Bill Gates raised over $1 billion from large corporations to develop clean energy technologies.
As The Daily Wire recently reported, Gates expressed a desire to spend $1.5 billion alongside the federal government if the Infrastructure Investment and Jobs Act is signed by President Biden. The Microsoft co-founder said that scaling up climate technologies will be impossible “unless the government’s coming in with the right policies, and the right policy is exactly what’s in that infrastructure bill.”
An announcement from Gates’ climate venture fund, Breakthrough Energy Catalyst, said that several corporate partners — including American Airlines, ArcelorMittal, Bank of America, BlackRock, Boston Consulting Group, General Motors, and Microsoft — have joined the effort.
