..Does soemone wany to give Branson the heads up on JPR, may explains why Gander was in Singapore. I can only wish.
Branson commits profits to fight global warming
British billionaire Sir Richard Branson has committed to spending all the profits from his airline and rail businesses, an estimated $US3 billion over the next 10 years, on combating global warming.
The Virgin Group chairman says the money will be spent on renewable energy initiatives within his company and on investments in bio-fuel research, development, production and distribution, as well as projects to tackle emissions contributing to global warming.
"We have to wean ourselves off our dependence on coal and fossil fuels," the flamboyant 56-year-old entrepreneur said.
"Our generation has the knowledge, it has the financial resources and as importantly it has the will power to do so."
Sir Richard, who is known as much for his daredevil stunts as his business, unveiled his plan at a news conference at the Clinton Global Initiative, a summit run by former US president Bill Clinton to combat world problems.
"Richard's commitment is groundbreaking not only because of the price tag, which is phenomenal, but also because of the statement that he is making: clean energy is good for the world and it's good for business," Mr Clinton said.
The pledge comes one day after the Bush administration said it was committing $3 billion to climate technology research and development.
Climate experts and members of Congress have criticised the administration's plan as long-delayed and inadequate.
Most international experts say emissions of greenhouse gases, mainly from burning fossil fuels in power plants, factories and cars, are the primary cause of a 0.6 degree Celsius rise in temperatures over the past century.
A dwindling group of scientists say the dominant cause of warming is a natural variation in the climate system, or a gradual rise in the sun's energy output.
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