Bike-share firm’s carbon methodology gains accreditation
Back in the spring, two Drexel grads were on a mission: get carbon counting methodology accreditation for CityRyde, their bike-share program that sells consulting services to programs trying to cut costs.
The four-year-old company now has accrediation under the Verified Carbon Standard, and a $345,000 investment. Through its program, CityRyde helps bike-share programs “track, certify and monetize carbon offset credits gained through the use of their shared bicycles.”
The system is meant to help bike-sharing program overcome the cost obstacle to bring more bikes to cities.
WHYY is your source for fact-based, in-depth journalism and information. As a nonprofit organization, we rely on financial support from readers like you. Please give today.