A renewable energy consulting firm believes the Bahamas is well-positioned to benefit from offsetting carbon emissions, with BISX-listed Bahamas Waste receiving $50,000 in "carbon financing" so far for its "green" efforts. In doing so, it has become the first Bahamian company to be recognised for its carbon offsetting measures, and to receive so-called carbon financing in return. The first tranche of the money helped the company set up its $1 million biodiesel facility, and another $50,000 award is expected once Bahamas Waste has achieved a certain amount of biodiesel production. With assistance from Cape Eleuthera Systems, ...

By ALISON LOWE
Business Reporter

alowe@tribunemedia.net

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