Extract Greenhouse Gases and Get Rich

Virgin Group chairman Richard Branson will pay $25 million prize to the first scientist who comes up with a system for extracting greenhouse gases from the atmosphere.

$975,000 is the fine that companies would pay for causing environmental disasters, under a new law proposed in the European Parliament.

(Source: Time Magazine)

Technorati tags: Virgin Group, Richard Branson, Greenhouse Gases, Prize

Dying fishes

1/3 portion of the 150 species of fish once found in China’s Yellow River are now believed to be extinct from the effects of industrial pollution and overfishing.

155 million people depend on the Yellow River as their major source of water.

(Source: Time Magazine)

Global demand for energy

There is an estimated increase of 53% in global demand for energy – mostly fossil fuels – by 2030. Developing nations, primarily China and India, are responsible for 70% of that growth. (Source: Time Magazine)

Reef from tires?

2 million tired were dumped by Florida officials into the Atlantic in 1972 to seed an atificial reef, which never formed. The loose tires are now damaging real coral reefs (SOURCE: Time Magazine)