Canadian Bank Launches Credit Card Linked To Carbon Emissions

The Chief External Relations Officer of Vancity, Jonathan Fowlie, said that a Canadian bank will launch a credit card linked to carbon emissions.

Canadian Bank Launches Credit Card Linked To Carbon Emissions 1

Vancity will provide a credit card that allows clients to compare their monthly carbon footprint to the national average in an effort to demonstrate the credit union’s commitment to “climate action.” This credit card links purchases to carbon emissions.

Customers will also receive advice from the bank on how to reduce 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.”

More than 50% of Canadians are interested in tracking their carbon footprint, according to Visa research.

Australia’s Commonwealth Bank (CBA) also announced a similar programme in October. Customers would have the option to “pay a fee” to offset their carbon footprint, which was listed as an average of 1,280 kilos, far exceeding the 200 kg considered “sustainable.”

Technocrats seek to enhance financial control over people by using climate lockdowns and the hysteria surrounding it.

Four “environmental experts” made such a suggestion in the science publication Nature (pdf below) as a way to lower carbon emissions worldwide.

“All adults would get an equal tradable carbon allowance that reduces over time in line with national [carbon] targets,” according to the “carbon allowance card” that would be given to everyone.

The scheme would be a “national mandatory policy,” according to the authors.

Anyone exceeding the cap would be required to buy more units on the personal carbon market from individuals who had extra to offer. Carbon units would be “deducted from the personal budget with every payment of transport fuel, home-heating fuels, and electricity bills.”

The wealthy would naturally be able to purchase carbon credits in large quantities and continue to live their extravagant, environmentally damaging lifestyles, so this would only have a negative effect on the poor.

Read the study given below:

GreatGameIndia is being actively targeted by powerful forces who do not wish us to survive. Your contribution, however small help us keep afloat. We accept voluntary payment for the content available for free on this website via UPI, PayPal and Bitcoin.

Support GreatGameIndia

Leave a Reply