Car Rental Companies Off-Set C02 for TerraPass' Profit
Environmentally-sensitive rental car customers can now drive someone else's vehicle with a clean conscious. Automotive News [sub] reports that Enterprise, National and Alamo are all set to sell "carbon offsets" with their rental contracts. The opt-in program adds $1.25 to the price of the rental. The money goes towards "carbon offset projects, such as wind farms, that reduce the amount of carbon dioxide going into the atmosphere." TerraPass, which handles the credits, estimates that every 100k customers participating will offset over 30m pounds of CO2. We called TerraPass to ask how much of the fee went directly to projects (i.e. what percentage was "absorbed" by administrative costs). Their PR rep Samantha Weeks said "We're a privately held company. We don't disclose information like that." So now you [don't] know.