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article imageBranson Pledges $3 Billion to Fight Global Warming

By Allan     Sep 21, 2006 in Business
Sir Richard Branson has pledged three billion dollars (£1.6 billion) towards renewable energy initiatives, saying business had a duty to future generations.
I love this guy -- he actually does something useful with his money.
Using money from Virgin empire's airline and train businesses, Branson says he's going to dish out $3 billion to research and develop fuel alternatives. Normally I would call this a PR stunt, but the guy might actually make a difference, and he's putting enough money behind it to make it worthwhile.
He said: "What we've decided to do is to put any dividends, any profits, any shares, sales from those businesses, into tackling environmental issues."
Good article. Worth the read.
More about Branson, Richard branson, Virgin, Global warming
 
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