Gore, Branson Announce Climate Prize
Former VP, British Tycoon Team Up On "Global Challenge" To Give $25M To Global Warming Innovator
LONDON, Feb. 9, 2007
Sir Richard Branson , left, throws a globe into the air watched by former U.S. Vice President Al Gore, right, at a presentation to announce the Virgin Earth Challenge, in London, Friday Feb. 9, 2007.
(CBS) Former presidential candidate Al Gore has joined forces with the British financial heavyweight Sir Richard Branson to offer up a $25 million reward to inspire innovations in the field of combating climate change.
In an exclusive London interview with CBS News Early Show co-anchor Harry Smith, Gore said: "What we are facing is a planetary emergency. So some things you would never consider otherwise, it makes sense to consider."
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Branson, chairman of the wildly successful Virgin Group, said the prize will go to whoever comes up with the most innovative way of sucking harmful greenhouse gases out of the atmosphere.
"The Earth cannot wait 60 years. We need everybody capable of discovering an answer to put their minds to it today," Branson said at the news conference. "The Earth cannot wait 60 years."