Meet the Billionaires who Fund Climate Change Solutions
When you see an article fear mongering over climate change, follow the source to see if it’s one of the billionaires who fund geoengineering experiments.
When you see an article bashing President Trump for leaving the Paris Climate Change agreement, follow the source to see if it’s one of the billionaires who fund geoengineering experiments.
Geoengineering is a term, used to describe the possible solutions of climate change. Some of them are pretty good ideas, like cleaning up the oceans. Renewable energy. Some of them are scary, like Solar Radiation Management.
To claim our skies are being engineered or that there is a group of people trying to control the world, is considered the stuff of science fiction and conspiracy groups. That’s the mocking tin foil hat indoctrination, that is pushed on the masses, anyhow.
Yet, with research a small child could do, it is simple to see they aren’t hiding it at all. There is a group of people with money and influence, who want to be in control of the worlds infrastructure. They have a plan not only for climate change solutions, but for everything from food supplies (think GMO’s) and transportation, to our energy sources. They have the businesses and groups in place to carry out their vision of the future.
These billionaires came together to form a group, and pool their money and donations, to carry out their plans.
The Breakthrough Energy Coalition
Imagine having unlimited resources, to influence public opinion.
Any government that doesn’t agree with these plans and hand over contracts to carry them out, will be attacked. We are seeing it constantly, as they go after President Trump, for leaving the Paris Agreement. For overturning President Obamas executive order, to Prepare for Climate Change.
As each country is facing the question of climate change and what, if anything, to do about it.
Is the bigger question not, who is pushing us to these solutions?
What exactly are these solutions?
The Breakthrough Energy Coalition – The Biggest Private Climate Fund Ever Amassed
Bill Gates and 27 other billionaires with a collective net worth of $350 billion have joined forces to launch the biggest private climate fund in history. The multi-billion dollar fund, called the Breakthrough Energy Coalition, will focus on cutting edge research and development to accelerate the growth of renewable energy and other sustainable technologies.
The fund’s efforts will be doubled by government action in parallel. U.S. President Barack Obama and French President François Hollande joined Gates to unveil a plan which will see the United States, China and 17 other countries double government spending on energy research in the next five years.
Joining Gates in the massive private initiative are:
- Marc Benioff, CEO of Salesforce.com
- Jeff Bezos, CEO of Amazon
- Reid Hoffman, founder of LinkedIn
- Jack Ma, chairman of Alibaba Group
- Patrice Motsepe, chairman of African Rainbow Minerals
- Xavier Niel, founder of Iliad Group
- Hasso Plattner, chairman of SAP
- Masayoshi Son, CEO of SoftBank Group
- Ratan Tata, chairman emeritus of Tata Sons
- Meg Whitman, CEO of Hewlett Packard Enterprise
- Mark Zuckerberg, CEO of Facebook
- Mukesh Ambani, chairman of Reliance Industries Limited
- John Arnold, co-chair of Laura and John Arnold Foundation
- Prince Alwaleed bin Talal, chairman of Alwaleed Philanthropies
- Richard Branson, founder of Virgin Group
- Priscilla Chan, CEO of the Primary School
- Ray Dalio, founder of Bridgewater Associates
- Aliko Dangote, CEO of Dangote Group
- John Doerr, general partner of Kleiner Perkins
- Bill Gates, co-chair of the Bill & Melinda Gates Foundation
- Chris Hohn, founder of The Children’s Investment Fund
- Vinod Khosla, founder of Khosla Ventures
- Julian Robertson, chairman of Tiger Management
- Neil Shen, managing partner of Sequoia Capital China
- Nat Simons, co-founder of Prelude Ventures
- Laura Baxter-Simons, co-founder of Prelude Ventures
- George Soros, chairman of Soros Fund Management
- Tom Steyer, president of NextGen Climate
- Pan Shiyi, chairman of of SOHO China
- Zhang Xin, CEO of SOHO China
Bill Gates Launches $1 Billion Breakthrough Energy Investment Fund
The announcement comes a year after the United Nations climate change talks in Paris, where Gates unveiled the Breakthrough Energy Coalition – a group of some 20 billionaire business leaders from around the world, plus institutional investors, who committed to investing in new forms of energy. The coalition partnered with Mission Innovation, a group of 20 countries and the European Union that pledged to double their investment in clean energy research over five years. Gates explained that some of the members of the coalition are investing in energy on their own, and others have joined him in the new Breakthrough Energy Ventures fund.
The investors in Breakthrough Energy Ventures have a high tolerance for risk and are willing to wait longer than typical venture funds for a return on their investment — they’re calling it a 20 year fund. The group has spelled out five “grand challenges” which it says are the biggest contributors to greenhouse gas emissions around the world: electricity, buildings, manufacturing, transportation and food.
Bill Gates and top investors launch $1 billion clean energy fund
Bill Gates launched a $1 billion fund for investment in clean energy innovation Monday to combat the effects of climate change.
