Gates, Other Billionaires Form Breakthrough Energy Coalition to Fund Innovations in Clean Energy

Bill Gates, along with other tech billionaires such as Jack Ma. Mark Zuckerberg, Jeff Bezos and others have formed the Breakthrough Energy Coalition with the purpose of funding  basic research to provide clean energy technologies that will allow for a carbon-free future.

Here’s a link to the Breakthrough Energy Coalition’s website (http://www.breakthroughenergycoalition.com/en/) with some excerpts:

We will form a network of private capital committed to building a structure that will allow informed decisions to help accelerate the change to the advanced energy future our planet needs. Success requires a partnership of increased government research, with a transparent and workable structure to objectively evaluate those projects, and committed private-sector investors willing to support the innovative ideas that come out of the public research pipeline . . .

Together we will focus on early stage companies that have the potential of an energy future that produces near zero carbon emissions and provides everyone with affordable, reliable energy. . .

We are looking for outliers both in developing novel technologies AND in innovations which enable current technologies to be dramatically more efficient, scalable, or cheaper. . .

Because the foundation of these innovations will likely come through government research pipelines, we will focus our investments on those countries that have committed to increase the size of those pipelines by participating in the international initiative known as Mission Innovation.[another initiative announced at the ICC conference in Paris]

There has been speculation here on ECW about whether Gates would announce funding for LENR here, and he hasn’t done that — but the outline of this program shows that LENR could well be one of the types of energy technologies funded here, since it is novel, clean and has the potential to provide reliable affordable energy to everyone.

I still am of the opinion that E-Cat is far ahead of the competition in the LENR field, and I doubt that Andrea Rossi will be going to the Breakthrough Energy Coalition for funding, since he seems to want to be the master of his own destiny, but there could be other LENR companies taking a different approach that will. So all in all, I would think this fund could be encouraging to LENR inventors and entrepreneurs.

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