Zero Carbon Project purchases carbon credits from Chinese electric-hybrid bus fleet. As part of Zero Carbon Project ongoing carbon offsets programme, we purchased 30 international carbon credits from a project in China, featuring switching a bus fleet to the worlds largest fleet of hybrid and electric buses.
This involved purchasing and surrendering 30 CERs (Certified Emissions Certificate) costing USD45 or $1.50/tonne. This transaction offsets 30 tonnes of carbon dioxide emissions, equivalent to emissions from 10 typical households over a year. We chose the Bus Rapid Transit in Zhengzhou project which involves 3,000 new large hybrid buses including over 100 electric battery charged buses and the rest gas-electric plug-in hybrids.