ASB MAGAZINE: From Jan 1st 2022 Global Surf Industries will be imposing a carbon levy on each surfboard and SUP manufactured. According to a statement, GSI’s research says that making a surfboard creates about 45kg of carbon emissions and a SUP about double that, so 90kg. With a general rule of thumb for transportation from manufacturing point to end user.
“We will round it out at 50kg and 100kg. The price of carbon per tonne varies around the world. For 2022 we are setting our price at A$40 per tonne. Which will mean that the levy will be A$2.00 for surfboards and A$4.00 for SUPs. This levy will be added to the price of all boards come Jan 1st 2022,” said GSI Founder Mark Kelly
On that date GSI will calculate the inventory on hand globally and establish the fund with the value of the goods on hand multiplied by the levy. They will add to the fund as each manufactured shipment arrives. The initiative will then fund projects on a 1:1 to 1:4 basis, this will depend on the project scale and the specifics of the project.
The Initiative will exclusively look to help fund purchases of solar power, battery storage and electric vehicles.
GSI Staff, GSI Vendors, GSI customers: Distributors, Retailers and Surf Schools will be invited to apply for funding from the initiative. It is forecast that the fund could enable up to A$250,000 worth of projects in the first year.
Detailed information will be supplied to GSI Staff, GSI Vendors, GSU Distributors and GSI customers just prior to the launch in Jan 2022. Global Surf Industries accepts that Climate Action is needed to help undo the damage done to the environment.
“We aim to do our part to help not only mitigate that damage but to hopefully get to a point where mankind is adopting better ways of living on this planet,” concluded Mark Kelly
VIS PRESS RELEASE