The fund, Gates said in a conference call Monday, will invest in companies aiming “to solve the climate problem but also providing lower cost energy.”
Saudi Prince Al Waleed donates $50M to Bill Gates’ Breatkthrough Energy Ventures initiative
Prince Alwaleed Bin Talal Bin Abdulaziz AlSaud, Chairman of Alwaleed Philanthropies, announced supporting the Breakthrough Energy Ventures (BEV) with $50 million, through joining Bill Gates and members of the Breakthrough Energy Coalition (BEC) in their commitment to invest more than $1 billion in energy technologies.
Breakthrough Energy Ventures (BEV) is an investor-led fund that will finance emerging energy breakthroughs to deliver affordable and reliable energy with the goal of reducing global greenhouse gas emissions to near-zero. Aligning with Saudi Arabia’s Vision 2030 and the Sustainable Development Goals (SDGs), HRH Prince Alwaleed assigned the Alwaleed Philanthropies team to work along the Bill & Melinda Gates Foundation towards the project, saying” the Breakthrough Energy Coalition shows that clean energy and economic development are not mutually exclusive. This innovative investment will help produce the next generation of clean energy technologies and will transform the global energy market.
Additionally, Alwaleed Philanthropies recently partnered with ‘Energies Pour L’Afrique’ headed by Jean-Louis Borloo, in aims to mobilizing its network in increasing access to clean energy
Leonardo DiCaprio shocked the fossil fuel industry with a simple but powerful move.
He joined in on the People’s Climate Change March last fall. The movie star is part of the Divest Invest Coalition, an initiative that encourages individual investors, foundations, and institutions to stop investing in fossil fuels and in businesses that contribute to climate change
He’s joined by 2,000 other individuals (including The Hulk) and more than 400 companies and institutions.
Together, their divestment commitments total close to $2.6 trillion!
Michael Bloomberg -Investor in Breakthrough Energy Ventures
Bill Gates Pushes Green Energy on Call With Trump, While Building $1 Billion Fund
Microsoft co-founder, while hopeful, fears for federal support of renewable projects under new US president
On one end of the phone, there was Bill Gates, the Microsoft co-founder, who has pledged a good chunk of his fortune to ending climate change. On the other end of the line, there was President-elect Donald Trump, who has described climate change as a hoax and surrounded himself with fellow deniers.
Breakthrough Energy Ventures is a group of investors who have chosen to work together in a new investment fund that is patient, flexible, and committed to the guiding principles of the Breakthrough Energy Coalition.
Board and Investors-
Marc Benioff, CEO of Salesforce.com
‘Climate change is real’: CEOs share their disappointment over Trump’s Paris accord exit
Salesforce CEO Marc Benioff said on Twitter he was “deeply disappointed” by Trump’s decision and “will double our efforts to fight climate change,”
- Marc Benioff, CEO of Salesforce.com –Breakthrough Energy Coalition investor
Bloomberg reported that on Tuesday Apple CEO Tim Cook placed a call to the White House to urge the president to stay in.
Michael Bloomberg CEO-Bloomberg LP –Breakthrough Energy Coalition investor
- Tom Steyer, president of NextGen Climate –Breakthrough Energy Coalition investor
NextGen America acts politically to prevent climate disaster, promote prosperity, and protect the fundamental rights of every American.
Since our founding as NextGen Climate in 2013, we’ve worked to fight climate change by advancing the transition to a clean energy economy. We’ve supported candidates who support climate action.
- Ray Dalio, founder of Bridgewater Associates –Breakthrough Energy Coalition investor
Ray Dalio, Billionaire Head Of World’s Largest Hedge Fund, Slams Trump Over Paris Accord Exit
With CEOs ranging from Goldman Sachs head Lloyd Blankfein to Disney’s Robert Iger and Apple’s Tim Cook criticizing President Donald Trump’s decision to exit the voluntary Paris Climate Accords, Ray Dalio the founder and chairman of hedge fund Bridgewater Associates added his own scathing critique, arguing in a pointed essay the maneuver indicates Trump is choosing to govern with conflict and towards narrow interests, potentially disrupting his presidency.
- Jack Ma, chairman of Alibaba Group –Breakthrough Energy Coalition investor
Obama interviews Jack Ma at APEC About Climate Change
President Obama lobbed questions at Alibaba founder Jack Ma about climate change today at the Asia Pacific Economic Cooperation (APEC) summit in Manila
Ma told Obama that Alibaba has been diverting 0.3 percentage points of revenues for the past six years towards programs for young people to focus on the environment. He recalled a story when he was 12, he almost drowned in a lake, which is now a dry lakebed.
Ma also said he would accept an offer from Bill Gates to invest in clean energy technology and continue Alibaba’s program.
- Reid Hoffman, founder of LinkedIn –Breakthrough Energy Coalition investor
Reid Hoffman –
Climate change is a global issue that threatens to impact the environmental and economic well-being of people around the planet. To mitigate its long-term impact, we need new, transformative sources of clean, affordable, carbon-free energy production that we can produce at lower costs than today’s dominant energy sources. The innovation required to fuel this transition will only occur through a joint, networked effort between all sectors of society. Governments, academic research institutions, and private investors and entrepreneurs must all play crucial and complementary roles.
