BRANSON'S £1.6BN BID TO SAVE WORLD
Date: Friday, September 22, 2006 @ 23:50:16 UTC
Topic: General


22 September 2006/ http://www.mirror.co.uk/news
He will bankroll crusade for new energy sources
By Ryan Parry, Us Correspondent

TYCOON Sir Richard Branson vowed to give £1.6billion to combat global warming yesterday.

The money, which will be invested over the next decade, will come from profits at his travel firms, such as Virgin Atlantic airline and Virgin Trains.

This will be ploughed into finding renewable, sustainable energy sources.



Virgin boss Branson warned: "We must rapidly wean ourselves off our dependence on coal and fossil fuels."
...

Speaking in New York, Branson said last night: "The world is spiraling into disaster. Airlines produce two per cent of the world's CO2.

"We'll direct any dividends and share proceeds into setting up a company to research clean fuels and alternative fuels for planes, cars, trains and lorries.

...

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