December 18, 2009 – 4:02 am
There are two ways to encourage investments in renewable energy. One way is to reduce the financial cost of investing in renewables and the other is to increase the price of energy produced by burning fossil fuel.
Both approaches will work and both can be implemented in different ways but the principle remains the same. In [...]
November 30, 2009 – 8:59 am
Energy Rewards is a socially equitable, economically efficient, wealth creating system to reduce the levels of greenhouse gas levels in the atmosphere to whatever level we collectively decide.
The method is to give citizens the right to take up zero interest loans in inverse proportion to their consumption of energy. If the loan rights are taken [...]
November 28, 2009 – 5:48 am
The ACT government is planning to build a dam on the Cotter River to store an extra 70 gigalitres of water for use when there is little or no water in the rivers. Over a period of 40 years we can expect the dam to fill at least twice and for at least 140 gigalitres [...]
November 17, 2009 – 7:26 am
The following proposal will finance the National Broadband Network, stimulate the economy in a positive way, and be of no cost to the government.
The broadband network will be funded by individuals in Australia taking out zero interest loans and investing the money from these loans in shares in the National Broadband Network. The money to [...]
November 1, 2009 – 5:50 am
I have just listened to the last Soros lecture and he makes many good points http://www.ft.com/indepth/soros-lectures .
Soros has long argued that stable equilibrium as a model does not reflect reality and he continues to make a lot of money because policy makers act as though it does.I have also listened to a talk by Tim [...]
October 26, 2009 – 12:07 pm
A slidecast of this presentation is available at http://www.slideshare.net/cscoxk/zero-interest-loans-for-energy-sustainability
Approximate text
This talk was first presented at the green new deal event put on by the green institute http://greeninstitute.org.au/gnd
It came after an talk by Tim Jackson who presented his book Prosperity without growth.
In the talk I discuss one mechanism to implement Prosperity Without Growth.
The key to sustainability [...]
October 3, 2009 – 5:28 am
In a recent LateLine discussion Jim Greenwood, president and CEO of the Biotechnology Industry Organisation put out a challenge to Australians to come up with a better way of financing research and development in gene research than the approach using patents. The following is a better way.
Patents are used to increase the cost of the [...]
September 10, 2009 – 7:02 am
ACT Residents are being asked to pay extra money for water to pay to build the Cotter Dam. The following is a financing arrangement that will build the dam, cost the government and Actew nothing, cost the Federal government nothing, give the residents of Canberra ownership and ongoing income from the dam and be very [...]
August 27, 2009 – 5:21 pm
The following appeared as a letter to the editor of the CT on August 27th.
Bede Harris in his article “Our democratic system fails us” CT August 26th makes two good suggestions on how to reform the system. Another reform can be made in the allocations of public funds and political donations to candidates. Currently we [...]
August 23, 2009 – 8:47 am
Another approach to funding health is to realise that most medical costs do NOT require insurance. That is, we can predict pretty well how much we need on average for the “regular” items. These are things like dental work, regular “check ups”, pre-natal, birth and post natal, injections, minor accidents, treatment for diseases such as [...]