Branson Donates Billions To Battle Global Warming
British tycoon SIR Richard Branson is to donate circa $4.3 billion (GBP2.4 billion) to fight climate change. The Virgin boss yesterday (20SEP06) confirmed he plans to divert all profits from the company's air and train businesses over the next decade towards finding alternative energy methods to coal and oil. Speaking to an audience, including former US President Bill Clinton, at a Global Initiative summit in New York, he said, "Our generation has inherited an incredibly beautiful world from our parents, and they from their parents. "We must not be the generation responsible for irreversibly damaging the environment."