Boozhy Headlines: Oil Dollars to Produce First Zero Carbon City
With all of the emphasis the US and Europe are placing on green initiatives you would think the birth of the first zero carbon city would emerge within their borders. Not so. The United Arab Emirates, the world's third largest oil producer, has partnered with MIT to build the first zero carbon city on the edge of the National Capitol Abu Dhabi.
Perhaps the most interesting point is that UAE is presenting the investment in the city (aka the Masdar Initiative), as an economic play, not an environmental one.
"This is going to create huge business and research opportunities to get beyond where we are today," says Khaled Awad, of the government-owned Abu Dhabi Future Energy Company. "For Abu Dhabi to maintain its market share in energy, it must develop other forms of energy."
Just more evidence that the real future of the green movement lies in economics and not social responsibility.










