NY Port Authority To Hawk Carbon Credits

October 24, 2008

Email this story Print this post Add your comments

The Port Authority of New York and New Jersey will start selling carbon offsets in early 2009. The measure was recently approved and the Port Authority will pay five companies a total of $2.5 million to set up a carbon offset program for the agency, New York Times reports.

People can buy credits to offset their carbon emissions from a Web site which will be activated early next year.

The move is the first of its kind in the U.S. by a toll-collecting agency, and is part of the Port Authority’s plan to become carbon neutral by 2010 and reduce its GHG emissions by 80 percent by 2050.

In September, New York City passed legislation requiring commercial establishments to keep their doors closed when operating air conditioning systems.

In an attempt to be more environmentally friend, New York City Mayor Michael Bloomberg proposed that wind turbines be installed on top of the city’s skyscrapers and bridges.

The city has also issued an RFP for private solar developers to purchase, install, own and maintain solar panels on city-owned buildings in all five boroughs as part of PlaNYC

Email this story Print this post Add your comments

Advertisers

Stay competitive through sustainability.

Find out how at the SAP Sustainability Resource Center. >>

Unclear about the EPA's new GHG Rule?

Learn how it could affect your business. >>

EPA mandatory emissions reporting starts Jan 1st

CSA Standards can help your organization get ready for compliance. Find out how. >>

Survey Results: Product Environmental Compliance Best Practices

How to achieve compliance at a significantly lower cost. Download the full report. >>

Join the Discussion

Recent Daily News [ see all ]

11/20/2009
11/19/2009
11/18/2009

Charts [ see all ]

European Paper Industry Cuts CO2 Emissions by 42% since 1990

S. America Takes Most Urgent View of Copenhagen Talks

Nike Tops Annual Climate Action Scores

Oceans May Trap more Carbon than Forests

Jobs

View All Jobs >> Post a Job >>

Comments and Discussions

Trade Association on Trade Group on EPA Chemical Regs: ‘If Everything is a Priority, Then Nothing is a Priority’
"Seriously… that..."

Gary Markowitz on Supermarkets Tackle Emissions Reductions, Fuel Efficiency
"Supermarkets waste over 10 percent of their energy through improper..."

peter in ireland on Ontario May Follow California’s Lead on TV Energy Efficiency
"Governor Schwarzenegger is shooting himself in the foot! 1...."

Environmental Leader on S. America Takes Most Urgent View of Copenhagen Talks
"The survey respondents (the PDF report mentions 4,000 respondents in 38..."

Jake on UPS Trying New Hydraulic Hybrid Trucks
"A point of clarification: the Reuters press release referenced herein reports that 20 UPS will purchase..."

Custom Organic Shirts on S. America Takes Most Urgent View of Copenhagen Talks
"90% of North Americans believe it is urgent to get a global climate..."

peter dublin on California City’s Green Building Ordinance Applies to Commercial Buildings
"Why energy efficiebnt regulation on buildings –..."

Environmental Leader