2010-02-04 14:05 BJT
Industrial Bank and China Beijing Environment Exchange jointly launched a "low-carbon credit card" in Beijing on January 28. It is the China's first low-carbon credit card. It signifies that China has begun to encourage individual consumers to save energy and reduce emissions.
According to Yan Xuewang, manager of the Credit Card Division of Industrial Bank, as China's first low-carbon credit card, the card not only has basic functions, but also enables the Industrial Bank to build a carbon emission reduction platform with China Beijing Environment Exchange. On the basis of this platform, a cardholder can realize carbon neutrality by first estimating his/her annual carbon emissions and then paying for them.
So-called carbon neutrality means that a company, organization or person calculates the total amount of the greenhouse gases they have directly or indirectly released over a certain time period, and then they fund energy conservation and emission reduction projects that meet international standards by buying carbon credits in order to remove their carbon footprint and protect the environment. According to statistics, China's annual carbon emissions per capita are about 5.7 tons of carbon dioxide.
