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Australian Bank Begins Linking Customer Transactions to Carbon Footprint

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https://summit.news/2022/10/21/australian-bank-begins-linking-customer-transactions-to-carbon-footprint/

Remember those with kids would have to pay more and deal with less. So what happens when the people start firebombing the wealthys home and businesses? Oh yeah they'll finally just move to Elysium.

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.

Such a proposal was presented in the science journal Nature by four environmental “experts” as a means of reducing global carbon emissions.

Everyone would be issued with a ‘carbon allowance card’ “that would entail all adults receiving an equal tradable carbon allowance that reduces over time in line with national [carbon] targets.”

The authors make it clear that the program would be a “national mandatory policy.”

Carbon units would be “deducted from the personal budget with every payment of transport fuel, home-heating fuels and electricity bills,” and anyone going over the limit would be forced to purchase additional units in the personal carbon market from those with excess to sell.”