Bill Gates To Invest $2 Billion For Clean Energy

Posted: Nov 28 2015, 6:17am CST | by , in News | Latest Science News

Bill Gates to Invest $2 Billion for Clean Energy
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  • Microsoft Head to make an Input of $2 Billion in Renewable Resource Pact between US and India

The Microsoft head, Bill Gates, is to make an input of $2 billion in a renewable resource pact between the US and India.

Bill Gates has the will to accomplish modern day miracles. He just announced the biggest clean energy partnership in history. It will be between the United States and India and will get an economic booster shot of $2 billion from Bill himself.

"Technology giant Bill Gates will unveil the world's largest clean energy research and development partnership on Monday, joining in Paris with other billionaires and world leaders," several sources told ClimateWire (via The Verge).

The whole effort is being made to reduce humanity’s carbon footprint on earth. Research and development will get a fresh surge from the monetary fund that Gates is setting up in support of the endeavor.

The timing is just right since the Paris Summit is about to take place. Gates’ initiative involves several philanthropists from India and the US. Normally the foundation inaugurated by Gates engenders anti-poverty plans and actions.

This is the first time that an energy conservation and environmentally friendly scheme has been hatched. The goal is zero carbon technologies for the future. This is indeed a laudable aim, one worthy of being emulated by others. The next generation has been set as the time span by the end of which this goal is to be reached.

Currently barely enough money is being spent on the environment. It ought to be the #1 issue on the agenda but this is hardly the case. Two to three times the amount currently being spent on the environment ought to be set aside for the sheer purpose of stopping global warming in its tracks.

All the details are not yet known of the deal. Gates has specified that Terrapower be employed in the works. This involves the use of small-scale sodium-cooled nuclear reactors. They will process depleted uranium for fuel.

Solar energy also figures in the equation. And the deployment of windmills at heights will see to it that wind energy is also utilized in the strategy to provide clean energy. Gates explained his ambitions which simply knew no bounds.

He was hopeful regarding the future despite the prognostications by the doomsayers. The ideas are endless, he said, and his plan was to fund each and every idea that led to clean fuel for the future. And if he had to spend more than necessary he was willing to take the risk. But something solid had to be achieved and not pipe dreams. So Bill Gates will be putting his money where his mouth is.

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<a href="/latest_stories/all/all/20" rel="author">Sumayah Aamir</a>
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