Global 4C Proposal Wins in MIT Competition

CRCS-MIT-CoLab-Award-2014A proposal authored by Dr. Delton Chen, and sponsored by CRCS, has won in the 2014 MIT Climate CoLab Competition. The Global 4C proposal was not the winner of the final prize, but it was a winner and very well received and recognized at the conference.

The conference itself — or at least the part we were present for — was itself quite fascinating, and remarkable for the variety of entries, the keynotes, and of course the conversations in the halls. We were unfortunately detained in New Jersey for a crucial meeting on Thursday morning (which turned out well, advancing the cause of PACE financing in New Jersey), and then set off for Boston in drenching rain, poor visibility, and at least four major accidents along the way. Harrowing. We finally made it around 3:45 to the venue, and got to the breakout room for your presentation just as you were answering the last question.

People felt the proposal was serious and well thought-through, and were happy to speak with us about it. The videos, and above all the new radio interview, linked below, have made the idea very clear and accessible, so we no longer have to spend much time clearing up misconceptions.
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Notes on the Contribution Economy

Without really giving it too much thought, I’ve been calling the economic philosophy that we’ve been working on “the Contribution Economy.” The idea is simple, perhaps even simplistic: since people get the greatest satisfaction from “making their contribution,” why shouldn’t we have an economy based on their doing so? If everyone got to make their highest contribution, and felt they were doing so effectively, wouldn’t we have a more successful economy, i.e., one that satisfied more people?

Compensating people for what they contribute seems both the fairest approach, and a way to incentive what we want most, which is to encourage people to make their highest contribution to society overall. Of course, there’s a certain minimum that everyone requires to live (which many people currently fail to receive), and this ought to be considered their reward for simply “showing up.”

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Why We’re Asking

JCloudStorerSmAsking for money is one of the more challenging things that every charity has to do. The first question we need to answer, however, is “Why are we asking?” If we don’t have a clear and compelling answer, we’re handicapping ourselves from the start.

So here’s why.

  • It’s to give people the opportunity to contribute to the world they believe in.
  • It’s to give us the ability to keep working on creating a world that works, by providing “regenerative community solutions,” i.e., practical ways of restoring and building communities that last and become self-reinforcing and self-sustaining.
  • Ultimately, it’s to empower the world of generosity, the you-and-me world, rather than the you-or-me world.

In The Soul of Money, Lynne Twist, who has raised more than $150 million in individual contributions, tells the story of her own first monetary contribution:
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NJPACE: A Homegrown Success Story?

We’re committed to a future that has New Jersey PACE as a local success story in the making. Working back from this future, what will this look like, and what will it mean for New Jersey?

Let’s imagine what New Jersey might look like in ten years with PACE. Continue reading

10,000 Rain Gardens

Cities across the US are competing to install 10,000+ rain gardens as part of community-wide campaigns — Seattle is looking for 12,000 near the Puget SoundKansas City, Mo is creating 10,000; and Sustainable Jersey City thinks 11,000 is about the right number for Jersey City.

What’s even more interesting is that these are being seen as community engagement and revitalization projects. Jersey City’s is indeed “crowd-sourced”: Continue reading

Crowdfunding for PACE in New Jersey

JCloudStorerSmThe challenges we face in New Jersey as a result of climate change are significant, and so therefore are the opportunities. The experience of Superstorm Sandy showed us just how ill-prepared we are for the more frequent recurrence of extreme weather; and how important it is that we set an example for taking action to mitigate our own greenhouse gas emissions, as other states are doing around us. And there’s also no doubt about the urgency of it — as you can see from this remarkable video:
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Preparing to Launch Our NJPACE Crowdfunding Campaign

NJPACEOrg-logoDG-MakeaDonationDeveloping our crowdfunding campaign is giving us an extraordinary opportunity to explore using PACE to revitalize New Jersey communities. By itself, PACE is an innovative business model that creates jobs and economic development while providing the ultimate tool to finance energy efficiency and renewable energy projects on private properties. But leveraging PACE for community development is where the real payoff is, that is to say, for the benefit of the community as a whole.

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Get a Sneak Preview of Our NJPACE Crowdfunding Campaign

NJPACEOrg-logoDG-MakeaDonationWe’re doing something that seems almost counter-intuitive: we’re asking you, and hundreds of other ordinary people, to donate money to an unusual kind of charity, to help us start what should result in a major economic boost to New Jersey.

This is a way of doing something about climate change that’s significant, personal and concrete. It’s significant because this program will remove millions of tons of carbon pollution each year. It’s personal because we’re cleaning up New Jersey (or, the planet, if you don’t live in NJ). And it’s concrete because this effort will create tons of jobs as energy efficient and renewable energy systems are installed.

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Vote for Our Entry to the Climate Colab Competition

6Bbar_mk_400x400For the past several months, we’ve been working with a hydrogeological engineer and climate scientist in Australia, Dr. Delton Chen. Delton is the lead author on a remarkable proposal to address the problem of climate change via the use of a global alternative currency designed to support the mitigation of climate pollution through an incentive rather than a tax or cap-and-trade system.

Flower&Earth

Click to view & support proposal

Delton approached us to sponsor his year-long project to develop a practical global policy response to the failure of the international community to agree on a strategy for reducing greenhouse gas emissions. Dubbed G4CM, for “Global Complementary Currencies for Carbon Mitigation,” the core of the proposal has now been put forward in multiple venues, even while some of the technical details are still be worked through with a team of international economists and climate experts. One of these venues is the Climate Colab, a project of the MIT Center for Intelligence, “a crowdsourcing platform where citizens work with experts and each other to create, analyze, and select detailed proposals for what to do about climate change.”

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A Sneak Peek at Our New Crowdfunding Campaign

You can get sneak preview of our crowdfunding campaign at http://bit.ly/1us8SQG. If you’d really like to support us, the best way to do this is to create a personal fundraiser page. You’ll be invited to import your contacts, which will begin to make this go viral… And stay tuned: we’ll be launching the campaign officially next week.