazing climate technologies — getting them out is the challenge
As a proponent of the power of technology to tackle climate change, Bill Gates has put his considerable resources and energy behind investments that could reduce the greenhouse gas emissions from producing everything from energy, transport and aviation to cement, steel and food. Breakthrough Energy, set up by the billionaire philanthropist and Microsoft co-founder in 2015, takes stakes in start-ups with nascent technologies that need funds to develop at scale. To be considered, a start-up must prove it can reduce emissions by at least 0.5bn tonnes, in a world that produced almost 37bn tonnes of energy related emissions last year. Gates spoke to the FT’s climate correspondent Attracta Mooney about the latest $1bn fundraising target for the Breakthrough Energy Ventures investment arm, and the need for governments to deliver more research and development, carbon taxes, and tax credits, to help limit global warming. Attracta Mooney: Breakthrough Energy [Ventures] has had funds for a couple
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