Thursday, September 21, 2006

Bloomberg.com: U.K.

Bloomberg.com: U.K.: "Sept. 21 (Bloomberg) -- Richard Branson, the U.K. billionaire who controls Virgin Group Ltd., said he will contribute $3 billion over 10 years to combat global warming.
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``Al Gore came to my home in London and said, `You are in a position to make a difference, and if you make a giant step forward, other people will follow,''' Branson said.

Gore, the former U.S. vice president under Clinton, is a leading proponent of measures to reduce the emission of climate- changing pollutants and use more kinds of renewable energy.

Virgin is working to power its Virgin Air planes using renewable energy, he said. Earlier this month, Branson announced the creation of Virgin Fuels and said he would investment as much as $400 million to fund renewable-energy projects to reduce dependence on traditional fuels.

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