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Bill Gates Pledges $1.5B For Climate Change
Description
Microsoft’s co-founder and former CEO Bill Gates offers to provide $1.5 billion for projects to slow greenhouse gas emissions if President Joe Biden’s infrastructure plan passes through the U.S. Congress. The $1.2 trillion infrastructure bill cleared the Senate in a 69-30 vote this week and needs to get the House of Representatives’ approval before going to the White House for the president to sign it into law. Part of the bill allocates $25 billion to the Department of Energy for developing technologies designed to lower the carbon emissions that fuel climate change. Gates added that if the infrastructure bill fails to pass, he will shift the $1.5 billion he pledged to climate-focused projects in Europe and Asia.
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