Comments on: James Quilligan on Cap and Rent for Climate Change https://blog.p2pfoundation.net/james-quilligan-on-cap-and-rent-for-climate-change/2010/11/12 Researching, documenting and promoting peer to peer practices Mon, 13 Oct 2014 20:19:16 +0000 hourly 1 https://wordpress.org/?v=5.5.15 By: Robert Searle https://blog.p2pfoundation.net/james-quilligan-on-cap-and-rent-for-climate-change/2010/11/12/comment-page-1#comment-449273 Sat, 13 Nov 2010 09:54:07 +0000 http://blog.p2pfoundation.net/?p=11579#comment-449273 RE. Facilitation Finance.

The solution maybe alot simpler than most people think. The answer could well be the emergence of special Faciltator Banks which would have powers to electronically create facilitation finance as new (monitored) non-repayable money (as well as interest free loans). Such artificial grants in effect could help fund in full, or in part large, or small-scale “non-viable” social entrepreneurial projects, and environmental ones. Serious inflation would not occur because capacity checks would be undertaken of relevant companies of a specific project, or projects.However, as part of a legally binding contract the Facilator Bank could have powers to have temporary electronic price controls if at all necessary.

Admitedly, the banks would not necessarily loose out because of the cost of creating new money, and indeed, the interest on loans (thus becoming “interest free”)could be created electroncally by some legal independent authority.

The projects themselves could involve partnerships with NGOs,genuine green businesses, and local/national governments. Corporations could also be involved.

The above is similiar to the concept of a green investment bank but is far more advanced, and there are others aspects to which need to be work out.

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