In recent years we’ve seen several tech billionaires back environmentally friendly innovations in a bid to tackle climate change, but will these famous innovators really be the ones to bring about change?
Bill Gates, Elon Musk, Jeff Bezos, and other leading entrepreneurs often make the headlines for their ground-breaking technologies, unexpected ventures, and charitable donations, frequently making investments as large as some countries’ GDPs. More recently, it seems these billionaires are eager to lead the fight against climate change and provide the technology and research necessary to make a difference.
This September, Gates announced that he had secured over $1 billion dollars in funding from seven U.S. firms to combat climate change. The funding from Microsoft, BlackRock, General Motors, American Airlines, Boston Consulting Group, Bank of America, and ArcelorMittal will be managed by his organization Breakthrough Energy, which he established in 2016.
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