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Thursday, March 30, 2017

New series of Newsletters

Posted by steve on January 31, 2009

As readers may well have understood, I have been using the techniques of Imagestreaming to envision a sustainable future.

To make the inventions more accessible I am offering a series of newsletters that offer stories depicting the inventions.

Some recent inventions, from after the book was published are also available in newsletter form.

Real Asset-based finance: Units of Trust concept released

Posted by steve on January 30, 2009


As populations grow, and less and less oil is being found, the fossil fuel-dependent global supply chains and the banking system that supports them are becoming less functional. Relocalizing production and sales of daily needs reduces fuel dependence, waste, and increases local employment and community resilience. However, today’s financial system is more geared to large national and global corporations.

The lack of sustainability in the system is worrying. A sustainable solution would mean that sale and provision of basic goods and services would keep ecosystem and mineral resources intact, would reduce reliance on fossil fuel and create an investment that could be enjoyed by coming generations.

New thinking is required to make capital available to smaller, local businesses for this to be realized. One proposal is a savings bank scheme called Units of Trust (UOT). The scheme makes it possible for consumers to invest in local businesses and to receive goods and services at reduced price whilst their money is with the firm.

To create simplicity, transparency and stability, a support and coordination organization called UOTMC or UOT marketing company, could be set up, along with a fund scheme in a local bank. Unitization allows consumers to invest in a wide range of companies and spread their risk.

Other benefits include: providing local business with affordable capital and long term customers at the same time. Consumers get local produce and a long term secure supply of basic needs whilst investing in a green supply system that will withstand fossil energy shortfalls.

Read more about Units of Trust on the web (avbp.net/html/uot.html)

Or see the film

Updated my website

Posted by steve on

Finally I understand what I need to do to help sustainable development.

It’s is all about the stories we tell ourselves. We need to find, envision, invent our future and it starts inside us. What do we WANT, what IS our humanity, who we are…?

We start by envisioning our ideal future, and we do it by stepping aside from all the limitations we have learned from childhood. We do it to explore our humanity. And learn. Then we can start to invent and implement.

Envision. Explore. Study. Innovate. Implement.

So now I have started to redo my website. Join me!

Applications wanted: the Award for sustainable solutions for Water and Food for all

Posted by steve on January 23, 2009


Water and Food are Human Rights that nearly 900 million of our fellow human beings are not receiving. The Award for the Humanitarian Water and Food project that shows effectiveness, innovativeness and potential will be presented in Copenhagen, Denmark in August 2009.

If you know of any project that may qualify for the prize, please direct them to the web page of the Award.
http://Waterandfoodaward.org and to download the application documents from http://www.avbp.net/docs/HWAFA_applicationKit.pdf

Economists find solution to crisis

Posted by steve on January 14, 2009

Car industry solution to oil peak, climate and credit crisis

Posted by steve on January 9, 2009

Not your ordinary recession: a perspective from a visitor to the UK

Posted by steve on January 6, 2009

My last trip to England showed a country being hit by the effects of the peak of oil production. My visit over New Year shows a country nose-diving into a new kind of recession: one that has no end.

Some examples:

UK’s refinancing timebomb Sunday Times 4 Jan 2008 – Some £50 billion in loans expiring will need refinancing and the prospects are not good.

Number of business failures set to surge in 2009

As the reams of newspaper articles laying out dismal prospects for 2009 appear before us, there is an underlying belief in the recovery will come in a few or at most ten years, and 2008 will fade into memory as a year unremarkable. Not so from the perspective of Oil Peak. We are looking into the tangled guts of a system that has stopped working because the cheap and easy oil that feeds it has peaked.
We are looking over the precipice into the long decline, aptly called the long emergency by James Howard Kunstler.

The logic of this is almost too simple, but not anything you will find explained in the mainstream media.
The system we call business as usual is full of disconnects – think of it like a plumbing system with faulty joints and bends. Despite leakages, the system still delivers water to the end user. However, when pressure drops, the taps run dry and the installation is not only useless, it wastes valuable resources as well.
In this case, money is rather like water. You want to stuff money into the system and see more come out. At least you would want to know you can get basic services like food water, shelter etc. Any business needs a supply of capital and cash to start up and keep going. If you borrow money, you have to be able to pay it back at, say, 4% interest a year.

Standing in front of the bank manager or an inventor you have to convince her that you will be able to expand your business to be able to pay the loan and the interest off in a reasonable time. Multiply this by the number of businesses around and you will see that in order for any money to come in to the system you must be convinced everybody will make more money than they are already doing, to at least pay off the debt from the interest.
When it works, this way of doing things creates jobs, provides an endless array of services and goods and generates tax income to run the civil sector.
When it does not work, you put money and your own time into the system and get very little out.

This is where the connection to oil comes in: look into any business plan of any business and you will find a massive reliance directly or indirectly on fossil fuel. Electricity, the life blood of any office, comes increasingly in the UK from gas fired power stations.
Energy price hikes make everything more expensive, reducing profits and undermining the logic of the business plan and indeed the whole set-up.

From this perspective you can see how we got into the situation we are in. Peak production of cheap oil in late 2005 started a process of price hikes and started to knock holes in the wealth generation machinery. First hit were airlines and transport sector, creating job losses and credit defaults. From there the spiral downward continues. In this context a much larger number of businesses cannot make the business plan work. Trying to kick-start the economy now that oil is cheap will only result in a new wave of price rises as economic activity grows, oil demand increases, the production ceiling hits and the bidding goes up to push oil back up.
The current wave of low prices is merely the receding of the wave of the economic tsunami that will inevitably come back to hit us again.
The current low price of oil means stalled investments in new wells or increased productivity. With 60 of 80 oil producing countries past their peak we cannot expect any increase in economic activity to be long lasting.

What does all this mean for the oil aware denizen in 2009?
Don’t be fooled by oil-unaware arguments. True, Woolworth’s demise is partly their own doing in trying to sell everything, but there is nothing to say that just because a business is working today, it will be able to continue as more and more job losses produce more and more unwilling or unable to buy their stuff. No, all business plans are energy reliant and I would say 99% are energy unaware.
You need to become familiar with other economic models. Interest-free banking and cooperatives are two I recommend.
Interest free banking at least shares rewards and risks and is more human.
Cooperatives, especially those involved with community supported agriculture, are designed to provide their owners with economic security and /or basic services at below market prices.

In fact, finding ways to ensure a supply of the basic necessities for all will be a major challenge in 2009. The leader in the Telegraph from Jan 2 expects there will be some people going hungry in the UK during 2009.
The system we live in already has major homelessness and poverty, in my opinion evidence of abject failure.
Oil aware people need to start to speak up outside the confines of discussion forums to send a clear message to politicians and civil servants: the fossil-fuel dependent way of life is on its last legs. Energy and food security for all need to become the top priority. And of course the good side of all this: this means there will be meaningful work for all, we expect to see a kinder, more generous UK, less stress and pollution, more local business and solidarity. The time to transition is now, 2009, while we still can.