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Bill Gates and friends try to save the world

This will be interesting to watch. For years Bill Gates has been saying that the climate change issue has a (conceptually) simple solution: search for technology that makes energy sources cheaper than carbon-based energy. Then the market will take care of replacing the good with the bad. All it takes is 100 or so well funded research projects, or enough projects to bring the chances of success close to a certainty.

Now he's organized his chance to pursue that strategy. He's organized base funding from both government and private sources to fund research and deployment. Roughly speaking $20B from government for basic research, and a matching amount for related commercial investments.

Here are some links for details:

Source websites, put up by the initiative:

A somewhat critical review from Joe Romm: