{"id":12292,"date":"2016-12-16T08:09:07","date_gmt":"2016-12-16T16:09:07","guid":{"rendered":"\/blog\/?p=12292"},"modified":"2023-06-05T16:22:01","modified_gmt":"2023-06-05T14:22:01","slug":"bill-gates-announces-the-launch-of-breakthrough-energy-ventures-bev","status":"publish","type":"post","link":"https:\/\/www.exoplatform.com\/blog\/bill-gates-announces-the-launch-of-breakthrough-energy-ventures-bev\/","title":{"rendered":"Cartoon of the week: Bill Gates &#038; Friends launch $1 billion clean tech fund"},"content":{"rendered":"<p><a href=\"https:\/\/www.exoplatform.com\/blog\/wp-content\/uploads\/2016\/12\/600-400.png\"><img decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-12293 aligncenter\" src=\"https:\/\/www.exoplatform.com\/blog\/wp-content\/uploads\/2016\/12\/600-400.png\" alt=\"Bill Gates announces the launch of Breakthrough Energy Ventures (BEV)\" width=\"600\" height=\"400\" \/><\/a><\/p>\n<p>To finance the search for emerging energy sources, spur <b>clean energy <\/b>technology, and help reduce global greenhouse gas emissions, Microsoft co-founder Bill Gates and some of his mates have decided to invest $1 billion in a fund.<\/p>\n<p><!--more--><\/p>\n<p>Gates has gathered a group of high-profile executives to announce the launch of<b> Breakthrough Energy Ventures<\/b> (BEV), an investment fund that will help to deliver cheap and reliable <b>clean energy<\/b> to the world.<\/p>\n<p>The group includes John Doerr, Vinod Kholsa, John Arnold, Amazon.com CEO Jeff Bezos, Mike Bloomberg the Bloomberg LP founder, Alibaba founder Jack Ma, and a handful of other like-minded people, <a href=\"http:\/\/www.forbes.com\/sites\/kerryadolan\/2016\/12\/12\/bill-gates-launches-1-billion-breakthrough-energy-investment-fund\/#6bb7b17b59a7\" target=\"_blank\" rel=\"noopener\">according to Forbes.<\/a> You can see a list of the rest of the investors <a href=\"http:\/\/www.b-t.energy\/ventures\/board-investors\/\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/p>\n<p>The fund has a 20-year duration and is supposed to begin making investments next year.<\/p>\n<p>These investments will fund the commercialization of technologies that will reduce <b>greenhouse-gas emissions<\/b> by improving industrial processes, transportation, energy systems, and agriculture\u2014\u201cAnything that leads to cheap, clean, reliable energy,\u201d stated Bill Gates.<\/p>\n<p>In a <a href=\"https:\/\/www.gatesnotes.com\/Energy\/Breakthrough-Energy-Ventures\" class=\"broken_link\" target=\"_blank\" rel=\"noopener\">post on his Gates Notes blog<\/a>, Gates said the fund will invest in \u201cscientific breakthroughs that have the potential to deliver cheap and reliable <b>clean energy<\/b> to the world.\u201d<\/p>\n<p>\u201cWe need affordable and reliable energy that doesn\u2019t emit greenhouse gas to power the future\u2014and to get it, we need a different model for investing in good ideas and moving them from the lab to the market,\u201d Gates said in his post.<\/p>\n<p>Go, folks, and make the planet green again \ud83d\ude09<\/p>\n<p><em><strong>Stay tuned for more fun cartoons!<\/strong><\/em><\/p>\n<p><a href=\"http:\/\/www.pinterest.com\/exoplatform\/cartoon-of-the-week\/\" data-pin-do=\"embedBoard\" data-pin-scale-width=\"80\" data-pin-scale-height=\"200\" data-pin-board-width=\"400\" target=\"_blank\" rel=\"noopener\">Follow eXo Platform&#8217;s board Cartoon of the Week on Pinterest.<\/a><!-- Please call pinit.js only once per page --><script src=\"\/\/assets.pinterest.com\/js\/pinit.js\" async=\"\" type=\"text\/javascript\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"To finance the search for emerging energy sources, spur clean energy technology, and help reduce global greenhouse gas emissions, Microsoft co-founder Bill Gates and some of his mates have decided to invest $1 billion in a fund.","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"image","meta":[],"categories":[813],"tags":[817],"lang":"en","translations":{"en":12292},"pll_sync_post":[],"_links":{"self":[{"href":"https:\/\/www.exoplatform.com\/blog\/wp-json\/wp\/v2\/posts\/12292"}],"collection":[{"href":"https:\/\/www.exoplatform.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.exoplatform.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.exoplatform.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.exoplatform.com\/blog\/wp-json\/wp\/v2\/comments?post=12292"}],"version-history":[{"count":0,"href":"https:\/\/www.exoplatform.com\/blog\/wp-json\/wp\/v2\/posts\/12292\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.exoplatform.com\/blog\/wp-json\/wp\/v2\/media?parent=12292"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.exoplatform.com\/blog\/wp-json\/wp\/v2\/categories?post=12292"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.exoplatform.com\/blog\/wp-json\/wp\/v2\/tags?post=12292"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}