Carbon Credits for Bike Sharing

The folks over at Treehugger recently interviewed Jason Meinzer of City Ryde about how the company is trying to generate more income for bike sharing systems in the U.S. Meinzer argues that bike sharing systems are not successful in the U.S., since they don’t generate enough revenue. CityRyde’s new software program Inspire is working to change that by tracking bike sharing use and generating carbon credits from each ride, which subsequently turn into revenue.It’s a pretty neat idea, and I’m curious as to whether or not it could actually improve the outlook for bike sharing in the U.S. It still doesn’t get people out of their cars and onto a bike if they aren’t already inclined to do so. What do you think?

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