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Article: United States : San Francisco on cutting edge of the carbon credit culture.
- Article from:
- TendersInfo
- Article date:
- July 18, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Mamta03
San Francisco has always been an innovator on the political, cultural and environmental fronts. It's now pioneering the way in cashing in on a new industry being created around the idea of keeping carbon dioxide and other greenhouses gases out of the air.
Call it the carbon revolution.
Whether you are a believer, an agnostic or complete skeptic when it comes to global warming, there's one inescapable fact. Trading carbon is now a multi-billion-dollar business.
And cash-strapped cities, which generate much of society's greenhouse gases such as carbon dioxide, can turn carbon into a lucrative revenue stream. It hinges on ...