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Australians can now buy carbon-neutral car insurance

Posted Oct 8th 2007 at 8:01AM by Sam Abuelsamid

Filed under: Carbon Offset

Australian drivers who want to clear their environmental conscience can buy "carbon neutral" car insurance from ibuyeco. When you get your insurance through the company an extra surcharge will be applied to your premium to buy carbon offsets equivalent to the output of the insured car for the term of the policy.

The money will go to eco-friendly projects identified by Greening Australia. The insurance is offered by Australian Insurance Holdings and a similar program has been in place since June in England by BGL Group. BGL says the ibuyeco program has offset 20,000 kg of carbon dioxide emissions since the program launched.

[Source: ibuyeco.com.au, via Drive.com.au]

Tags: australia, carbon-neutral-car-insurance, ibuyeco

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