DISQUS

VentureBeat: Terrapass lets you be “carbon neutral,” raises cash

  • David G. · 2 years ago
    It's very innovative to leverage public concerns over environmental issues to raise $$$ to fund alternative energy projects. Question is how much CO2 are actually reduced? Does it make people feel less guilty by emitting more CO2 simply because "we" hypothetically give money to fund projects that offset no less CO2 in the air everyday? And it seems no one talks about who will be the real beneficiaries of the potential profit windfalls from those invested alternative energy projects? Environment or the company? The line is blurring...
  • webbeat · 2 years ago
    Investing in Terrapass is like contributing to an NGO...it tastes good but prob best to turn the other way and focus on ideas that are businesses.
  • Gal Josefsberg · 2 years ago
    Agreed with Webbeat. This sounds like a good way to feel less guilty, but I doubt it's as effective as doing some simple things. Keep your $29.95 and carpool to work instead, install some energy efficient appliances, buy local goods and so on. I like the Yahoo Green effort a lot better than this. It at least tried to give me advice while making money. This just feels like a guiltpass to keep driving a BMW.

    GJ
    http://www.60in3.com
  • Venture Itch · 2 years ago
    It reminds me selling indulgences in 15th century, which is the prepaid full or partial absolution of sins. There is something fishy in commercializing feeling of guilt.
  • Peter Gwynne · 2 years ago
    The Environmental Elite=The Enemy of the Poor

    Co2 makes up 38-parts-per-100,000 of the atmosphere. I would take mankind 5yrs to get to 39-parts-per.

    'man-made' global warming is the biggest crock that the tree-huggin' Leftist counter-culture has ever tried to get over on the consumer.

    what's even more hypocritical is that new CEO Erik Blachford used to run Expedia....CAN YOU IMAGINE WHAT MASSIVE CABON EMISSIONS TAXES WILL DO TO THE 'THIRD-WORLD' TRAVEL DETINATIONS?!?!!?

    HECK, EVERY 'PREFERRED DESTINATION' CARIBBEAN ISLAND WILL BE TAXED BACK TO LOOKING LIKE 1962 (2007) CUBA!!