This is such a simple, yet brilliant idea! And it shows that crypto really can change the world :)
I've often thought about installing solar panels, but apart from the fact that we barely get enough sunshine in Scotland to satisfy most people's vitamin D requirements, it's almost impossible to do this if you live in a flat (unless all the owners agree to it).
Yes, I do like the idea of financing some solar cells elsewhere if I can't do it immediately for myself... or if you live in a non ideal climate/situation to install them!
Crypto just makes it that little bit easier for the microfinancing model to work, with the ability to side-step the cross border payment problems!
This post has been rated by the user-run curation platform CI! In this platform users are able to manually curate content. This is done regardless of Steem Power, for both rewards and vote size calculation.
Join in at our site here!
Or join us on discord to interact with the community!
It's a pretty interesting concept. Microfinance is not particularly new, but the addition of crypto reduces the friction and helps open it up to smaller investors!
That looks like a very good project and doing wonders to spread positive feelings around cryptocurrency and ecology! Thanks for sharing and yes - Ledger Nano S is awesome!
The Sun Exchange is an interesting meld of the new (crypto) and the old (microfinance), I think this could be one of the areas where crypto with it's lower fees for cross border payments could really shine! (BAM... that was unintentional...).
The Sun Exchange is a microfinance solution that gives investors an alternative option to park their money if they do choose, instead of (like your linked article) parking it with an emissions intensive company. If there were more options like this, then there would be enough of a market to draw away some of the investors in those companies into financing alternative ways of energy production. After all, you can't prohibit people from wanting a return on their investment! But you can provide alternatives with as little friction as possible.
no amount of capitalism will fix this problem
I agree in part. I would say that no amount of capitalism by itself will fix this problem in an acceptable time frame.
Eventually fossil fuels will be too expensive due to lack of supply (or perhaps by correctly pricing the externalities), and the market by itself will sort them problem, however the time frame is way too disastrous for humans.
Thus, regulations and support for emerging industries is required. We do see instances of this working. Despite the complete dysfunction of the Australian climate and energy policy, companies are responding to the projected economic playing field and either refusing to build or keep open coal power plants or banks refusing to fund them. This is a market and capitalism in action.
The article you linked correctly identifies investors as the solution to changing the energy market. However, the most frictionless way to do this is to offer enticing alternative investments and harness market forces. This way both companies and investors will change their behaviour to 'win', and those that don't will fall away. We can complain that people should be more moral and altruistic, but that won't have any impact beyond making ourselves feel better.
let me butt in here real quick. We have less than 20 years to reverse climate change. There are no market forces that can do it in that amount of time, and I doubt market forces even could fix the problem.
Capital accumulation is the problem. Money makes money. When people focus on short-term accumulation they will end up with more resources and power, that's just what happens when capital compounds. That means the highest rate of profit, regardless of the consequence for humanity, will always win out. If people refuse to fund places like oil companies, those that do will just get an even bigger return on their investment and grow even more powerful. Capital will have the same result regardless of who controls it.
This doesn't even get into how capitalism has to grow to keep even the illusion of stability, meaning it will uselessly use up all of our resources, and that the tendency of the rate of profit to fall and all of that would eventually kill us off anyway
No problem, it's a worthwhile project. I think I will also invest a bit in the next open project when it opens up... unless it is funding something like a prison....
You always do such a great job on your posts and they are filled with so much wonderful information. I really loved this one because we would like to get solar on our SUV/RV eventually. I think it would help us out a lot with some things as we travel.
Thanks so much for sharing it all.
Ren
This looks so interesting!!! I love all these ways that we can use crypto to affect the world! It really just takes a bit of research and time to get our toes wet -and then.... we can dive in!
So you've started this process - and was it pretty easy??
Well... the crypto derivatives part of the story was a little tricky and hair-raising...
... but the Sun Exchange part was super easy! From memory (... but my memory is a little hazy, as I had set up my account long before this...), the KYC/AML is only required if you want to be paid back. If you don't, then it is really easy to buy the cells and direct the money back to the charity that is featured...
Yes... crypto is in it's infancy, and use cases are pretty few and far in between.... but this is a "normal" project that is enhanced by the ability to send small (or gigantic) amounts of BTC for low fees (as long as the network fees and traffic is low...).
Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.Congratulations! This post has been upvoted from the communal account, @minnowsupport, by eveningart from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the
If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP. Be sure to leave at least 50SP undelegated on your account.
Kiwibot and run by Rishi556, you can check both of them out there. To receive maximum rewards, you must be a member of KiwiBot. To receive free upvotes for yourself (even if you are not a member) you can join the KiwiBot Discord linked hereYou got voted by @curationkiwi thanks to Bengy (also musicapoetica)! This bot is managed by and use the command !upvote (post name) in #curationkiwi.
