Cutting your energy bills to save money
We have all had to make cutbacks over the past eighteen months or so in order to try and stay afloat financially, particularly with the global financial crisis and the recession still taking their toll. Read more
Tags: electricity, energy costs, saving, provider, switch energy provider
Co-op: green products not necessarily more popular
July 26, 2007 by admin
Filed under News, News-Banking
So-called “green” financial services are not bought if the quality of the product is unacceptable, the Co-operative Bank said today.
A spokesperson for the bank said that the consumer “does not want to sacrifice anything in terms of the product just for the green credentials. People will not pay more – they will not pay more on their mortgage, they will not pay more on their credit cards – they won’t take a lesser product just because it is green.”
The bank stressed that green policies were generally “mainstream products” with “added on green features”, rather than standalone services.
Contrary to many customer preconceptions, the spokesman stressed that ethical policies were not much more expensive than “normal” ones.
When asked whether a green service purchaser would be more likely to go into debt is a result, the spokesperson replied that he did not think it was an issue.
The statements from the Co-op chimes in with research from unbiased.co.uk, showing that around 50 percent of those polled say that they are not prepared to pay more tax to tackle climate change.
