Tina Casey reports that the intertubes have been buzzing with news of the Breakthrough Energy Coalition, the latest venture by U.S. billionaire and Microsoft founder Bill Gates. Introduced earlier this week at the COP21 Paris climate talks as a companion to the equally newsworthy Mission Innovation initiative, the new coalition harnesses the dollar power of the billionaires to accelerate the clean-energy revolution. If your definition of clean energy includes nuclear energy, then you have a lot to cheer about because that seems to be a main focus of the Breakthrough Energy Coalition interest.
Bill Gates is a co-founder and current Chairman of the innovative nuclear energy company TerraPower. The Washington State-based company launched in 2006 and although the U.S. is unlikely to prove fertile ground for nuclear energy investment in large plants in the near future, small nuclear reactors (SMRs) are being built for the U.S. and TerraPower is already well on its way to putting down stakes in China, an effort that will turn dividends back in the U.S. soon.
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