The impact of technology on the environment continues to increase the tension among environmentalists. As the human kind exploits the environment more, new energy technologies are adopted to minimize the harmful effects on the environment. Clean Energy Technology focuses on creating zero carbon energy that can be extensively used for various purposes all over the globe. The organization already has some of the technological masterminds like Jack Ma, Jeff Bezos, Richard Branson and Masayoshi Son. Recently, Facebook founder Mark Zuckerberg announced along with his wife Priscilla Chan that they are joining with Bill Gates to launch Breakthrough Energy Coliation.
Clean Energy Technology Expands With Investment The UN Climate Control Conference is about to take place in Paris and it is expected that Mission Innovation will be launched during the event. Bill Gates and Barack Obama will unveil this initiative to encourage the governments to increase and double investments in energy research over a period of five years.
Mission Innovation is a joint venture of more than 19 countries as these countries have pledged to spend $20 billion within 2020 to promote clean energy research and development. Even though the Breakthrough Energy Coalition is a different program, both the programs will work in countries that have promised to help with technology to reduce carbon emissions. The breakthrough Energy Coalition will try to cover the gaps of government funding. This is achievable through commercialization of scalable ideas created in public research institutions. This project will give shape to early stage ideas in various sectors through Series A funding.