Capital Bikeshare Newsnami Day 2

It's a light day

• GGW asks if carbon offsets could be used to fund a bike sharing system. "According to CityRyde founders Timothy Ericson and Jason Meinzer, a bike-sharing operator could net a million dollars a year (or more) from selling on the voluntary market the carbon credits"
• I got my packet in the mail yesterday. Key, T-Shirt and a free circulator ticket. All wrapped in delicious bacon.
• There's a new station at the Giant in Columbia Heights as seen in the photo by D.Sheldon.
• DDOT has a video showing a CaBi station being installed.

Comments

[Jim]

The CityRyde founders must be talking about a nationwide program of about 1 million bikes. I doubt a bike would earn more than $1-2/year.

The offset gets you about $1-2/ton. To offset 1 metric ton of emissions requires saving 400 gallons of gas. I find it hard to imagine a scenario in which a bike offsets more than 400 gallons per year in our area--alot of the rides will represent new trips, or displace walking and metro, not cabs or owner-occupied cars. Some may displace personal bikes.