Sunday, December 2, 2007

Carbon Credit (Card)

Ted sent us this awesome thing about a credit card that generates carbon offsets:

A couple of recent Middlebury grads have started a company, Brighter Planet, and signed a deal with Bank of America to create just such a card. Essentially, each dollar spent with the card earns a "point" towards various renewable energy projects, and they calculate that 1000 points will offset approximately one ton of carbon dioxide.

I've been hearing about this from my uncle--a professor at Middlebury--for a couple of years. Apparently some of his students came up with the idea during their final project in one of his Environmental Economics classes. I won't try and condense all of the great information they have on their site (how to reduce individual carbon output, what projects they're investing in, current climate change news) into this paragraph, but I urge you to check it out! These guys definitely know what they're doing.

Click here for the Press Release!

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