Word: ceo
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...Down the line, say Branson and Imperium Renewables CEO John Plaza, biofuel producers are more interested in jatropha, a thorny plant that grows well on non-agricultural land in Latin America and Africa. They're also interested in farming algae, which Branson calls "the jet fuel of the future." Development of those feedstocks does look promising, but commercial mass production is still years off. And getting regulatory approval for the new jet fuel could take several years as well. So if biofuel ever takes off in aviation, it will likely be a decade before it has any noticeable impact...
...Dreamliner, once it's finally shipped out to its buyers, is expected to burn 20% less fuel than similar-sized planes - and that plane will be in commercial use in just a few months. As priorities go in aviation sustainability, "Right now [biofuel] will be very low," Virgin Atlantic CEO Steve Ridgway tells TIME. But with fears that the days of oil are numbered, it only makes sense that a business would try to diversify its raw materials in the long term. And cutting overall industry emissions will be no easy task if demand for flights continues to grow...
...Myung Bak, former CEO of Hyundai Engineering and Construction, one of South Korea's largest construction companies, has built everything from churches in his homeland to roads in Thailand. After being sworn in Monday as South Korea's new President, he's about to undertake another big job: shoring up the country's economy...
...have several factors in his favor, however. While South Korea's last two Presidents were well-known pro-Democracy activists before they moved into the Blue House, Lee is a conservative businessman: he's the country's first CEO commander-in-chief. While he was mayor of Seoul, Lee became known for thinking big. One of his celebrated projects was the removal of an espressway that ran through the heart of the capital in order to restore a six-mile-long stream. He has a more ambitious vision for the country. Lee says he wants to put in place programs...
...picking up enough seats to control the assembly, citing as evidence the outcome of December's elections in which many liberal candidates were defeated. Says Cheong Inkyo, an economics professor at INHA University in Incheon: "The people have already indicated they want a change." South Korea's first CEO President says he'll deliver...