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Green your money

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  • Green your money

    Green your moneyBefore you open an account, a little legwork on a bank will reveal its sustainability policies. Bank of America and Citicorp, to name a couple, are each spending tens of billions of dollars on projects to fight global warming.Paper-saving habits can include using a debit card or electronic payment services, such as PayPal, instead of checks, as well as rejecting receipts at the automated teller. A campaign from Coinstar encourages people to "recycle" loose change to spare the power and materials of making new coins. Options for socially responsible investing, or SRI, have increased among mainstream mutual funds. Some trailblazing "green" mutual funds come from Portfolio 21, Winslow Green Growth, and Green Century Capital Management. Tailoring a portfolio to your tastes requires research. Social Funds and Green Money Journal track this niche. Peer-to-peer lending services Prosper and Zopa take banks out of the picture. Kiva.org enables anyone to be a microfinancier by lending money to small businesses in developing nations. Modest Needs can help people closer to home.

  • #2
    I think I would choose a bank that didn't worry about global warming and if eating cod was sustainable and instead provided good customer service and the best rates.

    I dunno, just me...

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    • #3
      Maybe the earth is actually too cold right now and it's supposed to be warming up so it can get back to normal. Maybe those banks are screwing everything up by going green.
      Brian

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      • #4
        I am also dubious about companies that profess to be green. A lovely example is how CO2 emissions are calculated by country, such that China looks very bad, when really the people using all the goods from China are the ones who should be penalised.

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