Bright Planet Readies Launch of First Green Credit Card in U.S.
Bright Planet plans to launch the first U.S. credit card that cancels out your carbon output, AP reports. The Bright Card, set to launch in May, invests the reward points most credit cards offer in clean-energy projects.
The company will initially focus on supporting renewable energy resources such as wind turbines, though it plans to expand its portfolio as Bright Card membership grows. Cardholders will also be able to see where their dollars go and how their reductions are taking place.
The company has not announced whether the card will be a MasterCard, Visa or other type of card. Patti Prairie, a former senior vice president at American Express is Bright Card’s CEO.
Similiar cards are offerred in Europe. Bank of America has announced that it’s also planning a green credit card for the U.S.
Stay Up-to-Date On Environmental Management, Energy & Sustainability News with EL's Free Daily Newsletter
Energy Manager News
- Energy Storage in the Fast Lane
- Alberta Firm Aims for Energy Neutral Egg Laying Barn
- The Department of Energy Seeks to Improve the Better Buildings Challenge
- Behind the Meter: The Many Advantages of Energy Benchmarking
- Telecommunications Companies Upgrade Their Approaches to Energy
- Cutting Energy Use in Fire Stations
- Revolution Lighting Signs School Districts in NY, NJ
- Green Building Boom Is Pumping Billions into US Economy, Retrofits Are Fueling the Trend