Following an April pledge to be carbon neutral by 2007, Yahoo! announced today investments to offset its 250,000 tonne carbon footprint from 2006. The total cost of the investments for this relatively small carbon emitter will be just $2 million, a paltry sum compared with its $6.7 billion in revenues.

The investments will focus on two projects in developing nations: hydropower in Brazil and wind turbines in India.

Read the full article at Gristmill

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