July 25, 2007

Life Takes Common Sense. For Everything Else, There's Mastercard

Affluent liberal guilt nagging you that your carbon footprint is too big? Well no problemo - now you can just charge it:

NEW YORK (Reuters) - General Electric Co. issued a credit card on Wednesday it says will be the first to cut help U.S. cardholders voluntarily cut emissions linked to global warming.

The card, called GE Money Earth Rewards Platinum Mastercard, allows users the option of automatically contributing up to one percent of their card purchases to buy greenhouse emissions offsets.

In voluntary emissions markets, consumers who feel guilty about their greenhouse emissions can buy offsets, or credits, designed to represent emissions reductions that took place somewhere else, like a solar or wind power farm.

"Earth Rewards cardholders will now have a new tool to complement the ways they are already reducing their emissions," Tom Gentile, an executive at GE Money said in a release. "They can turn everyday purchases into extraordinary rewards."

I tell you, fellow Llamas, we have got to get in on this eco-ponzi before the whole thing collapses.

Posted by Robert at July 25, 2007 01:50 PM | TrackBack

I'm simply amazed that people actually think that they can pay money to be eco-friendly. Whomever came up with this ponzi is a genius nutso.

Posted by: jen at July 25, 2007 02:03 PM


But Jen, there are ways you can really pay to reduce your footprint, e.g. if you pay a 10% premium on your electricity, you can switch over to wind power. That is genuinely effective (more so than buying a Prius).

Posted by: LB Buddy at July 25, 2007 02:36 PM

I got in on the ground floor. I threatened to chop down all the trees on my property unless people send me money.
The bucks are rolling in!

Posted by: Babs at July 25, 2007 10:09 PM