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Article

21 Sep 2006

Author:
BBC

Branson makes $3bn climate pledge

Sir Richard Branson is to invest $3bn (£1.6bn) to fight global warming. The Virgin boss said he would commit all profits from his travel firms, such as airline Virgin Atlantic [joint venture Virgin Group & Singapore Airlines] and Virgin Trains, over the next 10 years...The funds will be invested in schemes to develop new renewable energy technologies, through an investment unit called Virgin Fuels.