Virgin Air Wants to Become a Green Airline
Virgin Air's Sir Richard Branson wants to become green by taking into account the energy use and corresponding carbon output from air travel.
"... we must rapidly wean ourselves off our dependence on coal and fossil fuels. Our generation has the knowledge and the financial resources and, as importantly, the willpower to do so."
from: Richard Branson, Clinton Global Initiative, September 2006.
"Virgin Fuels has been created to invest in new products and technologies that will help reduce CO2 emissions and slow global warming. Our aim is to become a leading player in the global renewable energy sector."
To halp achieve this ... Virgin has stakes in 4 bio-fuels companies:
Cilion | California, USA
- "Formed in June 2006 to build and operate ethanol plants that will be cheaper and greener than standard corn to ethanol plants ...plans to build seven plants by 2009 with a total of 440 million gallons per year capacity"
VBV | A joint venture with Bioverda (wholly owned subsidiary of NTR)
- "Origination strategy for ethanol with five plants strategically located in the US mid-west ...future strategy to move into other geographies (other US, UK and Europe) and other sectors (such as bio-diesels)".
Ethanol Grain Processors | Tennessee, USA
"Ethanol Grain Processors LLC (EGP) has plans to construct a 100 million gallon per year corn-to-ethanol plant in Obion, Tennessee; construction to start Q1 2007".Indiana Bio-Energy | Indiana, USA
- "Indiana Bio-Energy LLC (IBE) plans to construct a 100 million gallon per year facility"
Via: Virgin Fuels.Com Link