Monday, July 06, 2009

Expecting New Tax, Hara Software Is Ready to Track Carbon


If Congress passes legislation that puts a price on carbon emissions, companies will need to track and report the waste from their operations.

Kleiner Perkins Caufield & Byers, one of Silicon Valley’s top venture capital firms, is betting that such a cap-and-trade law or carbon tax will open the door for a new kind of software company.

Since 2007, it has been quietly incubating Hara, a start-up that on Monday will start selling software to help businesses measure and reduce their greenhouse gas emissions.

See full Article.