April 23, 2024

AndronETalksNews

AndronETalksNews

Bill Gates pledges $1.5 billion for climate change projects if Congress passes infrastructure bill

CNBC

By Emma Newburger – 

Microsoft co-founder Bill Gates on Thursday said his climate investment fund would pledge $1.5 billion for joint projects with the federal government to combat climate change if Congress passes a bipartisan infrastructure plan that funds clean energy technologies.

The Senate’s $1.2 trillion infrastructure bill, which hasn’t yet passed through the House, provides the Department of Energy with $25 billion for projects that demonstrate the viability of clean energy technologies for widespread adoption. The money is part of the bill’s broader investment in programs to reduce greenhouse gas emissions.

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