Bill Gates Excited About Senate Deal On Clean Energy But….

Zinger Key Points
  • Bill Gates welcomes the deal brokered between Senators Schumer and Manchin last week
  • He is optimistic of U.S. delivering a clean energy future

Senate Majority Leader Chuck Schumer and Democratic Sen. Joe Manchin (D-WV) agreed last week to vote on the “Inflation Reduction Act of 2022,” which also includes provisions for furthering clean energy.

Reacting to the development, billionaire Bill Gates said on Twitter last week that he is “really excited” to see the two senators coming together for what could be an “historic step forward for the climate.” He expressed his view by quote-tweeting a tweet by Breakthrough Energy, which was established by Gates and a coalition of private investors in 2015 to act against the impact of accelerating climate change.

“Congress just released a historic policy framework that if signed into law will enable critical climate technologies to rapidly scale and help to build the foundation of the clean energy economy,” the Twitter handle of Breakthrough Energy tweeted.

As a threaded reply to his own tweet, Gates said Congress needs to act quickly. He expressed optimism about the U.S. delivering a clean energy future.

Related Link: What Does The New Senate Deal Mean For Tesla, Toyota And Other Automakers?

The Microsoft Corporation MSFT co-founder, however, cautioned that there’s no time to waste.

Gates has been a staunch supporter of initiatives to tackle climate change. He has also penned a book titled “How To Avoid A Climate Disaster,” wherein he discusses measures to speed up efforts to reach net-zero greenhouse gas emissions.

Last year, Gates promised to contribute $1.5 billion for projects to slow greenhouse gas emissions if President Joe Biden’s infrastructure plan passes through Congress.

Photo: Courtesy of OnInnovation on flickr

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!