NE - Can You Be Traveling Green by Buying Offsets?

3/2/2007

USA Today

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The travel companies pass along the money to a new breed of enterprises — some for-profit, some not — that invest in wind farms, solar energy, energy-efficiency technology or other green projects. They go by names such as Native Energy, Carbon Fund or TerraPass.

Tom Stoddard CEO of for-profit Native Energy, acknowledges that some consumers worry about "for profit" but says profits motivate entrepreneurs and investors. "If doing something good for the environment is the exclusive province of non-profits," he asks, "how many wind turbines will be built?"

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