Saying No to Eco-Bling

23 January 2010 | By Nick in Economy, Technology

Here’s a good article about the pitfalls of what look like helpful efforts to save money and help the environment, but on closer inspection are not even close to fulfilling either one. Eco-Bling are these items that may make you feel better and show yourself and others that your fighting the good fight.

I was seriously considering solar panels and even researched wind turbines, but doing more practical things such as installing energy efficient light bulbs, wearing an extra layer of clothing and turning off lights/appliances can do more.

I think the tax incentives tied to some of these things had mislead me to believe that there was more value than what could be recouped.

Hybrid cars are no better especially when your current vehicle is fairly efficient. I could replace my 10 year old Honda (~36 MPGs still) with a Prius or Insight, but it probably would not make economic sense since real-life mileage claims appear to be just over ~40 MPG.

Besides the value of the savings, consider the time you spend researching, planning. Will you have to hire contractors, etc? Doesn’t sound easy.

Putting on a sweater and turning the lights off could be the best answer after all.

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