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New York limo company opts for offsets instead of hybrids

Over the past couple of years many livery companies around have bought a variety of hybrid vehicles with which to shuttle their clients around. However, New York-based Valera Global has decided to take a pass and instead go the carbon offset route. They claim that after studying the purchase of hybrids for their fleet it just didn't make economic sense. Instead they have joined the Chicago Climate Exchange (CCX) and are offsetting their carbon emissions. Many of Valera's arguments seem highly dubious. First of all there is the cost factor. ... Read more →

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