Clinton Global Initiative Receives Pledge Allowing It To Increase Commitment To Sustainable Global Development By At Least 50 Per Cent Over Last Year
"British business mogul Richard Branson said Thursday he would invest about $3 billion to combat global warming over the next decade.
Branson, the billionaire behind the multi-platform Virgin brand, said the money would come from 100 percent of the profits generated by his transportation and airline sectors. It will then be invested in efforts to find renewable, sustainable energy sources in an effort to wean the world off of oil and coal.
Branson made the announcement on the second day of the Clinton Global Initiative, an annual conference of business, political, and nonprofit leaders hosted by former President Clinton.
"Our generation has inherited an incredibly beautiful world from our parents and they from their parents," Branson said at a news conference with Clinton at his side. "We must not be the generation responsible for irreversibly damaging the environment."
Clinton praised Branson, calling him one of the most "creative" and "committed" people had ever known.
The commitment ensures that the conference, which brings people together to brainstorm on solutions to global issues, would more than meet its goal of matching last year's efforts. In 2005, the conference received more than $2 billion in pledges." ...
Deepti Hajela "Branson Plans $3B Against Global Warming" Washington Post September 21, 2006
http://www.washingtonpost.com/wp-dyn/content/article/2006/
09/21/AR2006092100674.html
International Coastal Cleanup organized by The Ocean Conservancy.
Clean-up of Assateague Island National Seashore and Chincoteague Island Wildlife Refuge scheduled for Saturday, September 23, 2006.
Chincoteague Island, Virginia/Maryland Marshland, Bird, Fish, and Wild Pony sanctuary.
Photo credit: www.shorebirdworld.org. With thanks.
Branson, the billionaire behind the multi-platform Virgin brand, said the money would come from 100 percent of the profits generated by his transportation and airline sectors. It will then be invested in efforts to find renewable, sustainable energy sources in an effort to wean the world off of oil and coal.
Branson made the announcement on the second day of the Clinton Global Initiative, an annual conference of business, political, and nonprofit leaders hosted by former President Clinton.
"Our generation has inherited an incredibly beautiful world from our parents and they from their parents," Branson said at a news conference with Clinton at his side. "We must not be the generation responsible for irreversibly damaging the environment."
Clinton praised Branson, calling him one of the most "creative" and "committed" people had ever known.
The commitment ensures that the conference, which brings people together to brainstorm on solutions to global issues, would more than meet its goal of matching last year's efforts. In 2005, the conference received more than $2 billion in pledges." ...
Deepti Hajela "Branson Plans $3B Against Global Warming" Washington Post September 21, 2006
http://www.washingtonpost.com/wp-dyn/content/article/2006/
09/21/AR2006092100674.html
International Coastal Cleanup organized by The Ocean Conservancy.
Clean-up of Assateague Island National Seashore and Chincoteague Island Wildlife Refuge scheduled for Saturday, September 23, 2006.
Chincoteague Island, Virginia/Maryland Marshland, Bird, Fish, and Wild Pony sanctuary.
Photo credit: www.shorebirdworld.org. With thanks.
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