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41%  
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  • Obvio! to Establish Carbon Fund from Car Sales

    05/15/2007 7:20:24 AM PDT · by Red Badger · 12 replies · 418+ views
    www.greencarcongress.com ^ | 5/15/2007 | Staff
    The Obvio! 828 Obvio! Automotoveiculos S.A., the Brazilian automaker building microsports cars that run on gasoline, natural gas, or ethanol, or any combination of the three as well as an electric model (earlier post), will contribute a portion of each car’s purchase price to a fund to offset its carbon footprint. Obvio! is working with CantorCO2e to establish the carbon fund. With CantorCO2e’s counsel, Obvio! will also tailor its manufacturing operation to reduce carbon and other pollutants through waste recycling, water conservation, and renewable energy to power the company’s manufacturing plant. Obvio! has committed that the fund will contribute...