Green Financial Products
Wednesday, July 11th, 2007
There’s an excellent article over at Motley Fool entitled Why You Shouldn’t Buy Green Financial Products. There have been a few of these recently: credit cards that give some proportion of their profit to green causes; mortgage companies that plant a few trees if you stick with them for several years; etc. The Fool goes into the maths a little bit, but it basically comes down to the fact that it is usually better to shop around for the cheapest product (credit card, mortgage or whatever), and give the resulting saving you’ve made to green causes.