Apr 01, 2013 1 Comment
Financing of renewable energy projects is hampered by two systemic economic effects – market ‘externalities’ that make them appear less attractive (versus fossil fuel development) than they should; and the effect of embedded interest in the cost of capital. Graham Barnes describes some creative methods for overcoming these hurdles.
Dec 04, 2012 5 Comments
by John Jopling. How could governments be forced to take the necessary measures to address climate change? In his book Revolution Justified, Roger Cox suggests that legal action may provide the best way forward; an idea shared by many in Feasta’s climate group.
Nov 20, 2012 No Comments
Should the funds from Cap and Share be distributed equally to individuals or are there better ways of using them? Indians are even more in need of financial help than those suffering from austerity programmes in the west, but James Bruges explains why he believes it would be better to distribute to community organisations in India. He starts his chapter of Sharing for Survival with some comments on climate and also covers related economic issues.
Nov 13, 2012 10 Comments
A consensus becomes established out of the persistence of what it attempts to describe. It is inherently retrospective. It tends to assume that what has been, must continue. A couple of decades of low interest rates and stable global economic growth, and well, it becomes the natural order of things.
Sep 17, 2012 Comments Off
Ireland is unusual among industrialised countries in that it has no property tax. But that is about to change – and the type of property tax that is brought in will be crucial to Ireland’s future. This new book from the Smart Taxes Network and Feasta explains how a poorly-designed property tax could bring about a second massive transfer of wealth from the 99% to the 1%. A Site Value Tax would be vastly preferable, and the book convincingly shows how easy it would be to assess and implement.
Aug 21, 2012 No Comments
This chapter by Laurence Matthews from our latest book illustrates some features of Cap & Share, a programme for gradually eliminating global fossil fuel use which places a strong emphasis on fairness and equity.
Jul 23, 2012 2 Comments
This paper was prepared by Graham Barnes for the International Social Transformation Conference in Split, Croatia, He argues that “once we realise that currency – nay, money in general – can be designed to fulfill or support specific objectives, it sets us free. Free from the constraints of the broken pseudo-science that is mainstream economics; free to recognise that not all transactions are of equal importance; and potentially free to redesign ourselves away from our existing pervasive elite monetary hegemony and reclaim the monetary commons.”
Jul 13, 2012 No Comments
This talk given by David Knight on July 4th describes three possible future scenarios: runaway climate change; collapse triggered by peak oil; and “green future”. He takes into account recent claims that peak oil can be postponed by the adoption of unconventional methods of oil production, and he concludes by presenting a wish list of actions by governments and citizens.
Jun 17, 2012 12 Comments
This new study by David Korowicz explores the implications of a major financial crisis for the supply-chains that feed us, keep production running and maintain our critical infrastructure. He uses a scenario involving the collapse of the Eurozone to show that increasing socio-economic complexity could rapidly spread irretrievable supply-chain failure across the world.
Jun 11, 2012 No Comments
Brian Davey’s preface to our new book Sharing for Survival: Restoring the Climate, the Commons and Society describes climate change as a ‘wicked problem’, with no single, clear solution. The book therefore presents a patchwork-quilt-style diversity of responses to climate mitigation. Although the authors may differ in the specifics of what they suggest, they are united by their concern for effectiveness and equity.
May 26, 2012 3 Comments
At the Feasta climate weekend in Wales last month David Knight gave a presentation on ‘fracking’: the use of unconventional methods for extracting natural gas. Fracking has become the subject of much controversy on both sides of the Atlantic as the energy industry lobbies for its widespread adoption. Knight discussed its viability in terms of energy return on investment, its potential as a pollutant and its effect on climate change. You can download his powerpoint slides from this site now, along with the script he used while giving the presentation.
May 21, 2012 No Comments
I attended the recent Transition Networks one day conversation in London on ‘Peak Money and Economic Resilience’. Prompted by the event, I have contributed some thoughts on the fundamental objectives of a local exchange currency – increasing both the proportion of trade that is locally-based, and overall liquidity – and on how these might best be achieved.
May 10, 2012 No Comments