Carbon Offsets

CarbonIf it were cheap and easy, would you reduce your carbon emissions to zero? Carbon offset providers say that it is, and you can. They will estimate how much your company pollutes and then fund projects, such as wind power plants, to offset the carbon your company produces. Given such big promises and relatively low prices, it’s no wonder the offset market is worth $330 million and expected to double by 2010.

So begins this article in December’s Inc. Magazine.

If you’re looking for a new market to go into, you could do a lot worse than a nascent market already well into the 9 figures and headed for 10-figure territory.  True, it could end up all being just a myth, but that’s a few years down the road and before then you’ll have built a business that you can sell to one of the true believers for several million dollars.

Start by trying to acquire CarbonOffsets.com, a still-undeveloped domain registered to an owner in Zimbabwe.  If that fails, there are plenty of good domains in this niche to be had for a reasonable price.

The biggest advantage you have — other than the huge size of the market — is that there’s still time to carve out your own niche, but the sooner you move, the better.


This post in my Free Business Ideas series is only available in the RSS feed.

Photo by Nevalenx.


Comments

  • Lee
    Lee

    December 20, 2008
    at 1:51 pm

    Shane –

    You are right about the true believer part. They are the only ones who will be buying in this market until ordinary people get hit in their pocketbooks. A great example is one of the sites I own. It is about hybrid cars. I can put a graph of my traffic versus the price of gas and you’ll see an almost identical drop. Nothing has changed as far as my SERPs… just cheap gas.

    -Lee


     
  • Shane
    Shane

    December 26, 2008
    at 8:47 am

    I believe it, Lee. I think it was in Forbes where a columnist wrote that what OPEC ought to do is turn up the supply for a little bit and drive oil (and gas) prices back down to old levels — that by doing so, they’d effectively extinguish virtually all “alternative energy” efforts over here. It appears to have worked, huh?

    All of which means it’s a much better time to get into sites like these now that the market is back down.


     

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