Gates' company, Breakthrough Energy, announced that it has raised $1 billion in donations from seven companies, including General Motors and ArcellorMittal, to fund "clean energy" development.
THERE ARE GIANT COMPANIES BEHIND IT
Participants in the initiative, called "Catalyst," include companies such as American Airlines, Bank of America, BlackRock, Boston Consulting Group, and Microsoft.
IT WILL BE Spent on CLIMATE CHANGE
The aim of the campaign is to support clean energies to be used in the fight against climate change by bringing together the public and private sectors and financing commercialization steps.
The project, which will focus on 4 main elements such as direct carbon capture, green hydrogen, long-term energy storage and sustainable fuels, has already managed to become quite popular.
The founder of the company, Bill Gates, said in a statement on the subject, “A new industrial revolution is essential to combat climate change. Even half of the technology needed to achieve zero emissions is currently not available. We expect the 'Catalyst' project to change that, and we hope it provides an effective pathway to a clean future." used the phrases.
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