In March, Bill Gates’ Breakthrough Energy organization disbanded its energy policy team, cutting dozens of staff. Now, some of them have founded a new organization, the nonprofit clean economy project,
Similar for decisive energyThe organization is betting that clean energy can beat fossil fuels on cost, if not today, then in the near future.
According to the New York Times, Gates left Breakthrough’s lobbying group after deciding it would not make much progress with the Trump administration. report in March.
CleanEcon, as it is informally called, is backed by an undisclosed group of more than 10 funders that includes philanthropists and venture capitalists. The team, which has 10 members, says it has three goals: “to build energy projects faster; accelerate innovation to lower costs; and de-risk private investment in clean industries,” it said in a press release.
Alia Haq, who was vice president of U.S. policy and advocacy at Breakthrough Energy for nearly six years, is president of the organization.
