Flexcar and TerraPass Partner
20 June 2007
Flexcar, a car-sharing company, has partnered with TerraPass, a personal carbon offset company, to create a new type of membership—the Green Membership—to allow its members to balance the emissions from their Flexcar usage.
The option costs $9.95 per year in addition to the regular $35 annual Flexcar membership fee, and offsets one ton of carbon emissions for each Green Membership.
TerraPass will use the funds to sponsor clean energy projects that are certified to reduce greenhouse gas emissions. All TerraPass purchases are verified by an independent third-party auditor, the non-profit Center for Resource Solutions. The Green Membership will also include supplementary benefits in the future, including discounts with some of Flexcar’s environmentally progressive partners.
According to the Transportation Research Board, members of car-sharing programs reduce vehicle miles traveled by 40% and each shared car removes up to 15 personally owned vehicles from the streets.
Flexcar’s fleet achieves 40% better fuel economy than the average new vehicle sold in the US. One-third of the fleet consists of hybrid vehicles, the highest in the industry.
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