Canadian Bank Launches Credit Card Linked to Carbon Emissions
November 18th, 2022Via: Summit News:
A bank in Canada has become the first in the country to launch a credit card that tracks a customer’s carbon emissions, amid concerns that such a scheme could one day be used to restrict purchases.
In an effort by the credit union to display its commitment to ‘climate action’, Vancity will offer a credit card that links purchases to carbon emissions, allowing customers to compare their monthly carbon footprint to the national average.
The bank will also advise customers on how to limit their carbon footprint.