Zero Degree Project for Cooling Off Capital
= "A Zero Degree economy is one where the economic practices do not contribute to increasing climate temperature any further than the present state". [1]
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Description
Eric Bordeleau:
"The Zero Degree Project for Cooling Off Capital is a joint initiative led by the Kozmetsky Global Collaboratory (KGC) at Stanford and the Economic Space Foundation (ECSF). Its aim is to explore innovative, practical ways of meeting the climate change challenge by:
1. researching and developing new models for financial innovation using distributed virtual ledger technologies and cryptoeconomic affordances;
2. prototyping crypto-scalable commons and other types of eco-sustainable economic practices building toward a Zero Degree Economy.
A Zero Degree economy is one where the economic practices do not contribute to increasing climate temperature any further than the present state."
More information
- Please read: Reversing the Spell of Capital
- "the World Collaborative for Transformative Community (WCTC, a Stanford/Palo Alto based umbrella 501(c)3 for building bottom-up transformative infrastructure)"; [2]
- "The Initial Ecosystem Offering is a value preserving arrangement for co-evolving and implementing shared vision for cooling off capital. The idea is to foster an ecosystem of sustainable practices and values that processually integrates within its realm the externalities embodied in climate change, externalities that are currently not recognized in capital formation. We believe that this plural ecosystem of economic spaces powered by cryptocurrencies with embedded governance capacities will act as an emergent investment attractor that has the potential to bring systemic change in climate-finance by accelerating institutional innovation for prototyping entrepreneurial creation of Zero Degree economies." [3]
- the Value Conscious Economic Sector (VCES) [4]