News Ticker

Australian Bank Begins Linking Customer Transactions to Carbon Footprint

Summit News | Oct. 21, 2022

In another foretaste of potential future ‘carbon allowance’ limits, a major bank in Australia has introduced a new feature that links purchases to a customer’s carbon footprint and warns them when they are going over the average.

Australia’s Commonwealth Bank (CBA) has partnered with Cogo, a “carbon management solutions” company, to launch the new feature, which is part of CBA’s online banking platform.

The bank gives the customer the option to “pay a fee” to offset their carbon footprint, with the average listed as 1,280 kilograms, a long way from the ‘sustainable’ figure of 200 kilograms.

(***)

2 Comments on Australian Bank Begins Linking Customer Transactions to Carbon Footprint

  1. Although narrow visioned “leaders” such as Trudeau are no doubt salivating at the thought of Carbon Footprints, the majority know it’s a scam. Well let’s put it this way – those that can still think – know it’s a scam. When Britain cut down an old growth Carbon eating, Oxygen producing forest to build windmills, they advertised the scam. You cannot control a gas that’s just part of the atmosphere, but you can control people, the entire purpose of this absurdity.

  2. So who and where does this so called carbon footprint tax go???? Planting more trees or into the pockets of bank officials?

Post a Comment

Winter Watch
%d bloggers like this: