http://money.cnn.com/magazines/business2/business2_archive/2007/08/01/100138819/index.htmIt may seem strange that the emirate of Abu Dhabi, one of the planet's largest suppliers of oil, is planning to build the world's first carbon-neutral city.
But in fact, it makes a lot of financial sense. The 3.7-square-mile city, called Masdar, will cut its electricity bill by harnessing wind, solar, and geothermal energy, while a total ban on cars within city walls should reduce the long-term health costs associated with smog.
Masdar is still on the drawing board -- construction begins in January, with a very tentative completion date of 2009 -- but the result will be watched closely around the world.
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"If they can construct a zero-carbon city in this climate, you can do it anywhere," says Richard Young, a research manager with SustainLane, which evaluates sustainable cities and products. "It will have tremendous economic impact."
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