A Canadian bank has launched a credit card that can track a customer’s carbon emissions
Vancity is offering a credit card that links purchases to carbon emissions and allow customers to compare their monthly carbon footprint to the national average.
The move comes amid concerns that such a scheme could one day be used to restrict purchases, but Vancity claim it’s an effort by the credit union to display its commitment to ‘climate action’
Summit News reports: The bank will also advise customers on how to limit their carbon footprint.
“We know many Vancity members are looking for ways to reduce the impact they have on the environment, particularly when it comes to the emissions that cause climate change,” said Jonathan Fowlie, Vancity’s Chief External Relations Officer.
“As a member-owned financial cooperative, we believe it is our job to do everything we can to help, especially when it comes to the decisions people make with their money. This tool will equip Vancity Visa credit cardholders with valuable information on their purchases and enable them to connect their daily spending decisions to the change they want to see in the world.”
According to research carried out by Visa, more than 50% of Canadians are interested in monitoring their carbon footprint.
As we previously highlighted, back in October, Australia’s Commonwealth Bank (CBA) also announced a similar scheme, giving 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.
Allied with climate lockdowns, technocrats want to exploit hysteria over climate change to increase financial control over individuals.
Such a proposal was presented in the science journal Nature by four environmental “experts” as a means of reducing global carbon emissions.
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