Report: Bill Gates funds climate, energy research

C|Net | at | by Mike

Bill Gates has been providing millions of dollars to fund academic research in energy and climate, some of which touches on geoengineering, or manipulating Earth's natural systems to counteract global warming.

Citing atmospheric scientist Ken Caldeira, Science Magazine's online blog on Tuesday reported that Gates has put at least $4.5 million of his own money over the last three years into university research.

Caldeira, who is an advocate for research in geoengineering, serves as an adviser in how the money should be dispensed. Caldeira also works for Intellectual Ventures, an investment and intellectual property licensing company founded by Nathan Myhrvold, the former chief technology officer at Microsoft. Myhrvold and Gates have funded a company called TerraPower, which is trying to develop a breakthrough in nuclear power.