04 Oct '11, 1pm

Ask Pablo: Paper or Plastic? Spending Cash vs Credit Cards

Ask Pablo: Paper or Plastic? Spending Cash vs Credit Cards

What Is The Impact Of Physical Money? Physical money certainly has a tangible impact. We explored this in a recent Ask Pablo article in which I answered the question " Do $1 Coins Have A Smaller Footprint Than $1 Bills? " in which we found the US $1 banknotes have 3 grams of embodied greenhouse gas emissions which coins have around 15 grams. But, they also last 17 times longer and are fully recyclable, so the full green story is more complicated. What Is The Impact Of Credit Cards? Most credit cards are made from PVC, which is not the most environmentally friendly plastic , but their relatively low weight (5.07 grams ) and the fact that they are used for a long time (months to years) over hundreds, if not thousands of transactions makes their per-transaction impact virtually zero. In aggregate of course, their manufacturing does have a tangible effect, 21,000 tons of CO2 -...

Full article: http://www.treehugger.com/files/2011/10/ask-pablo-paper-o...

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Coverage on The New Paper, Sunday

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