Bill Gates sparks multinational plan to spend billions on clean energy tech


mentalfloss
#1
Gates sparks multinational plan to spend billions on clean energy tech

PARIS - Government and business leaders are banking on clean energy technology to fight global warming, kicking off this week's high-stakes climate change negotiations by pledging tens of billions of dollars for research and development.

Microsoft founder and philanthropist Bill Gates, President Barack Obama and French President Francois Hollande will announce the new initiative on Monday, committing to spend tens of billions of dollars for a technological fix to the planet's climate woes, three current and former officials have told The Associated Press.

"It's quite a big deal," said Jennifer Morgan, global climate director for the World Resources Institute. "It brings a new kind of burst of energy into the conference right at the beginning on something very important."

The U.N. climate summit formally opened Sunday afternoon with a minute of silence for the victims of this month's Paris attacks and vows not to let terrorism derail efforts to slow or stop climate change.

The "ambitious" effort to develop clean energies initially involves eight countries — France, the U.S., India, South Korea, Saudi Arabia, Australia, Canada and Norway — according to a French official, who asked not to be named for lack of authorization to speak. These countries would pledge to double their spending on low or no-carbon energy, according to an early version of a document obtained by the AP.

President Barack Obama revealed no details Sunday as he travelled to the talks, but wrote on his Facebook page that "we'll work to mobilize support to help the most vulnerable countries expand clean energy and adapt to the effects of climate change we can no longer avoid."

The money would focus on research and development of technologies such as energy storage, which could make better use of clean power from wind and solar regardless of the vagaries of weather.

Led by Gates, about 20 private business leaders have signed on to the initiative, making their pledges conditional on governments also pledging more money, said a former U.S. government official who is familiar with the plan.

"They are committed to making increased investments in existing technologies and new breakthrough technologies to lower the cost of emissions reductions," the former U.S. government official said, adding that Gates is particularly concerned about alleviating the "energy poverty" that denies power to millions of people in India and elsewhere.

But a multinational research effort combining the investments of governments, corporations and private individuals could create intellectual property problems. It also remains to be seen how much of this money is new and how much will involve repackaging old promises.

"The Obama administration recognizes that this is a fundamental competitive advantage for the United States," the former U.S. official said, but getting such funds approved by a Republican-controlled Congress could be difficult.

Storing electricity is especially crucial for wind and solar power, which can be intermittent because of the weather. Improving batteries is key, and there have been breakthroughs both in technology and production announced this year, including by space and electric car tycoon Elon Musk, whose Gigafactory has begun producing large batteries for home power storage to make solar and wind power more viable.

The conference centre where more than 140 nations will be meeting for two weeks began to bustle Sunday as lower-level negotiators arrived, and U.N. climate chief Christiana Figueres expressed optimism about the outcome.

World leaders were expected to arrive on Monday, including Obama and the leaders of China, India and Russia, to discuss commitments to reducing ever-rising carbon dioxide emissions from the burning of fossil fuels.

Armed security was noticeable nearly everywhere at the Le Bourget centre, and 200 to 300 people violated a national ban on protests under the state of emergency France declared when extremists killed 130 people in Paris.

About 100 protesters found to have projectiles or other suspicious objects were detained after some demonstrations turned violent, said the Paris police chief, Michel Cadot.

The climate activist group 350.org, which had organized some gatherings, distanced itself from the violence, and thousands of other people joined peaceful demonstrations in other European capitals on Sunday.

CLIMATE COUNTDOWN: Gates sparks multinational plan to spend billions on clean energy tech (external - login to view)
 
Curious Cdn
Conservative
#2
The Gates must be a Fuctard libtard socialist Obamie-Commie from the east.
 
captain morgan
Bloc Québécois
#3
Quote: Originally Posted by mentalflossView Post

Gates sparks multinational plan to spend billions on clean energy tech

CLIMATE COUNTDOWN: Gates sparks multinational plan to spend billions on clean energy tech (external - login to view)

The Gates Foundation has been looking into this for north of 10 years. If anyone can get this done, they have the capital, research capacity and facilities to make it happen.

Count on at least another 10 years for that tech to be developed and another 10 years for the infrastructure to be in place
 
mentalfloss
+1
#4
20 years is actually quite ambitious a timeframe.

You're probably looking at 30 years for the transition from fossil fuels.
 
captain morgan
Bloc Québécois
#5
I could see that.... There would need to be a lot of things 'go right' in order for these time frames to be realized
 
DaSleeper
+1
#6
They will have to invent the ol' startrek "impulse engine"
 
mentalfloss
#7
That's why I always wonder why people in that industry get offended by the mere utterance of renewables.

There will be plenty of time for the industry to adjust.
 
captain morgan
Bloc Québécois
+1
#8
The O&G companies are (were) piling a lot of money into this research as is... They know that the writing is on the wall and rather than die-out by doing nothing, many of these companies want to drive the new economy.

Makes a lot of sense when you think of it. They are a business at heart and not married specifically to only one thing
 
B00Mer
No Party Affiliation
#9
Solyndra!
 
AnnaG
+2
#10  Top Rated Post
Quote: Originally Posted by mentalflossView Post

Gates sparks multinational plan to spend billions on clean energy tech

PARIS - Government and business leaders are banking on clean energy technology to fight global warming, kicking off this week's high-stakes climate change negotiations by pledging tens of billions of dollars for research and development.

