2 ms·
I think the lowest friction way to do it is to just spend the interchange (the roughly 2% of purchases that credit card companies get from merchants that usuall
by neural_thing 7y ago
I think the lowest friction way to do it is to just spend the interchange (the roughly 2% of purchases that credit card companies get from merchants that usually funds cashback/rewards) on carbon capture. With your blessing, I can talk to some credit card company execs about this idea. Credit cards are powerful signalling tools, I can easily see a "Green Card" catching on, especially if people don't see any additional fees on their bill.
- tcbawo 7y agoI think there are two hard parts: determining the carbon footprint of most activities/expenditures, and finding the most effective means of carbon sequestration. But, I think it aligns incentives in many good ways.