That’s why I’m participating in the Breakthrough Energy Coalition alongside Bill Gates, Mark Zuckerberg, Richard Branson, Marc Benioff, John Doerr, Vinod Khosla, Jeff Bezos, Jack Ma, Meg Whitman, Masayoshi Son, George Soros and many other global business leaders. I applaud both Bill’s substantial capital commitment, and the leadership he’s shown in creating a network behind the Breakthrough Energy Coalition.
Our collective commitment: To work with governments around the world to accelerate research and investment in potentially transformative clean-energy technologies. As entrepreneurs and investors, we bring important skills to direct human and financial capital to maximize the chances of breakthrough success.
- Meg Whitman, CEO of Hewlett Packard Enterprise –Breakthrough Energy Coalition investor
Meg Whitman’s climate change strategy
In what may be a risky political move, the GOP candidate for governor has come out strongly against the state’s law on regulating greenhouse gas emissions.
Meg Whitman Tries to Have it Both Ways With California Climate Change Law (Possible Rhino?)
Meg Whitman, the former eBay CEO who is now running as the Republican candidate for governor in California, says she doesn’t want to roll back the state’s landmark greenhouse gas emissions law.
She just wants to cut off its oxygen supply.
In a nuanced position, Whitman said that she does not oppose Proposition 23, a ballot proposition that would roll back AB 32, the greenhouse gas law signed by sitting Republican governor Arnold Schwarzenegger.
Nonetheless, Whitman added that she still wants to suspend it for a year.
- Nat Simons, co-founder of Prelude Ventures –Breakthrough Energy Coalition investor
- Laura Baxter-Simons, co-founder of Prelude Ventures –Breakthrough Energy Coalition investor
Sea Change Foundation: Grants for Climate Change
This is one of the more openly progressive and political funders in the energy and climate space. It mostly, quietly funds the giants of climate change work and maintains a low public profile.
PROFILE: Funded by Nathaniel Simons, the son of hedge fund wizard James Simons and a major Democratic donor, the Sea Change Foundation is broadly dedicated to “achieving meaningful social impact through leveraged philanthropy that addresses the most pressing problems facing the world today.” It funds a wide variety of energy and environmental groups, and has made between $40 million and $55 million in grants in recent years. Donor Nat Simons believes the role of philanthropy in climate change is to bring together disparate stakeholders and facilitate progress. Unfortunately, the foundation’s one-page website offers no information regarding the foundation’s strategies or other pertinent concerns.
Nat Simons and Laura Baxter-Simons
Over time we have learned to appreciate the importance of collaboration in philanthropy. Like most other philanthropic areas, climate change and clean energy policy is profoundly challenging on many levels…Given the sheer scope and myriad of approaches necessary to address climate change, there is a great need for groups to work together and to learn from one another.”
We would like to thank Melinda and Bill Gates, Warren Buffett, and all of the other Giving Pledge members and team for creating such a vital organization and allowing us to be a part of it. We look forward to joining its ranks and learning from so many extraordinary philanthropists. We would also like to thank all of the people and organizations who have been persistently working on climate and clean energy for so long
- Julian Robertson, chairman of Tiger Management –Breakthrough Energy Coalition investor
Video Wars on Climate
Environmental Defense, that is conducting an extensive media-related public awareness effort funded in part by financier Julian Robertson, has a web site with extensive access to video materials, including its own global warming spots.
A Billionaire Investor Joins Republican Clean-Energy Push
Julian Robertson, a top Republican donor and legendary hedge-fund manager, is backing a campaign to push the party’s candidates to support clean-energy policies.
(Remember, Michael Bloomberg is also a Breakthrough Energy Coalition investor)
- Vinod Khosla, founder of Khosla Ventures –Breakthrough Energy Coalition investor
Tony Blair hired by US billionaire Vinod Khosla for climate change advice
Tony Blair has been hired as an adviser on climate change by Californian billionaire Vinod Khosla, the latest in a string of jobs the former prime minister has taken.
Mr Blair said that he believes “entrepreneurs in Silicon Valley and beyond will have a tremendous impact on our environmental future.”
- Patrice Motsepe, chairman of African Rainbow Minerals –Breakthrough Energy Coalition investor
Bill Gates and some of the world’s other richest entrepreneurs will join with governments from both rich and emerging countries on Monday to kick off the Paris climate talks by pledging billions of dollars of investment in clean energy technologies.
Members of the Breakthrough Energy Coalition include Facebook Chief Executive Officer Mark Zuckerberg, Alibaba Chairman Jack Ma, Amazon CEO Jeff Bezos, Ratan Tata, retired chairman of India’s Tata Sons, the holding company of the Tata group, and South African billionaire Patrice Motsepe of African Rainbow Minerals.
White House 2015- Announcing: “Mission Innovation”