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fubari [soylentnews.org] writes:

In the good news department: Bill Gates Launches $1 Billion Breakthrough Energy Investment Fund [forbes.com]
Why is that good?
The cool things I see are they claim 1) a high tolerance for risk, and 2) long term thinking. They're looking at a 20 year investment window, which may be enough time to fund actual advances.

Gates wote:

"We need affordable and reliable energy that doesn’t emit greenhouse gas to power the future—and to get it, we need a different model for investing in good ideas and moving them from the lab to the market.”

The group has spelled out five “grand challenges” which it says are the biggest contributors to greenhouse gas emissions around the world:

• Electricity
• Buildings
• Manufacturing
• Transportation
• Food

I hope these people do some good and I will be following their work. Seems like a concrete step for moving away from fossil fuels, as discussed at some length in A Christmas Miracle for Soylent News.

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