Pirate's Cove

But, should Warmists actually be buying homes? Perhaps a tiny home (I actually love watching those tiny home shows. The end product is pretty cool), but, say, anything over 700 square feet certainly is a no no.

First-Ever Carbon Neutral Mortgage Allows [Stupid] Borrowers to Offset Footprint of Home Ownership https://t.co/Xq6qLMd1Al

— Tom Nelson (@TomANelson) February 13, 2018

From the link

While sustainable finance has largely focused on providing financial products and tools to investors and businesses, we’re beginning to see more opportunities arise for consumers to support and shape the development of a more sustainable economy. One example of this is the emergence of the so-called “green” mortgage, a loan product that allows borrowers to reduce their utility bill costs by allowing them to finance the cost of incorporating energy-efficient features into a new housing purchase or the refinancing of existing housing.

Building on this concept, Carbon Credit Capital (CCC) and Residential Home Funding Corp. of America (RHF) have developed and brought to market a new mortgage product that mirrors its generic counterparts save one key difference. The Carbon Neutral Mortgage ensures that the fees borrowers typically pay to banks and underwriters upon closing their loans are instead put towards carbon offset projects to fully mitigate the projected carbon footprint of owning and operating the home, for the life of the loan.

CCC and RHF put together a package of carbon credits for borrowers equal to the estimated amount of carbon emitted by a similarly sized house over the course of one year, and subsequently, the life of the loan. Calculations are based on square footage and state energy data. The Carbon Neutral Mortgage is currently available in New Jersey, and is expected to expand to more states later this year.

You just know that there’s a scam there, and someone is making more money off gullible Warmists.