Breakthrough Energy
@Breakthrough
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Advancing clean, reliable, affordable energy solutions that will lead us to a net-zero emissions future.
Joined November 2016
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Climate change is the most complex challenge humanity has ever faced. We’ve made incredible advancements through innovation, collaboration, investment, & policy – but we’re still in the early stages. Learn about our progress in the State of the Transition:
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"It has never been more pressing to find clean energy innovations that can change the world." —
@richardbranson
Breakthrough Energy Coalition members
@richardbranson
and
@BillGates
caught up about climate change—here's some of what they talked about:
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At today’s
#OnePlanetSummit
, we are announcing the expansion of the Breakthrough Energy Coalition. Find out more →
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The earth is a constant source of heat. With geothermal energy, we can convert that heat to electricity.
Thanks to new advances in exploration and drilling techniques, there are exciting developments for geothermal's future.
More from
@EnergyDigital
:
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In case you missed it, we’re growing our Breakthrough Energy Coalition to include the following new members →
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1 billion people on our planet have no access to electric power. Another 2 billion only have limited access.
One solution: Micro- and mini-grids capable of powering rural communities in the developing world.
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This week, public- and private-sector leaders from around the world are convening for
@COP26
. Joining them will be BE’s founder
@BillGates
along with other leaders from Breakthrough Energy Ventures and Breakthrough Energy Catalyst. A look ahead at what you can expect from BE 🧵
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Recent research from
@PatrickTBrown31
and
@KenCaldeira
suggests that the most accurate climate change models predict the most alarming consequences. (Even more reason why we need to speed up the cycle of energy innovation.)
Read more in
@nature
:
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1K
.
@katiefehren
of
@greentechmedia
details the initial focus areas and the team behind Breakthrough Energy Ventures. Read more:
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Our expanded Breakthrough Energy Coalition includes prominent companies, funds, institutional investors, and banks that are committed to accelerating the commercialization of new energy technologies. Learn more:
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Breakthrough Energy Ventures will build the new, cutting-edge companies that will bring more clean energy innovations to market faster. Learn more about the five focus areas guiding our investment strategy:
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What are some of the most important trends shaping our world over the next 50 years? We’ve identified five key trends that inform the Breakthrough Energy Ventures portfolio:
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The Breakthrough Energy Coalition represents every link on the chain of energy innovation—from discovery through development to deployment.
Find out more about our unique group:
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The Inflation Reduction Act of 2022 is a historic step that will move the U.S. closer to its climate and energy security goals. Congress must take swift action and turn this into law. Read our analysis on its significance for the clean energy transition:
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Welcome to
#BESummit24
! The need to decarbonize our world has never been more pressing, but with extraordinary advancements in climate innovation, we are on the cusp of transformative change.
Tomorrow’s opening plenary promises to be an inspiring start.
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At
#MSC2023
, BE joined
@Siemens_Energy
,
@vonderleyen
,
@wernerhoyer
,
@fbirol
& others to launch the Energy Resilience Leadership Group, supporting clean technologies that can decrease dependence on natural gas. Startups and industry need to work together to accelerate deployment.
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This new lithium-iron-oxide battery—created by a team from
@NorthwesternU
—could keep our cars and smartphones powered eight times longer than regular batteries.
@Futurism
writer
@KyreeLeary
explains:
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Wind and solar energy won't reach their full potential until we can dispatch them on demand.
One of the most promising ways to do this: improving energy storage.
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Today, we’re excited to announce a new partnership between the UK Government and BE Catalyst. Our collaboration with
@UKinvestoffice
will invest £400m in the next generation of groundbreaking climate-smart technologies that will get us to zero emissions.
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BE Catalyst is financing the foundation of a clean economy through four critical technologies. In these areas, Catalyst aims to lower green premiums and accelerate the path to global markets. Learn more:
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At Breakthrough Energy, we don’t just think about how to get to zero. We help make it happen. Working at the intersection of policy, technology, and markets, we’re committed to scaling the innovations we need to reach net-zero emissions by 2050.
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Electric vehicles hold a lot of promise, but it's incredibly difficult to electrify air travel and long-haul shipping across oceans. That’s why we're looking at approaches to creating zero-carbon liquid fuel.
