Climate Group Controlled By Bill Gates Hit By Layoffs
by Tyler Durden
Thursday, Mar 13, 2025 - 07:45 AM
Breakthrough Energy, the umbrella organization for Bill Gates' climate change programs, slashed its grantmaking budget last month and has begun laying off US and European workers. This comes as the Trump administration shifts its focus away from inflation-driving (also de-growth) and unreliable green technology, instead boosting proven fossil fuel power and investments. It also coincides with Elon Musk's DOGE dismantling USAID.
Decarbonization news website Heatmap reported one month ago that Breakthrough Energy began reducing its grantmaking budget and "alerted many nonprofit grantees earlier that it would not be renewing its support for them."
"This pullback will not affect Breakthrough's $3.5 billion climate-focused venture capital arm, Breakthrough Energy Ventures, which funds an extensive portfolio of climate tech companies," Heatmap said, adding, "Breakthrough's fellowship program, which provides early-stage climate tech leaders with funding and assistance, will also remain intact, a spokesperson confirmed."
https://www.zerohedge.com/political/climate-group-controlled-bill-gates-hit-layoffs
