Sunreign Reference: Real Carbon Credits

Real Carbon Credits

Om de transitie te kunnen maken naar de schone economie is een nieuw geldsysteem vereist. Dit systeem is vrijwel identiek aan het huidige systeem, met een verschil, het schermt zich af van fossiele brandstoffen. Dit laatste is essentieel omdat fossiele brandstoffen momenteel de basis zijn van vrijwel alle productiviteit en dus alle kredietverstrekking.

Het nieuwe geldsysteem staat het creeren van krediet toe door producenten van CO2 vrije energie, CO2 reducerende activiteiten etc. Wie iets produceert kan geld creeren en uitgeven aan anderen die iets produceren. Binnenkomend geld verdwijnt.

The Inivsible Hand

this article discusses the effects of the invisble hand (fraud) on markets with kwh currencies backed by renewbles.

A supra national reseve currency

here the alternative of energy over gold is discussed. Obviously it has advantages.

"I believe that it is only through the use of an energy standard – rather than a fiat currency or gold - that the transition from carbon-based fuels to renewable energy may be painlessly made, and in so doing, allow the US, and other nations to repay their energy, and other resource debts."

Kilowatt Card

Kilowatt card is a well thought trough system of debit cards where the holder can exchange kwh outside the monetary system and redeem them online towards any entity that sells kilowatts. Its weakness is that it does not reserve any kilowatts, so it does not protect agains inflation of electricity prices. This problem can be fixed. One could imagine a joule/kwh card.

Energy Curencies

Deze link naar informatie over energie muntsoorten

Utility scale energy currency

If a utility company where to accept kwh/joules as currency that would imply it could deliver them on demand. The most efficient way to do that would be to generate them as close to the user as possible, even in the house of the user.

But let's say people buy kwhs or joules at the present price and use 5 kwh as the currency unit. Then with the money that costs the system finances panels that do generate kwh's. With a payback time of 8 years one would have to have 8 times as much energy money in circulation as one would have energy produced, that is if the thing is not financed but payed.

A direct financing system of 1 KWp = 1000 Wp produces 850 kwh = 170 Euro annually but cotst about 2000 Euro, so payback is in 11.7. years This means 11 times more money needs to circulate to be redeeme ultimately after 11 years.

An indirect financing systemwould involve interest payments. They would have to be less than the yield. This is easy to achieve if one takes a total runnig time of 15 years ( like with mortgages). So a system would not require much kwh to be sold in advance because the energy is sold in Euro. If the loan where set in Kwh the deal would be less attractive for the owner. Now the investor can speculate on the rising price of electricity and invest.

Patents

A patent for a Fixed-Reference Money System Based on Electrical Capacity.

A system for conducting commerce using electricity-backed certificates, comprising: a physical certificate or electronic representation thereof having a face value and denominated in units of electricity representing a specified amount of electricity to be provided to a user thereof,

Smart meter patent

Automatic carbon accounting

Automatic adminstration of environmental behaviour

Real Carbon Credit

We need to separate the carbon dependent economy from the no carbon dependent economy. To do that we create a euro placeholder, with the value of a euro, but only usable to buy anything but carbon energy.

Anyone that wants to can then buy renewable sources and get carbon credit in Euro, provided he/she sells the energy only in RCCs.

This will also remove cash from the financial system.

Lokaal geld in Groningen
Bijlmer Euro