Re: [P2P-F] circular financing of regenerative activities
thanks James! have you talked to the ReGen people about this ? On Sun, Feb 17, 2019 at 5:44 PM <[email protected]> wrote:
Great video but... this addresses one sector - agriculture - and only touches on water (via streams) and has no influence on energy systems. The impact of the carbon sequestration factor is also exaggerated -- soil sequestration of carbon dioxide will still take several centuries to return the atmosphere to mid-20th century levels of carbon dioxide, according to the IPCC.
The other problem is RegGen's use of blockchain to focus on market-based incentives without recognizing that an integrated regenerative approach (involving all key renewable and non-renewable resources) could actually restructure the monetary system and create a true circular economy. Here is where monetary signals (which some folks cannot comprehend) originate. ReGen has it right with the sensors and monitors but makes the mistake of turning this into financial data. As I told ReGen last June in Amsterdam, they haven't grasped the difference between financial and monetary policy and are making holistic claims that are highly misleading.
Sure, it's a wicked problem but let's be clear: balancing extractive economics with regenerative economics requires a set of metrics that is not market-based. You don't solve a problem by using the same assumptions and methods that created the problem in the first place.
----------------------------------------- From: "Michel Bauwens" To: "Michel Visioning Bauwens", "p2p-foundation", "Research stream email of P2P Foundation" Cc: Sent: Sunday February 17 2019 4:53:07AM Subject: circular financing of regenerative activities
I very strongly believe this is one of the key solutions for climate change mitigation, and more generally, about creating 'circular finance' mechanisms, i.e. rewarding generative, rather than extractive activity:
<https://vimeo.com/299326236>https://vimeo.com/299326236
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Michel Bauwens