In this ClimateGenn episode I speak with Dr Delton Chen, the originator of the ‘Chen Paper’ concept made famous by Kim Stanley Robinson in his book, Ministry For The Future. Delton is an engineer by training but has take almost a decade out to study economics to see if his Carbon Reward Coin concept, the idea of a reward for mitigating carbon, could provide the missing link needed to rebalance the human economy.
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The Global Reward Coin would be backed by central banks around the world in order to provide stability and a mechanism to account for what he calls, The Living Systems Economy.
By making a comparative analysis of this concept with other economic proposals, Delton asserts that de-growth and circular economy proposals are inadequate to solve the climate emergency when placed in the context of the current paradigm of human civilisation. Please do comment or send feedback as I will be interested to hear what people think.
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