Ridehailing company Lyft announced Green Cities Initiative, with Lyft rides now carbon neutral through renewable energy purchases, carbon offsets, and funding of green projects

Briefing

Ridehailing company Lyft announced Green Cities Initiative, with Lyft rides now carbon neutral through renewable energy purchases, carbon offsets, and funding of green projects

April 27, 2018

Briefing

  • Green Cities Initiative – Ridesharing firm Lyft announced Green Cities initiative, which aims to tackle climate change, in blog post by co-founder John Zimmer on Medium
  • Carbon Neutral Rides – Highlighted that Lyft rides are carbon neutral as of April 2018
  • Renewable Energy Purchases – Committed to purchase enough renewable energy to sustain energy needs of electric vehicles in platform and offices
  • Carbon Offsets – Invested millions of dollars to offset one million metric tons of carbon, equivalent to planting tens of millions of trees or removing hundreds of thousands of cars off roads
  • Funding of Projects – Continuously funding emission reduction projects, including in automotive manufacturing process, as well as renewable energy programs, forestry projects, and capture of emissions from landfills

Accelerator

Sector

Transportation and Logistics

Organization

Lyft

Source

Original Publication Date

April 19, 2018

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