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Our partnerships will:
☑ Help governments review how energy innovations are developed in their countries
☑ Make policies and regulations to attract capital for innovations
☑ Match promising research with investors who want to bring innovations to market
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Direct Air Capture (DAC) technologies are essential to reach net-zero emissions, but there is currently only one commercial DAC facility in the world. Fortunately,
@ENERGY
’s historic DAC hubs program will establish more regional DAC hubs across the U.S.
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The first day of our
#BESummit2022
addressed the state of the energy transition – where we’ve been and the Five Grand Challenges we must focus on to reach net-zero emissions.
See the thread below for a recap of our day:
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Up to 75% of the buildings we'll need in 2050 don't exist yet—but building materials such as concrete and steel produce huge amounts of greenhouse gases.
That's why we need to develop new, carbon-neutral building materials.
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Micro-grids are a promising way to expand access to energy across the planet—but how exactly do they work? Here’s a great (and simple) explainer from a few years ago:
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We need to develop new, carbon-neutral building materials for our homes and offices. One promising material, surprisingly, is wood.
More from
@dw_environment
:
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We’ve accelerated clean tech innovation rapidly, but we need to reduce our yearly GHG emissions from 51B tons to zero. Globally, we haven’t decreased them by a single ton yet.
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Today in Brussels,
@BillGates
is signing an agreement with the
@EU_Commission
to establish Breakthrough Energy Europe—a new pilot fund that will invest €100 million in European innovators working to find new clean energy solutions to power the world.
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Today, we’re announcing Breakthrough Energy Ventures: a $1B investor-led fund for emerging energy technologies.
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Established today with
@EU_Commission
&
@EIB
, Breakthrough Energy Ventures – Europe is a first-of-its-kind, €100M fund. BEV-E shows how the public and private sectors can partner to support early-stage energy innovation, scale tech and build companies.
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We're thrilled to welcome
@AmyAHarder
to our team. Great climate journalism will be central to our ability to understand and meet the challenges climate change poses to us all, and we can think of no one better to help tell that story than Amy. Much more to come.
I’m thrilled to share news of the next chapter in my career. I’m joining
@Breakthrough
Energy, a group founded by Bill Gates. I will lead a new journalism initiative telling stories about the opportunities & challenges of the energy transition. Read more:
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Congratulations to the winners of the
#BreakthroughCanada
initiative! The 22 finalists all shared innovative, clean energy solutions with Breakthrough Energy Canada &
@NRCan
. We’re proud to partner in bringing clean tech to market.
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Clean hydrogen – the “Swiss Army knife” of decarbonization – could eliminate emissions across sectors. We need to scale and deploy various production technologies, like electrolysis and carbon capture, in order for hydrogen to reach its potential. More:
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Welcome to Breakthrough Energy. We help bring reliable, affordable, and emissions-free energy to the world:
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Today, we’re excited to announce the first of BE Catalyst’s private sector anchor partners:
@AmericanAir
,
@ArcelorMittal
,
@BankofAmerica
,
@blackrock
,
@BCG
,
@GM
and
@Microsoft
.
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Scaling the technologies we need to get to net zero by 2050 will require unprecedented innovation and collaboration across the public and private sectors.
More from
@TheEconomist
on the global flood of investment in the clean energy transition:
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Las Vegas is now powering their city government with 100% renewable energy…and others are sure to follow.
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Today Breakthrough Energy is releasing a report, authored by
@IHSMarkit
and
@EFIForTheFuture
, that explores how the U.S. can be at the forefront of a global clean energy transition.
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We're bringing together leaders from across the public and private sectors to spark a new clean industrial revolution and bring critical climate solutions to global scale.
Learn more from Breakthrough Energy Founder
@BillGates
and our Catalyst partners:
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Almost half of the utility-scale electric power generation installed in 2017 uses renewable energy sources.
To optimize this energy supply, we need to:
→ Expand transmission capacity
→ Find cheap battery storage
@popsci
explains:
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.
@BillGates
, talks about funding innovation to create reliable and affordable energy solutions for the world:
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With more than $1 billion in committed capital, Breakthrough Energy Ventures funds cutting-edge companies with the potential to eliminate a half-gigaton of greenhouse gas (GHG) emissions per year. Read more at
@qz
by
@akshatrathi
.
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Congress just released a historic policy framework that if signed into law will enable critical climate technologies to rapidly scale and help to build the foundation of the clean energy economy.
