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    Home » New credit card tracks your carbon emissions
    Economy

    New credit card tracks your carbon emissions

    Disclose.tvBy Disclose.tvSeptember 21, 2021Updated:September 21, 20211 Min Read
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    Doconomy is a “credit card” endorsed by Klaus Schwab’s World Economic Forum.

    But there is more!

    It tracks the “environmental impact” of everything you buy (including food) and cuts you off when you “used up all your carbon credits.”

    That’s right, it’s the first credit card ever to stop you from overspending based on the level of CO2 emissions generated by your consumption. It’s presented as an “educational effort,” according to one of the founders.

    Now Mastercard will “team up” with Doconomy, as announced in a Tweet recently.

    We’re teaming up with partners Barclays @ThinkRiseNY + @Doconomy to launch the #ClimateFintech Cards & Payments Challenge – for fintech startups who want to co-create the future of digital payments with us and help tackle climate change. Join us: https://t.co/Z8nXszXtLz pic.twitter.com/D59ll6QyGJ

    — Mastercard News (@MastercardNews) September 8, 2021

    If you like to eat meat, better don’t ever consider this credit card at all:

    Welcome to the “Great Reset” in the world of credit cards:

    Doconomy also emphasizes gender and racial equality, with 50% of their board being female, and a woman of color serving as their CEO. 

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