Obama, Gates To Lead Major Effort To Spur Spending on Climate Research

"As world leaders converge on Paris for historic climate talks, a coalition of governments and private investors is preparing to launch major research initiatives that seek to pour billions of dollars into an urgent search for solutions to global warming.

President Obama and Microsoft founder Bill Gates are expected to stand with counterparts from more than 20 countries on Monday in announcing the unprecedented efforts, which are aimed at spurring rapid advances in research and development for clean energy, U.S. officials confirmed Sunday.

Nineteen governments, including the United States, China and India, will join in a “Mission Innovation” initiative that commits governments to a doubling of public investments in basic energy research over the next five years, Obama administration officials said."

Joby Warrick reports for the Washington Post November 30, 2015.