Who didn’t see this coming?
A first-of-its-kind credit card has been unearthed that contributes a portion of card purchases to buy greenhouse gas emissions offsets. GE Money [has] launched the Earth Rewards Platinum MasterCard which enables cardholders to contribute a full one percent of their card net purchases to GHG emission reduction projects; or contribute one-half of one percent to reduction projects and receive one-half of one percent cash back through their monthly statements. Cardholders will be able to switch back and forth between reward programs whenever they choose, at no cost and with no loss of rewards. GE says if 100,000 cardholders spend $750 per month, the annual greenhouse gas credits retired would be the equivalent to removing more than 175,000 cars from American roads for one year.
Interest on $1000 for a year: $180.
Rewards on $1000 for a year: $10.
That smug feeling you get from your dubious environmentalism: priceless.