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News

GE Unveils Credit Card Dedicated to Trimming U.S. Cardholders' Carbon Emissions

July 1, 2007

On July 25, General Electric (GE) unveiled the GE Money Earth Rewards(SM) Platinum MasterCard®, a credit card dedicated to reducing cardholders' carbon emissions through greenhouse gas emission offsets.

The card allows users to reduce their carbon footprint by automatically contributing up to one percent of their card purchases to buy greenhouse gas (GHG) emissions offsets. By making Earth Rewards their primary card, a typical consumer could earn enough rewards to offset a significant portion of their likely direct annual GHG emissions. The application process is 100 percent paperless, through MyEarthRewards.com.

"Earth Rewards cardholders will now have a new tool to complement the ways they are already reducing their emissions," said Tom Gentile, CMO, GE Money. "They can turn everyday purchases into extraordinary rewards. Users of the Earth Rewards Card can be sure that for every one dollar they spend, they are reducing greenhouse gas emissions and helping fight climate change."

For more information, contact GE at http://www.ge.com.

Opinion

Will EPA be Forced to Issue a Climate Change Endangerment Finding?

On April 2, 2008, exactly one year after the landmark U.S. Supreme Court decision in Massachusetts v. EPA, 12 states, supported by an additional five states as amicus curiae, as well as the District of Columbia, the cities of New York and Baltimore, and a number of environmental organizations, filed a petition for mandamus with the U.S. Court of Appeals for the District of Columbia Circuit seeking to compel the U.S. Environmental Protection Agency to act on remand within 60 days.

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