Your browser is not supported for the Live Clock Timer, please visit the Support Center for support.

Clean jet fuel should be more like a microwave oven

CNM Environment Series

  •  Bill Gates 

Many clean energy innovations available today – like wind, solar, and lithium-ion batteries – are starting to compete with the emissions-intensive technologies they were designed to replace. After decades of research, development, demonstration, and deployment, these technologies are now cheap enough for productive markets to help them get to scale.

We can’t wait decades for the next generation of clean technologies to become competitive with fossil-fuel incumbents. Meeting our climate goals and reaching net-zero emissions by 2050 means transforming our entire physical economy, and that will require accelerating the innovation pipeline at an unprecedented pace. We have to invest heavily now to bring down the costs of critical clean technologies. And we need to build the creative financing structures that will help them develop and deploy more quickly. That’s why we’ve launched Catalyst. We’re working with partners across the public and private sectors to provide a platform for rapidly commercializing emerging technologies. Through a creative, blended financing approach, Catalyst will make targeted investments into clean technology projects to significantly decrease the price of new clean products, increase their availability in the market, and demonstrate how to finance the infrastructure of decarbonization at scale.

Catalyst will start by focusing on four critical technologies for decarbonization:

  • Direct air capture (DAC)
  • Green hydrogen
  • Long-duration energy storage (LDS)
  • Sustainable aviation fuel (SAF)

These clean innovations have already proven their potential at a small scale, but right now, the timelines to go to commercial scale are still way too long. They are at the critical moment where an influx of capital can turn them into viable commercial products much more quickly.

Catalyst is jumpstarting this process by raising money from philanthropists, governments, and companies looking for ways to transition to cleaner business models. We will use a blended financing facility to make the large capital investments needed to bring down the cost of these emerging technologies and help businesses negotiate agreements with suppliers by buying down any remaining extra cost associated with the clean product. (We call this the Green Premium). We expect investments in these early commercial projects will help technologies mature to the point where private markets and public policy will bring them to scale.

Bill signature

More News from Cnm stories

Prayaga Martin to grace the much-awited wedding sequence in “Manampole Mangalyam”

CNM Entertainment Desk  The popular serial of Zee Keralam channel, Manampole Mangalyam is ready to give a visual treat for the audience.The serial will soon air the most awaited wedding ceremony of Meera and Aravind Raja with some great nail-biting twists and turns . The show, which restarted after a break due to the lockdown […]

Anna Ben and Sunny Wayne starrer Malayalam romantic comedy:watch trailer here

  CNM  Movie Reporter Adding to the roaster of diverse and exciting Malayalam films, Amazon Prime Video today announces its latest direct-to-service offering – an unconventional romantic comedy Sara’s starring popular actors Anna Ben and Sunny Wayne. Directed by Jude Anthany Joseph and co-produced by P.K Murali Dharan and Santha Murali, Sara’s is a story of young […]

Crime thriller ‘Cold Case’ ; song Eeran Mukil released

CNM Movie Reporter The murder and mystery witnessed in the trailer of Cold Case has already built high anticipation among film fans for the much-awaited investigative crime thriller. To give a wider glimpse of this riveting plot starring Prithviraj Sukumran and Aditi Balan, Amazon Prime Video today released a promo of a beautiful song , […]

Recent News


IM Kozhikode and India Post come together to release special commemorative postal cover to mark institute Silver Jubilee

 Director IIMK also dedicates ‘Gurukul’ learning center and new website to institute stakeholders CNM Education Reporter To mark an epoch-making twenty-five years of the journey of IIM Kozhikode, the country’s premier government B-School, India Post (Department of Posts, Govt. of India) and IIM Kozhikode together released a commemorative ‘Special Cover’, here at the Institute premises […]

IIM Kozhikode climbs two spots to attain career best rank 4 in NIRF 2021 Management Rankings

Mumtaz Begum,CNM Education  Making its Silver Jubilee Year all the more special, IIM Kozhikode has attained rank 4 in the coveted NIRF India Rankings 2021 released today by the Ministry of Education. The National Institutional Ranking Framework (NIRF), introduced by the Ministry of Education since 2015, outlines a methodology to rank institutions across the country, […]

September 9, 2021

NEET UG 2021 admit card released

CNM Education Reporter The National Testing Agency (NTA) has released NEET UG 2021 admit card.The applicants can download their admit cards from:    

September 7, 2021

More News