⚡️🇬🇧 NEW - British banks are starting to link customer spending to carbon emissions. Quotas are being put in place. NatWest has updated its app to monitor customers’ carbon footprint based on their purchases - a chilling glimpse into how financial control and digital ID could soon merge. 🔴 Every transaction now analysed for “environmental impact” 🔴 Banks turning into social engineers under green pressure 🔴 Digital IDs could link spending habits to personal scores next Britons never voted for this surveillance. When banks become climate enforcers, freedom disappears. image

Replies (18)

People need to start taking their money out of the bank and then spending it in shops. The harder it is for them to get the data, the longer freedom lasts.
Default avatar
topcat84 2 months ago
"You'll own nothing and be happy..." in those fancy rented pants. It's happening right infront of us right now. -69 points on my carbon score and no meat allowance for the rest of the month.
Javier's avatar
Javier 2 months ago
Santander and ING has been doing this for years.
Having worked in carbon accounting before, I don’t see how this can be anywhere near accurate calculations… how can they possibly workout carbon emissions from an amount spend and a vendor’s name?
Having worked in carbon accounting, the methodology is dogshit. Basically, they multiply amount spent by a financial emission factor (kg CO2e/ £), which usually has ~80% uncertainty, based on sector averages they match with the vendors name. Say you spend £50 at Boots, well, they estimate your CO2 emissions as £50 x average CO2/£ of “pharmaceuticals, healthcare and beauty” products, independently of what you actually purchased. It gets even more vague when the vendor is multi-sector, like a supermarket selling literally everything. There’s no way they can get more accurate data unless merchants report product-level details of your purchases to the bank or government. View quoted note →
Digital ID, CBDC, Digital Health Pass, Social Credit Score, you fail to comply with the rules, they shut down your CBDC account and cannot buy food. Try to fly somewhere? forget it. They will use the banks as enforcers just like they did to control you with useless AML/KYC. The only way out? Get #bitcoin and #monero, pack your bags and leave the country asap. View quoted note →
Cody's avatar
Cody 2 months ago
I figured this was regurgitated fear mongering. Thanks for clearing that up