INSIDE LOOK AT THE CLEAN ENERGY COALITION
It ’ s expected this will bolster governmental assistance in renewables , such as solar and wind energies , to $ 20 billion .
Earlier this year , Gates announced he would invest $ 1 billion of his private fortune in clean energy over the next five years . The Microsoft founder has also talked about energy poverty in recent years , suggesting that some of the investment could go to distributed solutions that bring modern energy access to the more than one billion people who live without it .
With off-grid solar solutions have begun to proliferate and become a profitable business , the time is now .
According to Gates , the world will use 50 per cent more energy by the middle of this century than it does today ; however , this is still problematic because most of this energy will be derived from fossil fuels such as coal and oil .
“ The renewable technologies we have today , like wind and solar , have made a lot of progress and could be one path to a zero-carbon energy
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