Bill Gates is investing $2 billion in renewable technology over the next five years
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Speaking to the Financial Times, Gates says that he is already investing in early-stage companies that are working on battery storage, next-generation nuclear, solar-chemical power, high-wind power, and free air carbon capture, amounting to around 45 companies both directly and indirectly.
He believes that the onus falls on the government to spur greater innovation, saying that investment in green technology "should be like the Manhattan Project and the Apollo Project in the sense that the government should put in a serious amount of R&D."
At the same time, Gates is unwilling to divest from fossil fuel companies - including BP - remarking that he "doesn't see a direct path between divesting and solving climate change."