Microsoft founder and philanthropist Bill Gates, President Barack Obama and French President Francois Hollande will announce the new initiative on Monday, committing to spend tens of billions of dollars for a technological fix to the planet's climate woes, three current and former officials have told The Associated Press.

"It's quite a big deal," said Jennifer Morgan, global climate director for the World Resources Institute. "It brings a new kind of burst of energy into the conference right at the beginning on something very important."

The U.N. climate summit formally opened Sunday afternoon with a minute of silence for the victims of this month's Paris attacks and vows not to let terrorism derail efforts to slow or stop climate change.

The "ambitious" effort to develop clean energies initially involves eight countries — France, the U.S., India, South Korea, Saudi Arabia, Australia, Canada and Norway — according to a French official, who asked not to be named for lack of authorization to speak. These countries would pledge to double their spending on low or no-carbon energy, according to an early version of a document obtained by the AP.

President Barack Obama revealed no details Sunday as he travelled to the talks, but wrote on his Facebook page that "we'll work to mobilize support to help the most vulnerable countries expand clean energy and adapt to the effects of climate change we can no longer avoid."

The money would focus on research and development of technologies such as energy storage, which could make better use of clean power from wind and solar regardless of the vagaries of weather.

Led by Gates, about 20 private business leaders have signed on to the initiative, making their pledges conditional on governments also pledging more money, said a former U.S. government official who is familiar with the plan.

"They are committed to making increased investments in existing technologies and new breakthrough technologies to lower the cost of emissions reductions," the former U.S. government official said, adding that Gates is particularly concerned about alleviating the "energy poverty" that denies power to millions of people in India and elsewhere.

But a multinational research effort combining the investments of governments, corporations and private individuals could create intellectual property problems. It also remains to be seen how much of this money is new and how much will involve repackaging old promises.

"The Obama administration recognizes that this is a fundamental competitive advantage for the United States," the former U.S. official said, but getting such funds approved by a Republican-controlled Congress could be difficult.

Storing electricity is especially crucial for wind and solar power, which can be intermittent because of the weather. Improving batteries is key, and there have been breakthroughs both in technology and production announced this year, including by space and electric car tycoon Elon Musk, whose Gigafactory has begun producing large batteries for home power storage to make solar and wind power more viable.

The conference centre where more than 140 nations will be meeting for two weeks began to bustle Sunday as lower-level negotiators arrived, and U.N. climate chief Christiana Figueres expressed optimism about the outcome.

World leaders were expected to arrive on Monday, including Obama and the leaders of China, India and Russia, to discuss commitments to reducing ever-rising carbon dioxide emissions from the burning of fossil fuels.

Armed security was noticeable nearly everywhere at the Le Bourget centre, and 200 to 300 people violated a national ban on protests under the state of emergency France declared when extremists killed 130 people in Paris.

About 100 protesters found to have projectiles or other suspicious objects were detained after some demonstrations turned violent, said the Paris police chief, Michel Cadot.

The climate activist group 350.org, which had organized some gatherings, distanced itself from the violence, and thousands of other people joined peaceful demonstrations in other European capitals on Sunday.

CLIMATE COUNTDOWN: Gates sparks multinational plan to spend billions on clean energy tech (external - login to view)

That is admirable, but it will fail. Climate cannot be fixed. Climate will change. The best we humans can do is restrict our impact and hope the climate stays relatively easy to live with.
 
EagleSmack
+2
#11
In the meantime he will happily remain part of the 1% and continue with his unsustainable, toxic, and environmentally unfriendly products produced in part by third world labor.
 
mentalfloss
#12
Quote: Originally Posted by AnnaGView Post

That is admirable, but it will fail. Climate cannot be fixed. Climate will change. The best we humans can do is restrict our impact and hope the climate stays relatively easy to live with.

In a few hundred years we'll just terriform Mars and change its atmosphere to meet our conditions anyway.
 
CDNBear
+1
#13
Trudeau and Robbie the Robot will lead the way.

Cuz messiah. Cuz 2015,
 
AnnaG
#14
Quote: Originally Posted by mentalflossView Post

In a few hundred years we'll just terriform Mars and change its atmosphere to meet our conditions anyway.

That is nice but I prefer living on Earth in what is left of 2015.
 
Wake
#15
Quote: Originally Posted by mentalflossView Post

20 years is actually quite ambitious a timeframe.

You're probably looking at 30 years for the transition from fossil fuels.

OK, let's take your position apart in pieces.

Are you willing to never use a commercial airline,ship or public transit again to go on vacation around the world?

Are you willing to have your car put through a shredder?

Are you willing to live with lights, heat and air conditioning?

Are you willing to have the entire food supply cut to 20% of the present production? Whom will you decide to have the power to assign the people who should be given the power to rule who has food and who hasn't? Remembering that it could be you that this world can do without?

Are you clear that massive cuts in energy would certainly mean the death of the majority of Indians and Chinese? Are you willing to allow Russia who will NOT follow your self deprecating role and will then become the strongest nation on Earth with Iran a close second? Since Japan has never recognized most of the idiotic commandments of the environmentalists do you plan on moving to Japan to live like a human? What have you to offer the Japanese that they would allow yet another Hakulin into their country who believes that he could destroy the Japanese way of life?

Tell us in clear detail what YOUR picture is of environmentalism.
 
Bar Sinister
No Party Affiliation
#16
If you really want to hurt the Russians and other ultra-conservative states like Iran and Saudi Arabia the best way is to take away their main source of revenue. Green energy will do just that. Consider it a little bonus of providing cleaner air.
 

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