Green Credit for Green Growth


Robin Hood Tax to be launched on Wednesday at 0.05am
February 9, 2010, 8:14 pm
Filed under: Poverty-Free World, climate change, poverty | Tags:

The Robin Hood Tax is the UK version of the Tobin Tax which was at the beginning of ATTAC in France ten years ago.

As an anti-poverty campaign, it is more pragmatic than the economic theories of Tobin Tax definitions or the political demands of the Attac network.

Supported by a coalition of 48 organisations, the Robin Hood Tax campaign spells out what the income should be spent on.

And in the spirit of our times, it uses Twitter and YouTube.

The video is set to private until the launch which is set to 0.05am in parallel with the 0.05% tax that Robin Hood wants to take.

However, Mervyn King, the Governor of the Bank of England, dismissed the idea of a Tobin Tax only recently, according to the FT.

Of course, this tax doesn’t get to the root of all evils, but at least it’s bound to capture people’s imagination!



Blog Action Day for Climate Change
October 15, 2009, 1:48 am
Filed under: climate change | Tags:

“Money for Climate Change” is effectively what we’re asking with Green Credit for Green Purposes.

Blog Action Day is an effort to focus on climate change collectively in the blogosphere.



Tackling the oppression of Her Majesty’s subjects
June 27, 2009, 7:22 am
Filed under: Online petition, capitalism, early day motion, future | Tags: , ,

Raising awareness of a deep seated systemic problem means informing the ‘victims’ and the ‘oppressors’.

With our history of Early Day Motions (EDMs) we’ve been addressing the monetary causes since 2002, trying to educate MPs.

Based on our latest EDM, we’ve now created a website that brings MPs and victims together: www.edm1297.info.

Some of the questions one has to ask oneself are:

  • are institutions achieving what they are supposed to?
  • if not, why not?
  • what on earth can I do?
  • what is worth doing?
  • which side am I on?
  • am I coping and staying positive by doing SOMETHING?


From Right-Left to Person-Planet dichotomies
February 2, 2009, 4:34 pm
Filed under: climate change, future | Tags: ,

I saw this slide in a remarkable presentation by a civil engineer from Arup – We shape a better world the other day.

Plausible and possible futures from Arup

Instead of the usual political right – left divide, it pictures what the world might become, depending on our human development and the degree to which we care for the health of our planet!



Obama appoints climate change team
December 28, 2008, 5:48 am
Filed under: climate change | Tags: ,

This article in the Guardian must give us reason for hope as Obama’s choice of experts is one of significance:

  1. Harvard physicist John Holdren as director of the White House Office of Science and Technology Policy takes a position on climate change that is remarkably serious
  2. Climatologist Jane Lubchenco is to head the National Oceanic and Atmospheric Administration
  3. Nobel prizewinner Steven Chu heads the Department of Energy to lead the development of alternative energy sources


Computing and the Future of the Planet
December 15, 2008, 3:54 pm
Filed under: climate change | Tags: , ,

This is the title of 42 excellent slides with most interesting content, produced by Conrad Taylor who is a multi-media expert and knowledge producer par excellence.



The Petition in the Hands of John McFall MP
November 25, 2008, 8:40 am
Filed under: Treasury Select Committee | Tags: , ,

John McFall MP is the Chairman of the Treasury Select Committee and our Chairman Austin Mitchell MP has given him a copy of our online petition at long last. So he now knows what we’re asking him and his committee. My next steps are Early Day Motions in support of the petition – after the Queen’s speech.

On December 22nd, 1964, Henry Kerby MP requested that the emission of all the means of exchange should be returned to the Crown.

We’ve been asking for Public Credit since 2002. May the net, the web and the magic of blogging robots help all of us to achieve what Henry Kerby MP asked for at the time. As one of the steps I sent our key documents to the Queen and the Prince of Wales.

Do you feel like adding your name to the signatures of the petition Stop the Cash Crumble to Equalize the Credit Crunch?



Public Credit Petition
September 12, 2008, 2:51 pm
Filed under: Social Business, Treasury Select Committee | Tags:

Since our Green Credit for Green Purposes submission to the Treasury Select Committee didn’t achieve anything other than being printed as part of their report on the Stern Report, we have to find another route of following our lawyer’s advice “go for Parliamentary scrutiny via the Treasury Select Committee”.

However, the Chairman wrote that I cannot see him in the foreseeable future. So we have to do it online.

Stop the Cash Crumble to Equalize the Credit Crunch” says in less words and a few web links what our submission said in 63 paragraphs: please look into the money supply and the ratio between Cash created by the State and Credit created by banks – for the imbalance is untenable and certainly unsustainable.

At the end of WWII, 48% of the money supply was Cash. Now it’s 3%. See What is the Cash Crumble? in my other blog for the evidence. But nobody creates the interest necessary to pay for credit. So credit is chasing credit. That’s what must be called “usury-based banking” – quite the opposite of what Dr. Yunus has created with his Grameen Bank which is usury-free and run as a social business.



Our Submission to the Stern Inquiry

At long last the Committee’s Fourth Report came out on February 5th and all our 63 paragraphs of “Green Credit for Green Purposes” are part of the publication.

I have yet to learn who reads the £24 document – besides all of the people who gave evidence and therefore got a free copy.

And I have to discover the value of our submission in this document.

Since the Yunus Event at St. James’s, I begin to talk about ‘climate urgency’ and ‘climate capitalism‘.

Our current Early Day Motion is entitled “Green Credit for Green Growth” but so far only 11 MPs have signed.

In the UK, WriteToThem makes it easy to ask your MP to sign. Are you happy to click through?



Towards a Sustainable Investment Network
February 28, 2008, 5:39 pm
Filed under: Social Business | Tags: , , , ,

Having sent the accounts to all contributors was the essential closure for the St. James’s event.

It means that I can now pursue with renewed vigour what Dr. Yunus’ book enthused me into doing: raise funds for the Sustainable Investment Network.

I do hope that it will become one of the first true ‘social businesses‘ according to the Yunus definitions!