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Proud to partner with
@NRCan
, which today announced an investment of up to $30M for a new program called Breakthrough Energy Solutions Canada. Funding call has gone live to help Canadian firms bring more low-carbon energy technologies to market:
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Innovation is at the foundation of all that we want to do. It is the key to solving our energy challenges:
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Tomorrow:
@BillGates
“How to Avoid a Climate Disaster” will be officially released. Three things you can expect from the book:
➡ A five-sector approach to reducing
#GHGs
➡ A deep dive on the Green Premium
➡ Practical
#climate
policies to reach net-zero
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A new partnership between the
@EU_Commission
and BE Catalyst will invest up to $1 billion between 2022-26, accelerating the development and deployment of large-scale clean technologies. Thank you to
@EIB
as well for your support.
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.
@Google
is powering 2017 with wind and solar energy. Learn about the largest corporate buyer of renewable energy.
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A battery developed by
@Stanford
engineers utilizes low-cost abundant materials to store solar energy at night.
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Energy breakthroughs don't happen by chance. Investment in innovation through R&D is a key factor:
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Also announcing today: the Landscape of Innovation. Areas the world should invest in for an emissions-free future:
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When it comes to investment opportunity, renewable energy is what the internet was 25 years ago.
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Clean hydrogen offers solutions to energy storage and to decarbonizing high-emitting industries like manufacturing and heavy-duty transportation. Coordinated action from businesses and governments can secure a net-zero economy fueled by clean hydrogen.
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Microsoft just set a new bar for big tech climate change goals, announcing it will go carbon negative by 2030 & by 2050 wipe out all CO2 it's ever emitted.
@drvox
explains how they plan to do it, including hydrogen fuel cells, carbon removal, and more.
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Congress just seized a once-in-a-generation opportunity with the passage of the Inflation Reduction Act in the House. Hundreds of billions into clean energy is the largest investment the U.S. has ever made to address climate change and will help build the net-zero future.
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Electricity is only responsible 25% of greenhouse gas emissions each year.
To prevent the worst effects of climate change, we have to address the other 75%:
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We believe the right people, with the right platform, have the power to transform tomorrow with clean, reliable, affordable energy.
We’re kicking off our BE Summit – convening our network to learn from each other & identify next steps to address climate change.
#BESummit2022
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Energy breakthroughs are powering what economists and scientists are calling the “4th Industrial Revolution.”
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The scale of investment needed for energy breakthroughs must come from both the private sector and governments:
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.
@BillGates
has a plan to avoid a climate disaster. We’re excited to turn those plans into reality by investing in clean energy solutions, driving down the Green Premium, and advocating for R&D and policies that prioritize green solutions.
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The next green revolution may come from the sea. Read how microalgae can reduce fossil fuel use.
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This coal mine is being converted into a giant battery to store solar and wind power.
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Breakthrough Energy Catalyst committed $1.5 billion to build clean energy demonstration projects in collaboration with
@ENERGY
.
More from
@BillGates
and
@SecGranholm
on the importance of this cross-sector work:
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Rethink solar panel size. These fold up, fit in your pocket to be used anywhere, and are almost unbreakable.
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To avert the worst effects of climate change,
@BillGates
writes, we need to drive innovation in the five sectors that are responsible for the most greenhouse gas emissions:
💡 Electricity
🌾 Agriculture
🔧 Manufacturing
🚚 Transportation
🏢 Buildings
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The U.S. must triple its transmission infrastructure to achieve net zero by 2050. Build Back Better’s transmission investment tax credit will improve the grid and our renewable energy capacity, save Americans $2.3B annually in energy bills, and create more than 650,000 jobs.
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.
@POTUS
' budget request makes critical, ambitious clean energy investments to put us on a path to net zero. It would accelerate the innovation we need and rapidly scale the solutions we have, creating good jobs today and ensuring we lead the industries of the future.
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The world needs innovative solutions that take advantage of all the possible sources of low-carbon electricity:
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Student startups are competing to win $50K towards clean energy innovation. Here’s a preview of the finalists:
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The Inflation Reduction Act will help secure a cleaner, more prosperous future for the U.S. and the world. Our Founder,
@BillGates
, weighed in on why this bill is essential to achieving our climate goals and what that means for all of us:
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Congratulations to BEV portfolio company
@fervoenergy
for breaking ground on their Cape Station facility! Once completed, the site will become the world’s largest geothermal facility to use next-generation climate technologies. Learn more:
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Falling costs of electric vehicles and solar panels could halt worldwide growth in demand for oil and coal by 2020.
