The most commonly thought about problem in the whole world is global warming. The climate change has become so rapid that immediate step must be taken to solve this ever growing phenomenon. Now Facebook and Microsoft are teaming up to solve this problem. Today Zuckerberg announced that he and his wife Priscille Chan have launched the Breakthrough Energy Coalition with Bill Gates to invest in zero-carbon energy technology around the world.
Most of the legendary names in technology, for example, Richard Branson, Jeff Bezos, Jack Ma, and Masayoshi Son are the members of the organization. The news of Breakthrough Energy Coalition came just before when the U.N. Climate Control Conference will take place in Paris this week. Also, Bill Gates and U.S. President Barack Obama are expected to unveil a significant new initiative called Mission Innovation, which will work with governments to double public investments in energy research. Many people need to know it first that it was Bill Gates who took the first initiative for clean energy for climate control.
Washington Post said that nineteen countries that have already joined Mission Innovation will increase their annual spending on clean-energy research and development to $20 billion by 2020. Though Mission Innovation and the Breakthrough Energy Coalition are separate programs, but will work together in countries that have committed to reducing carbon emissions.
The goal of BEC is to cover gaps in government funding in countries by commercializing the most promising and scalable ideas to come out of public research institutions. The investments will be flexible and it will give funds in several sectors including electricity generation and storage, transportation, industrial use, agriculture, and energy system efficiency.