James Pike explained how a non-debt method of financing property development, Equity Partnerships, can not only rescue completed developments which can't be sold in the present market, but can also provide a way in which all occupiers gain a stake in future developments. Equity partnerships are equally suitable for community energy projects.
The New Emergency
Mark Rutledge argued that the adoption of Cap and Share, Feasta's proposed framework for a global climate treaty, is a necessary tool for dealing with peak oil and the current world recession. Unless it is used, he said, any economic recovery will be strangled at birth as oil prices rise again.
Ludwig Schuster, who advises many of complementary currency systems that have sprung up in Germany, looked at the role that money systems have to play in moving economies away from the exponential growth paradigm. He argued that, as different activities offer different benefits, special currencies may be needed for particular purposes.
David Korowicz documented the disturbing growth in the complexity of trade and financial networks and in the various types of infrastructure. He sees the collapse process as a system of re-enforcing feedbacks that cut investment in energy and R&D and cause supply chains and IT networks to break down.
Dmitry Orlov explained why efforts to extend the lifetime of the industrial, fossil fuel-based economy are misguided and will fail. He then presented alternatives, describing how patterns of land use can be transformed into patterns of habitat creation and how informal local networks of sustainable non-fossil-fuel-based production and distribution can be created.
Brian Davey is an economist with an interest in mental health and how and why systems break down. He believes that a fluid situation exists now that the financial and political parts of the present system have discredited themselves. He wants to see if local green initiatives (like Transition Towns) flourish, eventually developing national level capacities to transform the energy and transport infrastructures of societies.