By Sam Friggens - Writer and Energy Analyst – September, 2013
Consider some numbers for a minute.
Work by the Carbon Tracker Initiative estimates that last year listed fossil fuel companies spent £427bn on developing new reserves of oil, coal and gas – despite the fact we can’t burn all existing reserves to stand a good chance of limiting global warming to 2C, the internationally agreed goal. In the words of Carbon Tracker founder Mark Capanale, this means that “over the next 10 years these companies will be tapping pensioners in the UK and the US for around $7 trillion to expand the fossil fuel sector”.
By Hazel Henderson - Ethical Markets Media – September, 2012
The recession imposed by the financial debacle of 2007-2009 still plagues the world. The deeper reason lies in the murky secrets of money-creation and how financial sleight-of-hand enabled financial players to control politicians - even in democracies. Averting further social, financial and environmental crises and the miseries they cause to millions of citizens, taxpayers and small enterprises on Main Street, now urgently requires unmasking the mysteries of money.
By Jerome Delorme - Credit Cooperatif – June, 2012
The Credit Cooperatif is a banking group based in France that is owned by its clients and supports small businesses, trade associations and co-operatives. It finds its origins in the Social Economy movement in the late 19th century that led to the creation of today’s large mutual banking groups. As such, the Credit Cooperatif is committed to innovate on a regular basis in the area of responsible financial services linked with solidarity mechanisms.
By Guest Author - Mira Tekelova - Positive Money – December, 2011
Those involved in the debates around Green Economy are probably familiar with the topic of decoupling economic growth and environmental problems. A lot has been written about slowing down growth, steady state economics, and even degrowth. There are different views on the transition path but the issue is that there can’t be infinite growth in a finite world. What is not usually in focus, however, is the underlying reason which makes growth inevitable and necessary. Might it be that this underlying cause is the money and banking system?
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