San Francisco, CA (PRWEB) January 29, 2007
The leading online socially responsible financial advisor and planner, Invested Interests, is announcing its new program to offer automotive carbon offset credits to new clients. [Invested Interests has partnered with TerraPass (as featured in the New York Times and BusinessWeek) to offer a complimentary carbon offset voucher for all new investment accounts. Every TerraPass voucher is specified to fund renewable projects in proportion to a specific vehicle's emissions - in effect, making new clients' vehicles "carbon neutral."
On average, a car produces between 10,000 and 12,000 pounds of carbon dioxide per year and carbon dioxide emissions from automobiles are a cause of global warming. Carbon dioxide is the primary greenhouse gas responsible for global warming, which is now considered the most serious environmental problem faced today.
TerraPass empowers individuals and businesses to balance out the global warming pollution created by automobiles, air travel and energy use. Using a mechanism called a carbon offset, TerraPass reduces an equivalent amount of carbon dioxide emissions by funding clean energy and conservation projects throughout the U.S., including wind farms and biomass energy. All TerraPass sales and support of clean energy projects are independently audited by the Center for Resource Solutions, a San Francisco non-profit that runs market surveillance and certification programs in the green power industry
"Invested Interests shares TerraPass' vision for providing simple and affordable market-based solutions to environmental problems," said Alicia Seiger, TerraPass' VP of Corporate Sales and Business Development. "We are thrilled to have them as a partner and look forward to welcoming Invested Interests' customers to the TerraPass community."
Invested Interests is committed to leading the socially responsible investment industry in the use of carbon offset credits. "Clients have been asking us for our opinion on the most effective carbon offset program - so we committed ourselves to learning all we could about the companies involved in this service," said Brandon Small, Invested Interests. "In TerraPass, we have found the unquestionable leader. However, we are compelled to go beyond simply recommending their service; we want to offer TerraPass vouchers to all new clients."
About Invested Interests:
Invested Interests is an online financial advisor that specializes in socially responsible investing for individuals, non-profit and for-profit organizations. It is based in San Francisco, CA and has clients throughout the United States and Europe. Invested Interests is the first online socially responsible financial planner to offer clients access to all major socially responsible mutual funds and an online tool to screen their current mutual fund based on different social issues. Brandon J. Small is a founding advisor with Invested Interests. He has recently presented at Stanford University on social investing and is regarded as one of the country's best socially responsible investment advisors.
Brandon J. Small, CPA
For more information about Invested Interests visit: http://www.investedinterests.com
For more information about Invested Interests' Mutual Fund Social Screen Tool visit:
TerraPass is the leading consumer retailer of greenhouse gas reduction programs in the U.S. Thousands of individuals and businesses use TerraPass to balance out the global warming impact of their flying and driving. Collectively, TerraPass members have funded the reduction of over 150 million pounds of carbon dioxide emissions. TerraPass has industry leading partnerships with Ford Motor Company (http://www.terrapass.com/ford) and Expedia (http://www.terrapass.com/expedia). TerraPass funds clean energy and conservation projects throughout the U.S., including wind farms and biomass energy. All TerraPass greenhouse gas reductions are verified by an independent auditor, the non-profit Center for Resources Solutions, creator of the Green-e renewable energy certification program. For more information on projects TerraPass funds, visit http://www.terrapass.com.
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