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Sir Richard Branson announces $25 Million Virgin Earth Challenge Prize

Feb 9 2007, 8:29am CST | by

Sir Richard Branson announces $25 Million Virgin Earth Challenge Prize
 
 

Sir Richard Branson is saving our planet by announcing a $25 million prize for the person who comes up with a way to reduce carbon gases in our atmosphere.

There are rules. You need to find a solution that is able to remove one billion tons of carbon gases a year from the atmosphere for 10 years.

I like billionaires that do stuff like this. $25 million should be motivation enough to motivate some scientists to try to solve the first planet earth engineering for the good. Owning an airline (planes generate enormous amounts of carbon dioxide), Richard Branson also announced a new Virgin Fuels business, which is to invest up to $400 million in green energy projects in the next three years.
More details about the Virgin Earth Challenge can be found on this site.

Via MSNBC. Photo by AP. See also our new I4U NEWS UK edition at uk.i4u.com.

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.

 

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