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RENEWABLES

Billionaires back new energy fund

MICROSOFT founder billionaire Gill Gates has teamed up with some of his billionaire mates to invest more than $US1 billion ($A1.35 billion) in the search for affordable and reliable energy with the goal of reducing global greenhouse gas emissions to near-zero.

Haydn Black
Bill Gates

Bill Gates

Breakthrough Energy Ventures is designed to be an investor-led fund that will finance emerging energy breakthroughs and is funded by the likes of Kleiner Perkins Caufield & Byers chairman John Doerr, Alibaba...

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