Want to make a few extra bucks by doing less of anything? Yeah, who doesn’t! How about using your lights less or your heater less?
Well, try out MyEmissionsExchange.com (they also have branded themselves as MyEex.com – a smart domain move), and you can earn carbon credits that they will automatically purchase from you and then deposit directly the cash into your Paypal account just for reducing your carbon footprint. The calculations are based on your monthly electric and heating bills and compared to your previous year.
We have seen companies and corporations able to benefit from the carbon credit market for years now, but it has never been easily accessible to individuals. With MyEex.com, we now have access to the carbon credit market (not necessarily to trade, but to benefit from based on reduction) and its economic benefits.
How does the Carbon Credit Market work?
Companies, especially industrial companies, are required to meet certain emission requirements every year. If they use more than their quota they receive government punishment such as to pay a bunch of taxes. If they are not able to reduce their emissions to their required levels, they are allowed to purchase carbon credits from the market – other people who have reduced more than they were required.
How does MyEex.com work?
My Emissions Exchange requires you to enter in your monthly electric and heating bills for the last year to get started. You can either input it manually or send them a copy of your bills. They will then verify those numbers are correct and you’re off and running. Add in your monthly bills each month and as the year goes on and you reduce your energy usage compared to the previous year, you earn money based on the amount of carbon credits you have reduced for the year.
It is very simple and I do not see why anyone would not sign up. I moved mid-2009 and thought it would be tough to find my previous energy bills, but sure enough, logging on to So Cal Gas and Southern California Edison, they both listed my usage from my current and previous apartments.
It took about 10 minutes in total to sign up, dig up my records, and input them. One more source of small, yet fulfilling, income never hurts in this economy!
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