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Australia’s Banks have introduced a Social Credit System by linking Publics transactions to their Carbon Footprint

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Banks that turn green, yes, but at what cost? Commonwealth Bank, an Australian bank also known as CBA, that already refuses to allow its clients to support The Expose, has teamed up for the first time with CoGo, a startup that specializes in “carbon management solutions”, to create a feature that monitors the carbon footprint of its customers through their transactions.

As part of this partnership, a select group of customers can view their carbon footprint through their online banking apps. In addition, they can purchase carbon credits to offset excess emissions from previous months.

Customers can pay a fee to help offset their CO2 footprint within the app.

Customers get notified when their individual purchases exceed the “acceptable” carbon average. The customer would then get guilt-inducing messages on his phone, like “8 trees were cut down”.


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By Sikh for Truth; Editor of Truth Talk UK

Towards mandatory monitoring of carbon footprints?

By combining the bank’s extensive customer roster with CoGo’s industry-leading capabilities, we will soon be able to offer enhanced transparency to customers so they can take concrete steps in reducing their environmental footprint, ” CommBank Group Director Angus Sullivan said in a statement on October 5.

He also added: ‘Our data capability will provide greater personalisation for customers over time, including more granular information about their carbon footprint with the option to offset individual transactions.’

The bank calculates a customer’s carbon footprint based on the ‘transactions made on your CommBank credit or debit cards’.

It says the national average for carbon emitted in kilograms is 1,280 – while a sustainable figure is around 200.

This upcoming feature will be available to all bank customers next year. Initially presented as a personalized carbon footprint.

Commonwealth Bank says the data is private and not given to CoGo, and that eventually, the data will be so specific it can be broken down into individual transactions.

Despite a supposedly better understanding of carbon footprints and their compensation, there is still a fear that such programs will become mandatory. This will restrict individual purchases under the guise of combating global warming.

In the scientific journal Nature, four climate experts raised the idea of ​​a disturbing program to better control individual consumer CO2 expenditures.

A kind of personal map on which the carbon footprint would be expressed in the form of quotas. These would decrease according to travel, heating and electricity costs and other domestic lifestyles.

Anyone who exceeds the limit in accordance with the national objectives of each country would thus be obliged to buy additional units on the personal carbon market. Reselling would be done by those with units to resell.

Would the travel bans and other extreme measures taken by governments around the world during the Covid-19 crisis have prepared the ground for a certain docility towards the introduction of revised financial control measures under the guise of the climate debate?

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US Senator Rand Paul had already sounded the alarm about Davos attendees for whom “privacy is not a concern. […] They want to follow everyone with a QR code”.

He also said: “The real danger here that’s even more dangerous than all their phoney caring about carbon footprint,” he said. “The real danger is this look how bad your government is in a country where you get to vote for these people. This would be a government, a world government where you don’t get to vote on anybody. This is everybody’s worst nightmare.”

The measure of Commonwealth Bank is also in line with that of Credit Suisse. Through its “Tree Print” study, the European banking group also points the finger at Western lifestyles in the face of reforestation needs.

As a result, for a sustainable lifestyle according to the Paris Agreement, the “ideal” consumer would take only three showers a week, eat no more than 25 grams of cheese, eat insects, take only one short flight a year and only wash their clothes once per month.

In the UK we are already aware of the infamous “Nudge Unit” which is working with UK banks to implement a social credit system disguised as carbon guilt trip trackers.

According to the Nudge unit, banks should use their “wealth of data” to provide “carbon feedback” on transactions, and introduce social credit-style rewards and incentives to encourage “sustainable behaviours.”

We’re moving towards a net zero social credit system based on sustainable behaviour and a highly controlled populace.

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ethanol05aurora
ethanol05aurora
11 days ago

If you bank with NatWest in the UK, check your spending tab on the bottom tabs. This has gone unnoticed by many. Sh1ts got real.

E4ABCDCC-E5BD-461E-9186-88677F88ABBF.png
Mary
Mary
Reply to  ethanol05aurora
11 days ago

Ugh… It’s sickening…

GundelP
GundelP
Reply to  Mary
11 days ago

Boris Johnson’s father said it straight.
We won’t be able to fly with a plane.

butterballs
butterballs
Reply to  GundelP
10 days ago

Why is anyone listening to that utter creep – he used to beat up his wife and look what a mess his son is? What is their carbon footprint? Wasn’t he zapping off to his Spanish villa during lockdown? Why did he have children if he thinks there are too many people? Why did his son Doris?

GundelP
GundelP
Reply to  ethanol05aurora
11 days ago

My second try to comment on this, the first (from my other computer) still awaiting approval……

When people will realize that their mobiles are the enemy, precisely a handy tool directed via your enemies. You are carrying your scuffs.
How would they do a “track and trace” without mobiles? Or this? They might would be able to solve but it wouldn’t be easy and at least slower them down.
It’s carcinogen!
It can be used as a weapon (proof is mine always in the red, danger level according to my EMF meter).
For the vaxxed it is the gateway for the injected nanotech.
A cross in you if you like.
And now it used to restrict you.