Electric cars and cheap solar 'could halt fossil fuel growth by 2020' via
@guardian
#RenewableEnergy
#EVs
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Senate passage of The Inflation Reduction Act is nothing short of historic. Its billions of investment in climate solutions will help secure a cleaner, healthier, and more prosperous future for the U.S. and world. We urge the House to swiftly send it to the President’s desk.
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Reaching our climate goals will require serious investment in building new clean industries so we can bring climate technologies to scale & eliminate emissions faster. We’re excited to work w/
@ENERGY
to catalyze up to $15B to build the net-zero economy:
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A
@UCBerkeley
team of researchers is working on “artificial photosynthesis”—a process that would convert sunlight, water, and carbon directly into fuel.
This would help use up excess carbon dioxide in our atmosphere and reduce greenhouse gases.
More:
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“It represents our best chance to build an energy future that is cleaner, cheaper and more secure.”
As Congress takes up the Inflation Reduction Act today, check out our founder
@BillGates
in the
@nytimes
on this historic bill:
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Breakthrough Energy is committed to working with governments, scientists, investors, and innovators around the world to reach net-zero emissions by 2050. Together, we can avoid a climate disaster and create a world powered by clean energy. For more:
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We're thrilled that BE founder
@BillGates
was selected to
@TIME
's 100 Climate list. Bill Gates founded Breakthrough Energy in 2015 to accelerate clean energy innovation around the world. Learn more about our progress towards this goal:
TIME100 Climate 2023: Bill Gates
Find out why Bill Gates made the 2023 TIME100 Climate list
time.com
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UAE is funding nearly $45 million for 4 different energy projects in developing countries. Read more:
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China installed 3X more wind power than the U.S. last year, continuing its energy investment to increase air quality via
@business
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China will invest $361B in renewable energy by 2020.
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The Grand Challenges are the 5 biggest areas where we need to address greenhouse gas emissions:
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“Great ideas are just the beginning. We need a plan.” More on
@BillGates
’s plan to avoid a climate disaster:
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Deploying long-duration energy storage technologies at scale will be critical to avoiding a climate disaster.
@LDESCouncil
’s inaugural report details how investing in LDES is imperative to the clean energy transition. More:
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Geologists are drilling into a volcano in Iceland to turn steam into a powerful source of energy.
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BE Founder
@BillGates
joined
@ClimateEnvoy
and members of the First Movers Coalition (FMC) at last week’s
#WEF22
to announce FMC’s expansion. More on the newest partners and cleantech purchasing pledges in
@climate
:
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Our Breakthrough Energy Ventures fund will focus on five initial areas to guide its investments →
#OnePlanetSummit
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If we're going to avoid a climate disaster, we have to:
➡Innovate in every sector of the economy
➡Scale the
#cleanenergy
solutions we have today
➡Advocate for ambitious climate policies
@BillGates
&
@Breakthrough
Energy are committed to achieving net zero emissions by 2050.
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The
@UofCalifornia
shares 10 scalable solutions for carbon neutrality and climate stability in its state.
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BEC launched in conjunction with Mission Innovation, 20 countries committed to doubling early stage R&D investments:
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C-Zero's technology turns natural gas into clean hydrogen – which will be critical to decarbonizing the agriculture, manufacturing, and transportation sectors.
BEV is proud to co-lead their Series A funding of $11.5M.
@climate
has more:
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Science is in our fund’s DNA and is at the heart of our investing approach. More on our investment criteria here:
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The private sector has increased its demand for renewable energy.
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Lowering the Green Premium for breakthrough technologies is crucial to avoiding a climate disaster. More from
@BillGates
:
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Almost half of the emissions reductions required to reach net-zero by 2050 rely on technologies that are not yet commercialized.
A new
@IEA
report maps out the technologies needed to tackle emissions across all energy sectors:
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Electricity contributes 27% of today’s global GHG emissions. We need policies and investments that support emerging clean electricity solutions to not only decarbonize the industry – but also to power other sectors that rely heavily on fossil fuels.
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Breakthrough Energy Ventures has raised $1 billion for its second round of investments. BEV plans to invest in an additional 40-50
#cleanenergy
companies that are accelerating our path to zero.
@AkshatRathi
via
@climate
has more:
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