CNN – Presented By Claire Evren & World News Actuality in Paris at COP 21
CNN – Article and Exclusive Interview By Claire Evren
World leaders including President Barack Obama and Microsoft CEO Bill Gates attend the ‘Mission Innovation: Accelerating the Clean Energy Revolution’ meeting at the COP21 World Climate Change Conference in Le Bourget, north of Paris.
The Breakthrough Energy Coalition includes Microsoft co-founder Bill Gates, Facebook co-founder Mark Zuckerberg and Virgin Group head Richard Branson.
Bill Gates ” I’m in Paris with several world leaders for a big announcement on energy and climate change.
I am honored to be a part of this event. It is great to see so many government leaders and investors making these commitments and showing how the public and private sectors can come together to work on big problems. I am optimistic that we can invent the tools we need to generate clean, affordable, reliable energy that will help the poorest improve their lives and also stop climate change. I hope even more governments and investors will join us.”
Billionaires Bill Gates, Mark Zuckerberg, and other high-profile entrepreneurs have pledged to spark a “new economic revolution” based around clean energy after launching a new investment drive for renewables.
The group will mainly invest in early-stage clean energy companies across a range of sectors, such as electricity generation and storage, transportation and agriculture. The initiative has been announced in conjunction with Mission Innovation – an effort from 21 governments, including the US, Britain, Australia, Germany, China and Brazil, to double the amount of public money going into clean energy innovation.
It’s expected this will bolster governmental assistance in renewables such as solar to wind energy to $20bn.
The Breakthrough Energy Coalition includes Microsoft co-founder Gates, Facebook co-founder and chief executive Zuckerberg and Virgin Group head Branson. Other investors include Reid Hoffman, founder of LinkedIn, and Jeff Bezos, founder of Amazon.
Gates said the world will be using 50% more energy by the middle of this century than it does today, which should benefit the world’s poor by is problematic because most of this energy will be derived from fossil fuels such as coal and oil.
“The renewable technologies we have today, like wind and solar, have made a lot of progress and could be one path to a zero-carbon energy future,” he said. “But given the scale of the challenge, we need to be exploring many different paths – and that means we also need to invent new approaches. Private companies will ultimately develop these energy breakthroughs, but their work will rely on the kind of basic research that only governments can fund. Both have a role to play.”
Zuckerberg said current progress towards sustainable energy is “too slow” while Branson added: “We must produce an abundance of clean, renewable energy and drive further innovation to make the next generation of energy more efficient. It will benefit the environment, our society and the economy.”
The 30 rich and powerful people Bill Gates signed on to save the Earth.
Bill Gates has signed on a laundry list of the world’s richest and most powerful people to head up his new climate change initiative.
They will pour money into early-stage startups that promise to provide “everyone with affordable, reliable energy” that produces zero carbon emissions. They will also support government-backed green energy research.
Here are the big names Gates rounded up for his coalition:
Marc Benioff, CEO of Salesforce.com
Jeff Bezos, CEO of Amazon
Reid Hoffman, founder of LinkedIn
Jack Ma, chairman of Alibaba Group
Patrice Motsepe, chairman of African Rainbow Minerals
Xavier Niel, founder of Iliad Group
Hasso Plattner, chairman of SAP
Masayoshi Son, CEO of SoftBank Group
Ratan Tata, chairman emeritus of Tata Sons
Meg Whitman, CEO of Hewlett Packard Enterprise
Mark Zuckerberg, CEO of Facebook
Mukesh Ambani, chairman of Reliance Industries Limited
John Arnold, co-chair of Laura and John Arnold Foundation
Prince Alwaleed bin Talal, chairman of Alwaleed Philanthropies
Richard Branson, founder of Virgin Group
Priscilla Chan, CEO of the Primary School
Ray Dalio, founder of Bridgewater Associates
Aliko Dangote, CEO of Dangote Group
John Doerr, general partner of Kleiner Perkins
Bill Gates, co-chair of the Bill & Melinda Gates Foundation
Chris Hohn, founder of The Children’s Investment Fund
Vinod Khosla, founder of Khosla Ventures
Julian Robertson, chairman of Tiger Management
Neil Shen, managing partner of Sequoia Capital China
Nat Simons, co-founder of Prelude Ventures
Laura Baxter-Simons, co-founder of Prelude Ventures
George Soros, chairman of Soros Fund Management
Tom Steyer, president of NextGen Climate
Pan Shiyi, chairman of of SOHO China
Zhang Xin, CEO of SOHO China
The University of California
Office of the Chief Investment Officer United States