Tuesday, January 13, 2009

Coming Soon: SFO featuring Carbon Credit Kiosks


Sorry for the lack of posts... had a
concussion and was under the weather for a few weeks!

It's scheduled to launch this Spring. Travelers visiting San Francisco International Airport will be able to stop by a kiosk similar to a self-service check-in, input their destination, and with a quick swipe of a credit card, purchase carbon credits for their trip.


While the logistics of pricing are not solidified, the company partnering with SFO to bring this technology, 3degrees, says travelers don't need to worry about breaking the bank.

SFO and 3Degrees have signed a one year deal with SFO posting an initial investment of $163,000 for the kiosks and 3Degrees supplying the technology and carbon credits. The current agreement allows 3Degrees 30% of each purchase, with the rest alloted to currently unspecified carbon reduction projects although there are a few . A few programs the Airport Director John Martin says could be benefactors? Renewable energy ventures in developing countries, agriculture and organic waste capture, coal mine methane capture, and sustainable forestry.

A spokesman for San Francisco's mayor said a portion of the funds would be given to the San Francisco Carbon Fund which would keep the money in the community.

Nathan Ballard, a spokesman for Mayor Gavin Newsom, said a portion of each offset purchase would go to the San Francisco Carbon Fund, which supports local projects such as energy-efficiency programs and solar panel installations for low-income housing, as well as efforts to convert waste oils into biodiesel fuels.