Janet Cutts
Janet Cutts
Reply to  GundelP
9 days ago

I agree my snart phone is now disabled into a phone with just text & emails I use cash as much as possible & my carbon neutral mastercard is soon going in the bin

john
john
11 days ago

All of this is occurring in countries where the fake UK monarchy has asserted its piracy.
In a previous Letter to the Editor, i asserted the reason for the ongoing genocide which had the trolls attacking the article. Basically because that article was over the mark.
The assumption i made, has been verified by the Fiduciary of the real American Government in an article published today. Which the expose currently are deciding whether to print a comment i made earlier with a link to the attached article.
What has been stolen from the people through systemic fraud, must be paid back.
If the people are murdered, there is no body to reimburse their property back to.

A Person
A Person
11 days ago

The Elites:

“When we said in the 80’s that if you didn’t cut CO2 output within a few years, the Earth would be doomed, that was a lie.
When we said in the 90’s, that if you didn’t cut CO2 output within a few years, the Earth would be doomed, that was a lie.
When we said in the 00’s that if you didn’t cut CO2 output within a few years, the Earth would be doomed, that was a lie.
When we said in the 10’s that if you didn’t cut CO2 output within a few years, the Earth would be doomed, that was a lie.

When we said the 1st shot would be good for you long-term, that was a lie.
When we said the 2nd shot would be good for you long-term, that was a lie.
When we said the 3rd shot would be good for you long-term, that was a lie.
When we said the 4th shot would be good for you long-term, that was a lie.

BUT THIS TIME, WE’RE TELLING YOU THE TRUTH!”

denek55
denek55
Reply to  A Person
11 days ago

This is the biggest lie too.

Mary
Mary
11 days ago

I’m in the process of shifting my accounts from the CBA to Bendigo bank. However, it will eventually reach all the banks as in the end they will “have no choice”. What mankind has to realise is that mankind CANNOT GET ITSELF OUT OF THIS MESS. We have turned out backs on God. We have shut Him out of our lives, our schools, our parliaments, and HAVE BROKEN EVERY COMMANDMENT. Legalising divorce, abortion and fake marriages and mutilating our children by allowing them without parental consent to transition WE HAVE BECOME LAW-less. Every natural law broken as well… So He is allowing the tyranny to happen to us to WAKE US UP. Until we turn back to Him and cry for His help AND CONFESS OUR ERRORS in enough numbers things will just get worse. We must begin with humility in prayer!!

Vita
Vita
11 days ago

World Government Summit 2022 – by OUTRAGED HUMAN (substack.com)


World Government Summit 2022: What Pippa Malmgren is talking about is BLOCKCHAIN and digital currencies
“We are on the brink of a dramatic change where we are about to, and I’ll say this boldly,
we are about to abandon the traditional system of money and accounting and introduce a new one. And the new one; the new accounting is what we call blockchain…
It means digital, it means having an almost perfect record of every single transaction that happens in the economy, which will give us far greater clarity over what’s going on.”

Traffer
Traffer
11 days ago

I use cold water for washing and haven’t used a dryer for decades. Also planted trees when I was younger which is now a forest. How do I claim my back credits? Bitcoin even at the current value will suffice.

Fleur
Fleur
Reply to  Traffer
11 days ago

Following the Chinese credit score system , which is already up and running , you are a lucky man, you will qualify for a free bus ride. Lucky you !

thursa
thursa
11 days ago

“only wash clothes once a month” is not an accurate rendering of the WEF video. If you follow the link the recommendation is to only wash Jeans once a month, all underwear and sports clothes after every wear – jumpers once a fortnight. Use shorter wash cycles and cooler temperatures. I already do all of this already part from the jeans (which admittedly is a bit of a surprise – after a month they would stink if worn daily, so presumably, one would need to revolve a few pairs which defeats the object) and winter jumpers are lucky if they get washed 4 times a year in my house.

Redsheep
Redsheep
Reply to  thursa
11 days ago

Virtue signaling much?

Fleur
Fleur
Reply to  thursa
10 days ago

Poor you 😢. Financial difficulties are very stress full, hopefully you will be able to get back on you feet soon again and be able to wash again.

BillW
BillW
11 days ago

I’d like to know where the monies collected from purchasing carbon credits goes to and then what it’s used for.

Using it for ANYTHING else then reducing the carbon footprint of the nation should be considered fraud.

Janet Cutts
Janet Cutts
Reply to  BillW
9 days ago

The whole thing is fraud

trackback
11 days ago

[…] Coming to a hemisphere near you. […]

David G old
David G old
11 days ago

Blackrock owns 23-27% of the shares of the CBA

Fleur
Fleur
11 days ago

Go Cash, Cash and again Cash!

Frank S.
Frank S.
10 days ago

I draw the line at being forced to carry a methane detector in my back pocket.

Merv
Merv
10 days ago

As long as I can keep my Lear Jet, and maybe just a couple of helicopters I shall be fine. And if my credits get a little tight, I shall just buy more from the plebs to keep my garage full of Ferraris warm.
I may even have to turn one of my swimming pools into a skate bowl.
Hard work, being billy goats, or any of a long list of rich criminals.

ICFUBAR
ICFUBAR
8 days ago

The simple solution is to use cash. So USE CASH people or suffer the consequences!

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3 days ago

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Loïse
Loïse
3 days ago

C’est incroyable! Comment un pays qui pollue avec son charbon peut-il exiger de ses citoyens? Courage à vous.