The European Union and an energy investment programme founded by Bill Gates plan to raise up to $1 billion to roll out the low-carbon technologies Europe is betting on to meet its climate change goals. The partnership would see Gates-founded Breakthrough Energy use private capital and philanthropic funds to match funding provided by the EU.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
The aim is to together provide up to 820 million euros, or $1 billion, from 2022 to 2026. Support will target hydrogen produced from renewable energy, sustainable aviation fuels, technology to suck CO2 out of the atmosphere, and long-duration energy storage. Those technologies are seen as critical to slashing emissions from sectors like heavy industry and aviation but remain too expensive to scale up without support and compete with cheaper fossil fuel alternatives.
Important takeaways for all competitive exams:
Senior BJP leader Suvendu Adhikari was formally elected as the new Chief Minister of West…
India has taken many important steps to support mothers and their babies. From pregnancy to…
Defence Research and Development Organisation (DRDO) and the Indian Air Force (IAF) successfully carried out…
Apaar Saxena has earned the prestigious International Master (IM) title after achieving all three required…
Motherhood is not just about caring for children - it is also about strength, courage…
International Olympic Committee (IOC) has lifted its restrictions on Belarusian athletes ahead of the Los…