Sunday, November 29, 2015

Article Supporting Evironment-Based Currency

     Below are a few selected quotations from an article on Huffington Post, written by Emanuel Pastreich in 2013. The general idea of the article is in line with the Earth Map and Earth Bank systems featured on this blog

"The solution to both the problem of currency and of climate change is obvious: we must hardwire the health of the ecosystem directly to the standard measurements of economic health so that the state of the environment is immediately visible in all economic transactions. Global finance, trade and investment must all be conducted within a system that makes the preservation of the climate, rather than profit, the highest priority."

"First we need to come up with a system for evaluating the state of the environment in real time which could be converted into a set of figures for the calculation of the total state of the global and the local ecosystems."

"...we need to move bravely to a new approach to putting the environment itself, and not merely carbon emissions, at the center of our calculations of the economy. An international currency program based on environmental credits as part of a total biosphere would make the environmental crisis visible in the financial world."


Read the full article here:


No comments:

Post a Comment