Bill Gates, Jeff Bezos, Jack Ma, and other investors worth $170 billion are launching a clean-energy fund to fight climate change — Quartz

In other energy news, see Perry Said to Be Trump’s Top Candidate for Energy Secretary (Bloomberg)

"The Microsoft co-founder and his all-star line-up of fellow investors plan to announce tomorrow the Breakthrough Energy Ventures fund, which will begin making investments next year. The BEV fund, which has a 20-year duration, aims to invest in the commercialization of new technologies that reduce greenhouse-gas emissions in areas including electricity generation and storage, transportation, industrial processes, agriculture, and energy-system efficiency.
“Anything that leads to cheap, clean, reliable energy we’re open-minded to,” says Gates, who is serving as chairman of BEV and anticipates being actively involved."

Bill Gates, Jeff Bezos, Jack Ma, and other investors worth $170 billion are launching a clean-energy fund to fight climate change — Quartz