Tuesday, 1 December 2015

Tens of billions promised for clean energy tech development

Government and business leaders plan to spend tens of billions of dollars in the next five years to develop clean energy technology in efforts to fight global warming, an official and a former official have told The Associated Press.

The initiative, which will be announced at the opening of the UN climate summit, involves Microsoft founder and philanthropist Bill Gates, President Barack Obama and French President Francois Hollande, according to a French official and a former US official who weren't authorized to talk on the record.

France, the US, India, South Korea, Saudi Arabia, Australia, Canada and Norway have already decided to participate in the "ambitious" project that will aim at developing clean energies, the French official said.


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