Nothing to see here, move along, move along
/This consumer carbon monitoring system was actually introduced just before Earth Day 2019, but I just recently ran across a mention of it, and began poking around to learn more. Scary.
MasterCard introduces a new means of monitoring and limit consumer carbon use.
DO Black - the world’s first credit card with a carbon limit
30 APRIL 2019 | STOCKHOLM | AV AKRISTERSSON
Doconomy is now launching the world’s first credit card with a carbon footprint limit, DO Black. The launch of this premium card marks the first milestone in the support that Doconomy provides to the UN Climate Change secretariat (UNFCCC) to encourage global climate action. DO Black not only helps users track and measure CO2 emissions associated with their purchases, but also puts a limit to the climate impact of their spending. Users can now sign-up to register interest for DO Black.
Doconomy, a Swedish fin-tech startup for everyday climate action, has worked with Mastercard to develop this radical tool for consumers wanting to act against climate change. DO also invites the user to offset their carbon foot print through projects meeting the criteria of United Nations certified green projects. Simply put, the first card ever to prevent consumers from exceeding their limit, not based on credit, but on levels of CO2 emissions caused by their consumption.
“We all need to come to terms with the urgency of the situation and rapidly move towards more responsible consumption. With DO Black there is no more excuses. Through our collaboration with UNFCCC and Mastercard, DO will enable people to do their part to contribute to the carbon reduction goals of 2030 and onwards”, says Nathalie Green, CEO at Doconomy.
Voluntary? Not if your issuing bank requires it, and can you doubt that the government will soon demand it? Mastercard has already enabled that feature.
Credit card companies, issuers and processors alike, have been ending their relationships with gun dealers for some time: here, and here, for example, and those who still do business with the stores are now tracking customer purchases. From guns to, now, carbon use: it’s an easy step to monitor and punish those rebels who are operating “disinformation” websites, and all other anti-social behavior — just ask China, or Facebook, or Paypal.