Talk:Financial innovation

Carbon Money / CO2e-certificates used as money

CO2e certificates as defined under the UNFCCC or more popularly known as the "Kyoto Protocol" can be "printed" by any project that reduces or prevents 1 ton of CO2e going into the atmosphere. The CO2e-certificates can be traded all over the world under 1 single exchange system, and be moved faster than any "money".

1. The fact that this way the "printing" of money comes back into the hands of the "people" and away from the traditional financial system, central banks, would that be considered a Financial Innovation?
2. Printing money for doing a good act, i.e. removing CO2equivalent greenhouse gasses, instead of inciting people and nations to steal gold, diamonds, wage wars over fossile fuel resources, would that be considered a Financial Innovation?
3. These CO2e-certificates are 100% electronically, have a unique number and can be retraced to the project, i.e. the tree that stores the CO2e, the windturbine, the photovoltaic panel that prevents CO2e, and the transaction log allows to see who bought it, where it was then transferred to etc. So there's no way or use to steal a CO2e-certificate, as it can be immediately blocked and retraced. I think it must be a bankers and governments' dream, a corrupt proof currency, would that be considered a Financial Innovation?
4. This CO2e-emission Trading System, would that be considered a Financial Innovation?. Using CO2e-certificates as money, would that be considered a Financial Innovation?
5. Taking up CO2e-certificates in the basket of Special Drawing Rights, the UN-proposed reserve currency to replace the $, would that be considered a Financial Innovation?

1. Expaning the system to e.g. Biodiversity Certificates or Habitat Protection Certificates, or why not anybody contributing to the Millennium Development Goals, if they can proof they have fulfilled doing 1 unit of good, e.g. preserving or improving Biodiversity, or re-establishing a Habitat, they'd be entitled to 1 BD or Habitat Certificate, and taking-up these currencies in the the UN SDR would that be considered a Financial Innovation? The CO2e-Emission Trading managed to grow from 0€ in 2005 to a 100 billion € turnover in 2009, giving the financial sector a means to get their hands around a Life threatening issue: a Global Climate Destabilisation. These BD and Habitant and other Certificates could also help accellerating bringing means to the top issues defined by our Leaders. Do we have any more time?

Thx.--SvenAERTS (talk) 00:17, 7 August 2010 (UTC)