Microsoft co-founder Bill Gates, along with a host of other investment partners, is starting a $1 billion investment group, called the Breakthrough Energy Ventures fund, aimed at fighting climate change through investing in the business of clean energy production. The BEV fund, intended to run for 20 years, will be focusing on investing in companies that are developing new technologies that will reduce greenhouse gas emissions in the areas of agriculture, electricity generation and storage, transportation, industrial processes, and energy-system efficiency.

“Anything that leads to cheap, clean, reliable energy we’re open-minded to,” explains Gates, acting as BEV’s chairman.
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