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SIR RICHARD BRANSON AND AL GORE ANNOUNCE A $25 MILLION GLOBAL SCIENCE AND TECHNOLOGY PRIZE

Today, Sir Richard Branson and Al Gore announced the setting up of a new Global Science and Technology prize - The Virgin Earth Challenge - in the belief that history has shown that prizes of this nature encourage technological advancements for the good of mankind.

The Virgin Earth Challenge will award $25 million to the individual or group who is able to demonstrate a commercially viable design which will result in the net removal of anthropogenic, atmospheric greenhouse gases each year for at least ten years without countervailing harmful effects. This removal must have long-term effects and contribute materially to the stability of the Earth's climate.

The timing of this announcement of The Virgin Challenge was particularly apt given the recent findings of the Intergovernmental Panel on Climate Changes, which last week announced that temperatures on earth could increase by as much as 6.4C by the end of this Century.

Visit the Virgin Earth Challenge website

SIR RICHARD BRANSON AND AL GORE ANNOUNCE A $25 MILLION GLOBAL SCIENCE AND TECHNOLOGY PRIZE

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