Bill Gates secures hundreds of millions from U.S. firms for climate fight [MSNBC.com]
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Source: MSNBC.com
Key PointsBreakthrough , a non-profit founded by Gates in 2016, announced Monday that it has secured investments from Microsoft, BlackRock, General Motors, American Airlines, Boston Consulting Group, Bank of America and ArcelorMittal.The Washington-headquartered firm said the money will be used to fund its "Breakthrough Catalyst," a project launched earlier this year that's aiming to finance, produce, and buy the new solutions that will help underpin a zero-carbon economy.Bill Gates at Munich Security Conference on February 17, 2017 in Munich, Germany.Michael Gottschalk | GettyBill Gates has raised hundreds of millions from seven large U.S. companies to develop clean technologies that could play a key role in the fight against climate change.The overall size of the investments was not disclosed but theyreportedly"Half the technology needed to get to zero emissions either doesn't exist yet or is too expensive for much of the world to afford," said the Microsoft co-founder. "Catalyst i
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