It is generally accepted that car engine and fuel emissions contribute to climate change. Whilst the biggest mode of transport impacting on our climate is without doubt air travel, everyday car journeys continue to play an important part, accounting for 25% of all UK emissions.
Whilst the recent extortionate fuel prices (thankfully starting to come down again!) may have helped some to do their bit by reducing the number of journeys made, automatically reducing their carbon footprint, this is not to say that they can’t do more.
ibuyeco, the car insurance provider, offers a new concept by amalgamating a car insurance policy with the concept of carbon offsetting.
The idea being that a policyholders’ carbon footprint is calculated using details gathered during the gathering of information to calculate a quotation such as mileage, model of car and use of car.
The cost of offsetting 100% of the policyholder’s carbon footprint is calculated and simply added to the car insurance premium.
ibuyeco purchases carbon credits from carbon reduction projects such as studies into alternative energy sources to offset the CO2 emissions produced by driving the insured car.
Lucy Bailey, Senior Marketing Manager of ibuyeco says:
Consider These:“Choosing a green car insurance provider does not mean it is more expensive than traditional car insurance brands. We work hard to ensure that we deliver a competitive insurance quote as well as an opportunity to offset the CO2 emissions generated by the car during the year.”
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