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Billionaire Offers $25M Prize to Fight 'Warming'
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| Contributor | RP |
| Last Edited | RP Feb 09, 2007 04:35pm |
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| Category | Announcement |
| Media | Newspaper - Washington Post |
| News Date | Friday, February 9, 2007 02:55:00 PM UTC0:0 |
| Description | British billionaire entrepreneur Richard Branson, with former vice president Al Gore at his side, on Friday offered a $25 million prize for anyone who can come up with a way to blunt global climate change by removing at least a billion tons of carbon dioxide a year from the Earth's atmosphere.
Branson, saying that the "survival of our species" is imperiled by current environmental trends, said the prize was similar to cash inducements that led to some of history's most notable achievements in navigation, exploration and industry.
"I believe in our resourcefulness and in our capacity to invent solutions to the problems we have ourselves created," said Branson, who has already pledged to invest $3 billion in profits from his transportation companies, including Virgin Atlantic Airlines and Virgin Trains, to fighting global warming. |
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