Philadelphia-based CityRyde are introducing a platform to facilitate the exchange of carbon credits between bike-sharing agencies and carbon producers, reports Greater Greater Washington.
What the guys at CityRyde (a competitor of MetroBike, the consultants implementing Capital Bikeshare) are proposing to do is to enable bike-sharing agencies to sell--on existing carbon markets--offset credits based on the CO2 saved by their clients who cycle rather than drive. According to CityRyde founders Timothy Ericson and Jason Meinzer, a bike-sharing operator could net a million dollars a year (or more) from selling on the voluntary market the carbon credits earned by its customers using their Inspire system.
Original source: Greater Greater Washington
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