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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.

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https://youtu.be/faztj1qvZRI?t=19

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. ... https://youtu.be/faztj1qvZRI?t=19

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[–] 1 pt

This is exactly why I've reverted back to cash. Banks shouldn't know or care what I spend my money on. Frankly it creeps me out that they know. Next thing you know you'll be getting warnings that you're getting too close your allowance and they will be freezing your funds until next month.

[–] 1 pt

I'm joining, joining now

Then I'm gonna pull a project veritas

ask them what happens when everyone decides to withdraw cash only.

Ask them what happens when everyone decides to move their assets to another less woke bank...