Monday’s trending – Bill Gates, clean energy and Cyber Monday

The Breakthrough Energy Coalition is working together with a growing group of visionary countries who are significantly increasing their public research pipeline through the Mission Innovation initiative to make that future a reality. The coalition will work with countries participating in “Mission Innovation” to facilitate “large funding commitments for basic and applied research”.

The group, which is comprised of 27 private investors and the University of California, is being led by Microsoft co-founder Bill Gates, according to Bloomberg.

Justin Trudeau joined François Hollande, Barack Obama, and Bill Gates to announce the launch of Mission Innovation, a clean technology initiative that partners Canada with the United States, 18 other countries, and leading representatives from the private sector.

Gates has published a paper that he says makes a more detailed case for investing in energy innovation, which you can download here.

Months ahead of COP21, Gates announced a personal $2 billion investment in renewable energy to “bend the curve” on climate change. With technology as a guideline, “the new model will be a public-private partnership between governments, research institutions and investors”, the White Home stated.

Tech leaders from around the world which include Mark Zuckerberg, Bill Gates, Sir Richard Branson and more have formed an alliance called “Breakthrough Energy Coalition” to provide clean sustainable energy.

The fund is the result of extensive coordination with other billionaire investors and the backing of governments, including the U.S., India, and China.

“We need to bring the cost premium for being clean down”, Gates said Monday in an interview with CNN’s New Day.

The coalition includes names like Mukesh Ambani, Ratan Tata, Jack Ma, Mark Zuckerberg, Jeff Bezos, Vinod Khosla and Meg Whitman, among others and is expected to give a huge push to clean energy. In a paper he cites solar chemical, solar paint and flow batteries as examples of promising technologies.

He went on to say that the current system does not encourage the type of innovation that will get the world to where it needs to be.