Branson commits $3 billion to fight global warming

Billionaire British businessman Richard Branson is committing $3 billion over the next 10 years to combating global warming. "We are very pleased today to be making a commitment to invest 100 percent of all future proceeds to the Virgin Group from our transportation interest, both our trains and airline businesses, into tackling global warming," Branson told a news conference at the Clinton Global Initiative in New York.

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