Category Archives: Global Issues

An Opportunity to Invest in a New Economy

We make a difference in the world, by how we choose to invest our philanthropic dollars and/or investment funds.

We know that you know that we face planetary catastrophe if we don’t change the way our economy works today — we need to divest from those activities that are causing harm to the earth, and invest in ones that are restorative and regenerative. Whether you’re talking about large amounts, such as endowment funds of Ivy League universities, or the charitable donations you make at the end of the year, you know that moving from unsustainable practices to restorative and regenerative ones is what’s needed to reduce carbon in the atmosphere and put it back into the soil where it literally sustains life.

Our nonprofit, the Center for Regenerative Community Solutions (CRCS), is at the forefront of the effort to transform our economy into one that creates sustainable prosperity for everyone. Buckminster Fuller was amongst the first to recognize that we are technologically capable of producing a world that sustains everyone, and that gives us the opportunity to heal our planet, our psyche, and our civilization.

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Global4C Paper Featured at 2015 Earth Systems Governance Conference in Canberra

A paper entitled “Global 4C: World Monetary Union for Climate Change Mitigation,” by Delton B. Chen, Jonathan Cloud, Joel van der Beek, has been posted to the site of the 2015 Earth Systems Governance in Canberra, Australia, December 14-16. Focusing on the potential for using an innovative method of financing carbon mitigation and sequestration, the paper examines the basis for addressing economically the multiple challenges facing the planet, and the underlying causes of the failure of markets to incorporate the “externalities” that are now beginning to harm all of us.

As the paper notes at the outset,

“The future viability of our civilization is in serious doubt because of Anthropogenic Global Warming (AGW) [3][5][6], chronic degradation of ecosystems [9][30][45], and risk of nuclear war [64]. These harms and risks are related to unchecked economic growth, fossil fuel usage, resource consumption, and militarization. Civilization is evidently in need of systemic change to avoid collapse and to build restorative networks [50][52].”

The paper offers a more complete economic framework for environmental management, and a new public policy for climate mitigation that has not yet been considered under the United Nations Framework Convention on Climate Change (UNFCCC), and was not discussed at COP21 in Paris. The paper offers a roadmap to strong decarbonization of the global economy, even when orthodox policies are unable to deliver due to political delay.

The ESG conference, subtitled ‘Democracy and Resilience in the Anthropocene,’ is the 6th in a series of conferences on Earth Systems Governance, aimed at fostering “a better understanding of the vital questions of legitimacy, accountability, transparency, and democracy” in finding a way to be responsible for the vitality of a living planet. Previous conferences have been held in Amsterdam (2009), Fort Collins (2011), Lund (2012), Tokyo (2013) and Norwich (2014).

You can download the conference program here: ESG_Canberra_Program_Final_Web.

The Global4C proposal, for which CRCS serves as policy host, will be featured as part of a panel on “Green Economies, Consumption & Growth.”

NJ PACE 2015 Summit to Focus on What’s Possible for New Jersey

The theme of this year’s New Jersey PACE Summit is “PACE: what’s possible for New Jersey?” The subtitle gives part of the answer: “Resiliency • Clean Energy • Jobs”— these are the major elements of the story, that will be explored at the conference. And there’s more to it as well — PACE can provide regenerative community benefits, support new technologies, and foster new approaches to the global challenges of our times.

PACE, which stands for “Property Assessed Clean Energy,” is redefined in NJ’s new amending legislation to include “the purchase, lease, or installation, or any combination thereof, of renewable energy systems or the energy produced by such systems, energy efficiency improvements, water conservation projects, flood resistant construction projects, hurricane resistant construction projects, storm shelter projects, or safe room projects, undertaken by property owners on properties within a municipality.”

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Proposal for a World Currency for Strong Climate Mitigation, Global4C, Goes Live

Hosted by CRCS, Dr. Delton Chen has unveiled a new web site — www.Global4C.org — explaining his proposal to use a new global complementary currency to reward carbon mitigation and sequestration. The proposal was recognized in last year’s MIT Climate Colab contest, and is explained in detail on the web site. Some notes on the project:

  • The idea for the Global 4C Mitigation proposal was initiated by Dr. Delton Chen in June 2013 at Al Gore’s Climate Reality workshop in Istanbul, Turkey, and was conceived on the intuition that a new currency should be developed to globally finance greenhouse gas (GHG) mitigation. Dr. Chen devised the theoretical framework while traveling in Eastern Europe and Central America in 2013.

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“Being the Change” in 2015

JCloudStorerSm 2What we’re doing fits within the framework of “whole systems development.” It is made possible by the new levels of human coordination and communication in the digital age — what some people have called the emergence of “the global brain” — and by the possibility of pragmatic and sustainable solutions to human problems.

We are, in our own way, an expression of the most significant event so far in the course of human history, where we graduate to a new level of integrity, responsibility, and interrelationship with ourselves, with other species, and with the universe as a whole. If we’re aware of it, if it’s happening here, it’s likely also happening in many other places and contexts on the Earth. But it’s significant either way: whether we’re leading or joining the parade does not matter as much as the fact of our participation and our stand.

We have a number of ideas that we want to contribute to society, and we want that contribution to be recognized and rewarded in a way that’s proportionate to the value that’s created, so we’ve come up with the idea of a Contribution Economy. This economy would be fueled by an alternative global currency, Commons Credits (CC), awarded according to rules established and continuously updated by a collaborative of the best minds of our era.

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Global Climate Deal and the Missing Link

The climate deal fleshed out in Lima, Peru, is that all countries can set their own climate goals [1,2,3]. But will this be effective in preventing dangerous greenhouse gas emissions? Very unlikely, writes Delton Chen (Geo-Hydrologist, Civil Engineer):

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During the past 250 years of industrial and technological revolution, the primary catalyst for innovation and the fundamental driver of economic growth has been the availability of fossil fuels (i.e. coal, oil and gas). To avoid extremely dangerous climate change, the global economic system must be re-organised at a fundamental level, and the new order must include a social transformation that grows exponentially; otherwise the required mitigation of greenhouse gas (GHG) emissions will be too slow to avoid a climate catastrophe.

The United Nations Framework Convention on Climate Change (UNFCCC) was put into effect in 1994, and civilisation officially acknowledged that it was ‘addicted’ to fossil fuels. The ultimate aim of the UNFCCC is to prevent “…dangerous human interference with the climate system”[4]. The recent UNFCCC’s meeting in Lima, Peru, provides the latest update on civilisation’s de-carbonisation program, but the results of the Lima meeting signify global action will be further delayed given that nations are only obliged to make voluntary commitments. 

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