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Lyft to Neutralize its Carbon Footprint With Multimillion Dollar Investment

The Verge

To become a completely carbon-neutral transportation service, Lyft anticipates offsetting “over a million metric tons of carbon” with a multimillion-dollar investment in environmental projects elsewhere.

Lyft’s climate goals sprang up as a result of President Donald Trump’s decision to pull the US out of the Paris climate accord.

According to Lyft’s co-founders, these investments will help fund a variety of environmental and sustainability efforts. “Lyft rides are now carbon-neutral through the direct funding of emission mitigation efforts,” the company’s co-founders, Logan Green and John Zimmer, said in a blog post, “including the reduction of emissions in the automotive manufacturing process, renewable energy programs, forestry projects, and the capture of emissions from landfills.” adviser.

Read the article at The Verge.

The post Lyft to Neutralize its Carbon Footprint With Multimillion Dollar Investment appeared first on Fleet Management Weekly.


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