Carbon currency !!!

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Luc's picture
Luc
Status: Bronze Member (Offline)
Joined: Dec 3 2009
Posts: 58
Carbon currency !!!

 

I need some help please,

 

Does anybody have links to locations where info about carbon currency would be availlable.

If carbon currency in the form of a personalized credit card replaces the US dollar as the global currency, what would would then happen to the value of gold.

 

Thank You

Luc

John99's picture
John99
Status: Gold Member (Offline)
Joined: Aug 27 2009
Posts: 490
Re: Carbon currency !!!
                  Carbon Currency: A New Beginning for Technocracy? PDF Print E-mail

By Patrick Wood, Editor
January 26, 2010

Introduction

Critics who think that the U.S. dollar will be replaced by some new global currency are perhaps thinking too small.

On the world horizon looms a new global currency that could replace all paper currencies and the economic system upon which they are based.

The new currency, simply called Carbon Currency, is designed to support a revolutionary new economic system based on energy (production, and consumption), instead of price. Our current price-based economic system and its related currencies that have supported capitalism, socialism, fascism and communism, is being herded to the slaughterhouse in order to make way for a new carbon-based world. 

It is plainly evident that the world is laboring under a dying system of price-based economics as evidenced by the rapid decline of paper currencies. The era of fiat (irredeemable paper currency) was introduced in 1971 when President Richard Nixon decoupled the U.S. dollar from gold. Because the dollar-turned-fiat was the world’s primary reserve asset, all other currencies eventually followed suit, leaving us today with a global sea of paper that is increasingly undesired, unstable, unusable.

The deathly economic state of today’s world is a direct reflection of the sum of its sick and dying currencies, but this could soon change.

Forces are already at work to position a new Carbon Currency as the ultimate solution to global calls for poverty reduction, population control, environmental control, global warming, energy allocation and blanket distribution of economic wealth.

Unfortunately for individual people living in this new system, it will also require authoritarian and centralized control over all aspects of life, from cradle to grave.

What is Carbon Currency and how does it work? In a nutshell, Carbon Currency will be based on the regular allocation of available energy to the people of the world. If not used within a period of time, the Currency will expire (like monthly minutes on your cell phone plan) so that the same people can receive a new allocation based on new energy production quotas for the next period. 

Because the energy supply chain is already dominated by the global elite, setting energy production quotas will limit the amount of Carbon Currency in circulation at any one time. It will also naturally limit manufacturing, food production and people movement.

Local currencies could remain in play for a time, but they would eventually wither and be fully replaced by the Carbon Currency, much the same way that the Euro displaced individual European currencies over a period of time.

Sounds very modern in concept, doesn’t it? In fact, these ideas date back to the 1930’s when hundreds of thousands of U.S. citizens were embracing a new political ideology called Technocracy and the promise it held for a better life. Even now-classic literature was heavily influenced by Technocracy: George Orwell’s 1984, H.G. Well’s The Shape of Things to Come and Huxley’s “scientific dictatorship” in Brave New World.

This paper investigates the rebirth of Technocracy and its potential to recast the New World Order into something truly “new” and also totally unexpected by the vast majority of modern critics.

Background

Philosophically, Technocracy found it roots in the scientific autocracy of Henri de Saint-Simon (1760-1825) and in the positivism of Auguste Comte (1798- 1857), the father of the social sciences. Positivism elevated science and the scientific method above metaphysical revelation. Technocrats embraced positivism because they believed that social progress was possible only through science and technology. [Schunk, Learning Theories: An Educational Perspective, 5th, 315]

The social movement of Technocracy, with its energy-based accounting system, can be traced back to the 1930’s when an obscure group of engineers and scientists offered it as a solution to the Great Depression.

article continued at:

http://www.augustreview.com/issues/technocracy/carbon_currency:_a_new_beginning_for_technocracy?_20100125155/

 

docmims's picture
docmims
Status: Platinum Member (Offline)
Joined: Jun 17 2009
Posts: 644
Re: Carbon currency !!!

We'll leave it to Goldman Sachs to administer this new currency?

You see.  The problem is not the currency but who administers it.

Farmer Brown's picture
Farmer Brown
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Joined: Nov 23 2008
Posts: 1503
Re: Carbon currency !!!

What a horrible idea.  This is just fiat currency with an expiration date or "use-by" date. 

When I heard, "Carbon Currency" I was thinking of something along the lines of energy credits, not this.  An energy-credit currency would be denominated in energy units, like Watts or Joules, or denominations thereof.  They would have to be backed by actual energy output of a country's power infrastructure - dams, nuclear plants, coal plants, etc.    A unit of this currency would be worth exactly what its energy value is.  If required for payment of energy bills and taxes, that would pretty much make it money.  Haven't seen much more on this than what I've just described, but I like it because it ties money to actual energy output, so it is not fiat, and it is based on something absolutely everyone uses (unlike precious metals).  It also makes money represent "potential" energy (i.e., power to do work) instead of "used energy" (which is where I'd put gold and silver - the work has been done, and these piles of metals are valued because it's hard to duplicate that work). 

rozerdom's picture
rozerdom
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Joined: Feb 4 2010
Posts: 1
Re: Carbon currency !!!

A stable currency emerges from a free market as the most marketable commodity. Usually it's gold and silver. The carbon idea sounds like something a central bank/government would offer you after their first paper currency has failed. It would simply fail again.

 

 

 

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