CityRyde’s bike sharing software close to being awarded carbon credit certification
Timothy Ericson remembers well the time he spent volunteering and thus helping to steer Paris’s bike sharing program Velib, one of the first of its kind in the world.
It gave him and his buddy Jason Meinzer intimate knowledge of the mechanics of the bike sharing model.
Something clicked for the two friends, who realized that carbon credits, which can be sold in an open market to companies that hope to reduce their carbon footprint, factored in to it somehow.
When they came home in 2007, they founded CityRyde, a software company that provides bike sharing programs with fleet-management capabilities and soon, the ability to track carbon reduction provided by bike travel and sell those credits.
