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Originally posted by nowthenlookhere
Call me a bit cynical, but "investing" in alternative fuels may not be such a charitable gesture, even though it has good consequences. Many investors see the alternative energy field (biofuels, fuel cells, clean fuels etc) as one of the most lucrative over the coming years. If successful, Branson could make a LOT of money.
Of course I may be reading it wrong.. but I suspect he isn't just "giving away" profits. Other shareholders (including singapore airlines, who own 49% of virgin atlantic for example) would have something to say about that!
Originally posted by solidshot
Everybodies entitled to their own opinion, and yes the earth does have a history of going through cycles of extreme heat/cold, but the difference is in the speed at which the change is occuring at this moment in time.
Originally posted by JIMC5499
Well when you have as much money as Branson you can afford to waste $3 billion of it. I don't believe in the Global Warming theory. I do believe that there is a naturally occurring cycle of increased and decreased temperatures that has been going on for millions of years. We just happen to be at the start of a warming cycle, or is it the peak of a warming cycle? This entire Global Warming issue is what you get when science is politicized. The viewpoint has already been established, anything supporting this viewpoint is good, no matter how bad or inaccurate it is, and anything disagreeing with this viewpoint is automatically evil, no matter how accurate it might be.
Originally posted by gps777
A guy here in Australia grows trees over one hectare that produces 12.000 litres of bio fuel a year,which each tree produces 40litres a year,so around about an average driver would need about a tree a week or 52 approx tree`s to run their diesel.
Environmentally with all the trees being raped,if these were replaced it would have to be a bonus for the environment and farmers who could produce their own fuel or sell the product.