Turning Clean Energy into a Capital Asset for Everyone
%GDE to GCR drives job creation.
Job creation drives revenue increase
Revenue increase = tax revenue increase
Tax credit = renewable energy adoption
Renewable energy adoption = carbon emission reduction
%GDE to GCR drives net jobs drives Clean Energy Adoption = emission reduction
Continue reading “Global Carbon Reductionn drives Clean Energy Adoption”
INTERNATIONAL AGREEMENT to EcoForm the Economy
The governments whose duly authorized representatives have subscribed hereto,
Recognizing that the world’s people face daunting challenges to the quality of human existence and the existence of multiple species due to strains placed on the intricate and delicate balance of ecosystems to provide fresh air, clean water a reliable food chain which supports life;
Recognizing that vast resources are exhausted in the balance of defense capabilities of one nation against another;
Recognizing that the equally proportioned decrease of defense expenditures will preserve military parity while freeing resources to be reallocated for the benefit of humankind;
Recognizing that the world economy will benefit by using those funds, which would have gone to produce armaments, to produce goods which increase the productivity of people and, of the greater economic growth and employment generated by funds invested in the civilian sector of the economy relative to the same funds devoted to military spending;
Recognizing that in taking funds whose end use may be to kill and maim and instead using those funds to heal and to nurture we reverse the arms race and take another step toward strengthening the community of human beings;
Desiring to make a portion of those funds consumed by defense spending available for the benefit of human beings while maintaining military parity;
Annual defense expenditures of each of the Contracting Governments will be provided by each the Contracting Governments for Clean Energy Tax Credits.
Geo-populations which contribute tax credits will proportionately enjoy clean energy revenue as a means to fund a universal dividend income fund.
Have agreed as follows:
ARTICLE I
ARTICLE II
ARTICLE III
Contracting Governments will agree that future peace time defense budgets will not exceed the percentage of GNP of the current defense budget.
ARTICLE IV
Contracting Governments will only provide funds to the Commission once this agreement is ratified by those nations constituting the largest percentages of defense expenditures adding up to at least 50% of the funds expended internationally for defense. Accordingly, those nations spending the most on defense would become signatories prior to this agreement going into effect.
ARTICLE IV
Contracting Governments may agree to increase the percentage of defense expenditures reallocated for human benefit. An agreement to increase that percentage would enter into force once those nations constituting the largest percentage of defense expenditures adding up to at least 50% of the funds expended internationally for defense had agreed to increase that percentage.
ARTICLE V
Each contracting party shall enact and enforce such legislation and other measures as may be necessary for the purpose of giving effect to this agreement.
ARTICLE VI
We all face an existential threat.
The threat of climate failure.
It is clear that we have solutions.
It is clear that we can pay for the solution.
Clear in that we find a way to spend a zillion dollars on military stuff.
Need a mechanism to use those to fund these solutions while maintaining defense.
How, but how do we fund these solutions?
Yet, we do have money to prepare annihilation of other forms of sentitent life.
If we use the money we spend preparing to annihilate each other, we’d have $1.67T per year (2018).
It won’t be 81 years from now before we stop this anti-civilization measure and reduce defense spending to 5% of what is spent on education. Is it 82 years? No, it’ll be 82 years from now. (check paper, March 5, so …)
https://spectra.mhi.com/turning-air-into-stone?msclkid=3f1f4224bbc51e3582041e56e4b31a23&utm_source=bing&utm_medium=cpc&utm_campaign=*NA%20%7C%20USA%20%7C%20EN%20%7C%20Non-Brand%20%7C%20Environmental%20%7C%20MBM&utm_term=%2Bcarbon%20%2Bcapture&utm_content=Carbon%20Capture
The equivalent of nearly 37 billion tonnes of waste carbon dioxide.
1% solution. $16.7B
Carbon capture
https://cleantechnica.com/2018/10/05/carbon-engineering-claims-direct-air-capture-of-carbon-costs-less-than-100-per-ton/
https://spectra.mhi.com/scrubbing-the-skies
“When carbon dioxide is delivered at 15 MPa, the design requires either 8.81 GJ of natural gas, or 5.25 GJ of gas and 366 kWh of electricity per ton of CO2 captured. Depending on financial assumptions, energy costs, and the specific choice of inputs and outputs, the levelized cost per ton CO2 captured from the atmosphere ranges from $94 to $232 per ton of carbon dioxide.”
The exhaust from a coal-fired power station is around 10% carbon dioxide, however, whereas the level in the atmosphere is a mere 0.04%. But scientists working on air capture suggest that this difference is not as significant as it may seem, and that the kinds of industrial methods needed to strip CO2 from the air have already been proven in industrial processes such as papermaking.
1% of GDE = Remove 160,000,000 tons Global Defense Expenditures
160,000,000 / 37,000,000,000 = .4%
Asked when you would be using calculus, at least my kids do, but finally …
well, still not using calculus. Just move this dot.
10% GDE = 1,600,000,000
1,600,000,000 / 37,000,000,000 = 4%
Now we are using calculus. To save the planet …
Increase GDE to GCR from 1% to 20% in 10 years
8,000,000,000 carbon removal
20% reduction of emissions
29,600,000,000
Net job creation from reducing emissions = 5,000,000
Annual GDP growth = .8% increase = $800,000,000,000
Net global tax revenue (20% of GDP) = $160,000,000,000
Reinvest $100,000,000,000 in tax credits = more jobs = more removal
Tipping point of funding carbon removal and climate change roll back is only 10% of GDE to GSR.
Every 1% transfer reduces carbon and increases employment and GDP +++ less global tension.
MHI https://spectra.mhi.com/scrubbing-the-skies
One way in which air capture and renewable energy might fit together, however, would be to divert excess power from wind farms to air-capture systems. Wind farms sometimes produce more power than utilities can use, particularly if it gets windy at night, when electricity demand is low. Some utilities turn off their wind turbines to avoid overloading their grids. Dr. Lackner suggests diverting it instead to air-capture systems. In theory, air-capture systems could then operate at a profit by generating carbon offsets that could be sold on carbon-trading markets. Dr. Lackner even suggests selling such offsets at petrol stations, along with fuel.
TIPPING POINT: only 10% … keep increasing GDE to %?
and solve more problems!!
Solar energy job creation:
Every million invested = 9.8 jobs Direct 5.4, Indirect 4.4
Average wage:
Wind energy job creation
Every million invested = 9.5 jobs Direct 4.6. Indirect 4.9
Average wage: $40,000 https://www.glassdoor.com/Salary/Solar-Energy-World-Salaries-E421133.htm
Net 5 jobs over coal, natural gas, oil.
We can productively use $1T of investment.
Tax revenue = net increase of $36,000 per $1M invested.
(5 net jobs x $40,000 average wage) x (Tax revenue =18%) = $36,000 net tax revenue
$1,000,000 equipment = $170,000 tax revenue + $36,000 = $207,000
20% tax credit.
50% financing = additional GNP growth
Borrowing increases the money supply.
(Increased money supply)^(velocity of money) = ($500,000) (1.7) = $850,000
$850,000 x 18% = $153,000
$170,000 + $153,000 + $27,000 = $350,000
Tax revenue = Equipment + Increased employment + Increased Money Supply
Every $1 borrowing = (increased money creation) x (velocity of money)
1.5%
$7B carbon capture +
2.0%
$10B carbon capture + solar + wind
3.5%
$18B
When we get to 25%, tipping point. Fund all cc solutions.
And the world is a less hostile place.
Cost of not funding solutions?
The cost is $67T.