in News Departments > FYI
print the content item

Fairfield, Conn.-headquartered General Electric Co. (GE) has introduced the GE Money Earth Rewards Platinum MasterCard, the first U.S. credit card designed to reduce cardholders' carbon emissions through greenhouse gas (GHG) emissions offsets.

The credit card allows users to reduce their carbon footprints by automatically contributing up to 1% of their card purchases to buy greenhouse gas emissions offsets.

All card rewards designated for GHG reduction projects will be accrued over the year, GE explains. Each Earth Day (April 22), those rewards will be used to purchase and retire GHG credits through GE AES Greenhouse Gas Services, a joint venture between GE Energy Financial Services and The AES Corp., which will identify and invest in projects that reduce GHG emissions.

In addition, GE AES Greenhouse Gas Services recently unveiled a comprehensive standard for the creation and sale of its GHG credits in the U.S. The standard will ensure that credits produced by the joint venture are scientifically verified and provide a positive, measurable environmental benefit, according to the company.

IowaDeptEconDevel_id1863

Helukabel_id1908
Latest Top Stories

Report Disputes U.S. Agency's Renewable Energy Projections

A new analysis from the Sun Day Campaign says renewables are slated to provide 16% of U.S. generating capacity by 2018 - over 20 years earlier than forecast by the Energy Information Administration.


Kansas Renewables Mandate Survives Yet Another Attack, But Is It Too Early To Celebrate?

Over the past three years, some legislators have tried to either weaken or repeal the state's renewable portfolio standard, which requires Kansas utilities to reach 20% renewables by 2020.


AWEA Highlights U.S. Wind Success Stories Of 2013

Despite a 92% drop in new capacity last year, the sector still has myriad reasons to celebrate, according to a new report from the American Wind Energy Association.


Feds List New Bird Species As Threatened - Should Wind Developers Be Worried?

The U.S. Fish and Wildlife Service is designating the lesser prairie-chicken as threatened under the Endangered Species Act. An expert explains how this might affect the wind industry.


Senate Committee Passes Bill With Two-Year PTC Extension

The Senate Finance Committee has voted on a tax extenders package, which includes both the production tax credit (PTC) and investment tax credit, and sent it to the floor.

Acciona_id1907
WomenofWind_id
UEA_id1896
JLG_id1900
AWEA_id1886
bonfiglioli_id1913