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Bill Gates pledges $1.5 billion for climate change projects if Congress passes infrastructure bill

Microsoft co-founder Bill Gates said his climate investment fund would pledge $1.5 billion for joint projects with the federal government to combat climate change if Congress passes a bipartisan infrastructure plan that funds clean energy technologies.

Gates’ fund, run by his firm Breakthrough Energy, would spend the money over three years on initiatives to lower emissions. The projects would focus on zero emissions plane fuel, long-duration energy storage, green hydrogen and direct air capture.

These investments will unlock new technologies to position the U.S. as a global leader of the clean energy economy — creating good-paying jobs for all kinds of workers in all pockets of the country

Tags

climate change, renewable energy, united states

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