Riding Virgin on Biofuel?

[Red Herring] British billionaire Richard Branson said on Monday his Virgin Group hopes to produce clean biofuels by around the start of the next decade and early next year will test a jet plane on renewable fuel. Virgin hopes to provide clean fuel for buses, trains, and cars within three or four years, Branson told a Mortgage Bankers Association meeting in Boston. In the meantime, Virgin will be conducting a test jet flight on renewable fuels. “Early next year we will fly one of our 747s without passengers with one of the fuels that we have developed,” Branson told the annual conference.
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