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Green business: Virgin territory.

Chemical Business Newsbase

| September 30, 2006 | COPYRIGHT 2000 Elsevier Engineering Information, Inc. (Hide copyright information)Copyright

(From Chemical Business NewsBase - Economist)

Sir Richard Branson is to reinvest profits from his Virgin airline and train transport operations into developing alternative energy sources. In addition to the construction of biofuel plants in the US, Virgin is to spend about $3 bn until 2015 on the development of environmentally friendly energy sources. In the UK, air traffic accounts for around 5.5% of carbon dioxide emissions. Carbon …

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