Eco-Extremist Bill Gates Gets $100M to Fight ‘Climate Crisis’ from Fossil Fuel Investment Giant BlackRock
Joseph Vazquez
September 23rd, 2021 10:47 AM
One of the world’s richest practitioners of eco-hypocrisy is getting tens of millions in funding from a fossil fuel investment giant for his climate change fight.
Liberal billionaire Bill Gates has reportedly secured over $1 billion in funding for his Breakthrough Energy Catalyst (BEC) project. The project is dedicated to accelerating “the commercial viability of four key solutions to the climate crisis: green hydrogen, sustainable aviation fuel, long-duration battery storage and carbon capture from the air,” according to Bloomberg News.
One of the top financiers for the project is none other than investment giant BlackRock, “the world’s largest investor in fossil fuels,” as characterized by The Australian Financial Review. BlackRock is giving the Gates project $100 million from its charitable arm, according to Bloomberg News. But here’s the kicker: After the BEC supplies the cash needed to get its eco-projects off the ground, Bloomberg News said, “debt financing and government funds can be raised to cover the remaining 90% of the cost.” This means taxpayer dollars will inevitably be sucked in to pay for the green pipe dreams of Gates. [Emphasis added.]
https://www.newsbusters.org/blogs/business/joseph-vazquez/2021/09/23/eco-extremist-bill-gates-gets-100m-fight-climate-crisis
