U2 raising money for geothermal plant through carbon offsets

In Turkey, the rock band U2 is raising funds to pay for the country’s Dora-1 geothermal plant. The band’s project will raise approximately $450,000 for various environmentally conscious power plants if fans purchase carbon certificates offsetting the emissions they generate when traveling to the band’s shows. The Dora-1 plant, completed in the summer of 2009, will take a share of any funds raised by the initiative. Carbon offset marketplace player Offset Options identified four projects to support, including ones in China, India and Indonesia, as well as the Dora-1 plant. U2 fans will be able to balance their average carbon emissions by purchasing an offset certificate from one of the four projects for $1.89.