Monday, December 17, 2007

Rackspace Ties Into "Green" Energy Credits Firm

San Antonio's Rackspace, a provider of web hosting services, said Monday that it has tied into NativeEnergy, a marketer of renewable energy credits and carbon offsets. Rackspace said it will purchase carbon offsets through NativeEnergy, to support the Penn England Family Dairy Waste to Energy Project; and the Farmer Owned Distributed Small Scale Wind Project in Minnesota. Both projects are targeted at displacing fossil fuel use. The move is part of a program by Rackspace to offset its carbon emissions at its data centers. Companies purchase carbon offsets to offset their carbon dioxide production; those offsets are supposed to go to renewable energy projects.