They ARE coming for YOU!-----Aussie Bank Now Linking Customer Transactions To Carbon Footprint - Climate Change Dispatch

Aussie Bank Now Linking Customer Transactions To Carbon Footprint - Climate Change Dispatch

• 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. [bold, links added]
• 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...