
So what did I do? I went to the web, of course! There I found a method of ripening peaches that reportedly doesn't turn the peaches into compost.
The folks at Tall Clover Farm http://tallcloverfarm.com/?p=74 say to place the peaches stem side down on a linen napkin or cotton tea towel - not a terry towel and cover with a linen napkin or tea towel. Leave and let ripen in a cool location away from the sun. Go check out their web site for complete instructions and pictures of some yummy looking peaches.
I am going to give this method a try. I will let you know if it was successful.