Green Options » bank

House Demands Audit of the Federal Reserve

Rhonda Winter — Sat, 21 Nov 2009 22:19:55 +0000

Where Did All of the Money Go?

Ed Schultz interviews Florida Rep. Alan Grayson about Congress finally demanding more transparency from the Federal Reserve, and auditing their massive secret bank bailouts. The recently passed legislation will now allow the Government Accountability Office to independently audit the Fed, and their nefarious Wall Street deals. Alan Grayson and Ron Paul co-authored the amendment, which also had a whopping 311 co-sponsors in the house.

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“We need to stop giving money to the bad banks, they just eat it, they don’t actually hand it out to people and do anything useful with it. We have to give money to the good banks. The fundamental strategy that has been followed since the Bush Administration to try to recover from this is flawed…the good banks will go and make good loans to people, to businesses, to small businesses in particular, and the economy will recover.”

—Rep. Alan Grayson

Earth Day Round-Up (the Non-Toxic Kind)

Jeff McIntire-Strasburg — Wed, 22 Apr 2009 18:53:56 +0000

Even after doing this for years, I still get a little flustered with the requisite Earth Day post. No, it’s not a matter of saying “Screw Earth Day” (though I get that…); rather, it’s a recognition that there’s so much content out there that I’m unsure what I can add. So, rather than taking a feeble stab at something, I’ll make my contribution by sharing some of the good stuff I’ve seen around the web and blogosphere today.

Green Living Ideas points to a couple of new films that may be worth checking out: Disney’s Earth, and A Sea Change.
Cleantechnica profiles a family that’s tweeting its energy use today. Triplepundit covers this one, also.
Speaking of “Screw Earth Day,” Grist wishes all a “Happy F’ing Earth Day!”

World’s First Plastic Bag Billboard

Kelly Rand — Mon, 20 Apr 2009 19:52:05 +0000

We missed this when it happened a couple of weeks ago, but a bank in South Africa has been up to some interesting advertising gimmicks. Billing itself as a “truly green bank,” Nedbank installed what is being called the world’s first billboard made from woven plastic bags in Johannesburg, South Africa.

The billboard was created using 2,000 (!) reclaimed plastic bags that were woven together to make the billboard, which measures over 120 feet in length. Nedbank employed seven crafters to create the billboard, taking them about six weeks to complete the project, making this a huge handmade project.

B of A to Consider CO2 Liability

Maria Surma Manka — Wed, 20 Feb 2008 14:36:28 +0000

Bank of America may name carbon dioxide (CO2) - a major contributor to global warming - a potential liability when it considers financing utility sector projects. Chief executive Ken Lewis has also called for a national cap-and-trade policy at the 2008 Emerging Issues Forum.

You can listen to Lewis’ remarks to the forum This post contains additional media. Click here to view the full post..

Wells Fargo Introduces Wind Powered Rewards Options

Amy Stodghill — Fri, 27 Apr 2007 12:13:36 +0000

Your credit just got a little greener.

Wells Fargo credit card and bank card customers have another choice in redeeming rewards points. Now, in addition to gift cards or airline tickets, Wells Fargo is offering up wind power. 5,000 points will get you 6,000 kilowatt hours, which they say is "equivalent to the clean air benefits of three acres of pine forest storing carbon for one year." 10,000 points will probably offset your carbon output for a whole year.

The green power points will be available to cardholders in May, which is the same time Bright Planet's Bright Card is set to launch. Bank of America isn't far behind Bright Planet on the US front, and The Barclaycard will hit the UK this summer.

So, the big question is (aside from, "What's in Your Wallet?") will people take advantage of these green credit options or will they stick with the emission intensive air miles? Would you choose to support wind power projects or put your spending power towards travel?

Via Environmental Leader; Paymentsnews.com