Article: Abu Dhabi's Masdar Initiative Breaks Ground on City of the Future.

On February 9, 2008 at 6:30 p.m. in Abu Dhabi, United Arab Emirates (9:30AM EST/2:30PM GMT), the Masdar Initiative will break ground on Masdar City, the world's first zero-carbon, zero-waste, car-free city, powered entirely by renewable energy. Leading architects and engineers have come together from around the world to design Masdar City, which will save more than $2 billion of oil over 25 years and serve as a benchmark for the next generation of green design. During his keynote address, Masdar's CEO Dr. Sultan Al Jaber will announce previously unreleased details on the construction and financing of Masdar City. The event will be culminated by the laying of a ...

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