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South Korea just unleashed its epic eco credits program which has big potential to help the country ramp up its efforts to go green.
The eco credits program involves incentivizing environmental consumer products and services by offering points to consumers who purchase them with their credit card - much in the same way Air-Miles are accrued. Everything from using public transit to buying a product with eco-friendly packaging is worth points.
However,the most exciting part of the program is that these eco credits are also redeemable for cash and/or discounts on utility bills—something that will definitely make them appealing to consumers throughout the country.