Grand Rapids to Create Local Carbon Emissions Trading Market
The City of Grand Rapids will soon be partnering with local agencies to set up its own carbon emissions trading market. A local company already active in the carbon trading arena will be assisting in developing this carbon credit system. The city is a renewable-electricity leader, achieving the goal of 20% municipal renewable-electricity by December 31, 2008. (Increases in municipal energy efficiency helped to offset the increased direct cost of purchasing renewable-electricity.) Grand Rapids is the largest single participant in Consumers Energy’s Green Generation program, whose energy supply comes from renewable sources, including wind, biomass, waste-to-energy, landfill gas and hydroelectric facilities. Details of the program are still be worked out.
