Bill Gates’ old climate lobbyist has launched a new company

Last March, Bill Gates’ organization Breakthrough Energy disbanded its energy policy team, laying off dozens of employees. Now, some of them have founded a new organization, the non-profit organization Clean Economy Project.

similar To breakthrough energyThe organization is betting that clean energy can outperform fossil fuels in terms of cost, if not today then in the near future.

Gates fired Breakthrough’s lobbying group after deciding it wouldn’t make much headway with the Trump administration, according to the New York Times a report In March.

CleanEcon, as it is informally called, is backed by an undisclosed group of more than 10 funders including philanthropists and venture capitalists. The 10-person team says it has three goals: “Build energy projects faster; accelerate innovation to reduce costs; and de-risk private investment in clean industries,” a press release said.

Alia Haqq, who was vice president of U.S. policy and advocacy at Breakthrough Energy for nearly six years, is the organization’s president.