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Richard Branson Slams Rio, Backs Greenpeace


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Richard Branson has lent his name and directed his profits to the search for carbon-light business models. Virgin Airlines is developing biofuels. The Carbon War Room works with industry to identify market opportunities that can make money and reduce greenhouse gas emissions. At the UN Rio+20 Sustainability Summit, he signed on his support to a Greenpeace call banning Arctic oil drilling. I caught up with him at the world green summit, one of dozens of side events that have sprouted up around the UN's Rio+20 Summit.

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I think they should stop subsidizing fossil fuel. However, even though it wouldn't be necessary, I bet the price of gas would go up. I also don't think they should use corn to make ethanol. With the ever growing population food and farm land should be used to feed people.

I am glad some companies are trying to come up with a alternative to oil. The day will come when its way too expensive for your average person then shortly afterwards it will finally all be gone.

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I respect Richard Branson. Sooner or later we need to move away from fossil fuels.

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