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Financing Sustainability Kevin Cox Ngunnawal ACT Australia
Energy Costs
Current Cost in cents per kwh
2020 Costs in cents per kwh
Price increase to compete
Cost per kg CO2 saved
Cost of Money Interest charges on printed money is zero Interest charges on loans is 7% for existing assets Expected returns on equity is 20%+fornew assets Zero interest loans with repayments from earnings
Why don’t we print money to pay for renewable investment? Print too much money andit causes inflation No control mechanism to allocate money Difficult to ensure money invested in renewables
Solution Government decides how much to invest and the area of investment Government gives the right to get zero interest loans for this total amount divided equally between residents Banks give zero interest loans backed by government that must be invested in ways to reduce ghg emissions 10% refundable deposit for a loan Rights to loans can be sold
Compliance Refundable Deposit Ability to sell the right Income from investment and repayments established at the time of the contract ghg reductions reported when it happens Automatic repayments Anyone who abuses the system is banned from further participation in the loans scheme
Outcomes Renewables IMMEDIATELY a better investment than fossil burning plants. Fossil burning plants can be given loan rights for compensation if they decommission plants Capital costs reduce by 15% to 50% each time capacity doubles Energy savings will be thefirstinvestments Other incentives can be built in related to cost per kg saved Zero Net Emissions within 10 years is achievable
What happens next Work out investment opportunities in reducing emissions Work out how the investments can be monitored so that the system rules are obeyed Get a government or large organisation to set up a system Finance the construction of the system through zero interest loans
Contact Kevin Cox Contact me if you are interested in more information or would like to become involved in a campaign to get a government to adopt zero interest loans My linkedin contact is http://www.linkedin.com/in/kevinrosscox

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Financing Sustainability

  • 1. Financing Sustainability Kevin Cox Ngunnawal ACT Australia
  • 3. Current Cost in cents per kwh
  • 4. 2020 Costs in cents per kwh
  • 6. Cost per kg CO2 saved
  • 7. Cost of Money Interest charges on printed money is zero Interest charges on loans is 7% for existing assets Expected returns on equity is 20%+fornew assets Zero interest loans with repayments from earnings
  • 8. Why don’t we print money to pay for renewable investment? Print too much money andit causes inflation No control mechanism to allocate money Difficult to ensure money invested in renewables
  • 9. Solution Government decides how much to invest and the area of investment Government gives the right to get zero interest loans for this total amount divided equally between residents Banks give zero interest loans backed by government that must be invested in ways to reduce ghg emissions 10% refundable deposit for a loan Rights to loans can be sold
  • 10. Compliance Refundable Deposit Ability to sell the right Income from investment and repayments established at the time of the contract ghg reductions reported when it happens Automatic repayments Anyone who abuses the system is banned from further participation in the loans scheme
  • 11. Outcomes Renewables IMMEDIATELY a better investment than fossil burning plants. Fossil burning plants can be given loan rights for compensation if they decommission plants Capital costs reduce by 15% to 50% each time capacity doubles Energy savings will be thefirstinvestments Other incentives can be built in related to cost per kg saved Zero Net Emissions within 10 years is achievable
  • 12. What happens next Work out investment opportunities in reducing emissions Work out how the investments can be monitored so that the system rules are obeyed Get a government or large organisation to set up a system Finance the construction of the system through zero interest loans
  • 13. Contact Kevin Cox Contact me if you are interested in more information or would like to become involved in a campaign to get a government to adopt zero interest loans My linkedin contact is http://www.linkedin.com/in/kevinrosscox