Your UA account score is currently 4.005 which ranks you at #3602 across all Steem accounts.
Your rank has improved 11 places in the last three days (old rank 3613).Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
In our last Algorithmic Curation Round, consisting of 274 contributions, your post is ranked at #51.
Evaluation of your UA score:
Some people are already following you, keep going!
You just got splashed by @rewards-pool. For more information on delegating to the @rewards-pool click the following link. https://steemit.com/steemsilvergold/@rewards-pool/introduction-to-rewards-pool @rewards-pool where a small delegation can get you a big splash.
This is such a simple, yet brilliant idea! And it shows that crypto really can change the world :)
I've often thought about installing solar panels, but apart from the fact that we barely get enough sunshine in Scotland to satisfy most people's vitamin D requirements, it's almost impossible to do this if you live in a flat (unless all the owners agree to it).
Yes, I do like the idea of financing some solar cells elsewhere if I can't do it immediately for myself... or if you live in a non ideal climate/situation to install them!
Crypto just makes it that little bit easier for the microfinancing model to work, with the ability to side-step the cross border payment problems!
This post has been rated by the user-run curation platform CI! In this platform users are able to manually curate content. This is done regardless of Steem Power, for both rewards and vote size calculation.
Join in at our site here!
Or join us on discord to interact with the community!
This post was given a rating of: 0.5966265152098811
This post was voted: 37.37%
This is really fascinating! I will have to take a look.
It's a pretty interesting concept. Microfinance is not particularly new, but the addition of crypto reduces the friction and helps open it up to smaller investors!
I bought panels for my house just about a month ago. It was worth it for sure. I think this is a good idea to look at man thanks for sharing.
Ah, I'm jealous! I can't wait to be able to do the same for my house. First renovate the roof... And then I'm there!
That looks like a very good project and doing wonders to spread positive feelings around cryptocurrency and ecology! Thanks for sharing and yes - Ledger Nano S is awesome!
Ledger... I highly recommend it to everyone!
The Sun Exchange is an interesting meld of the new (crypto) and the old (microfinance), I think this could be one of the areas where crypto with it's lower fees for cross border payments could really shine! (BAM... that was unintentional...).
Absolutely, got one around Xmas 2017 and never looked back. Feel that the coins I have a pretty secure with it and that was some fine pun work there 😉
Posted using Partiko Android
https://www.theguardian.com/sustainable-business/2017/jul/10/100-fossil-fuel-companies-investors-responsible-71-global-emissions-cdp-study-climate-change
100 companies produce 71% of climate emissions, no amount of capitalism will fix this problem
The Sun Exchange is a microfinance solution that gives investors an alternative option to park their money if they do choose, instead of (like your linked article) parking it with an emissions intensive company. If there were more options like this, then there would be enough of a market to draw away some of the investors in those companies into financing alternative ways of energy production. After all, you can't prohibit people from wanting a return on their investment! But you can provide alternatives with as little friction as possible.
I agree in part. I would say that no amount of capitalism by itself will fix this problem in an acceptable time frame.
Eventually fossil fuels will be too expensive due to lack of supply (or perhaps by correctly pricing the externalities), and the market by itself will sort them problem, however the time frame is way too disastrous for humans.
Thus, regulations and support for emerging industries is required. We do see instances of this working. Despite the complete dysfunction of the Australian climate and energy policy, companies are responding to the projected economic playing field and either refusing to build or keep open coal power plants or banks refusing to fund them. This is a market and capitalism in action.
The article you linked correctly identifies investors as the solution to changing the energy market. However, the most frictionless way to do this is to offer enticing alternative investments and harness market forces. This way both companies and investors will change their behaviour to 'win', and those that don't will fall away. We can complain that people should be more moral and altruistic, but that won't have any impact beyond making ourselves feel better.
let me butt in here real quick. We have less than 20 years to reverse climate change. There are no market forces that can do it in that amount of time, and I doubt market forces even could fix the problem.
Capital accumulation is the problem. Money makes money. When people focus on short-term accumulation they will end up with more resources and power, that's just what happens when capital compounds. That means the highest rate of profit, regardless of the consequence for humanity, will always win out. If people refuse to fund places like oil companies, those that do will just get an even bigger return on their investment and grow even more powerful. Capital will have the same result regardless of who controls it.
This doesn't even get into how capitalism has to grow to keep even the illusion of stability, meaning it will uselessly use up all of our resources, and that the tendency of the rate of profit to fall and all of that would eventually kill us off anyway
This is quite an interesting project! Thanks for bringing it to our attention on PYPT!
No problem, it's a worthwhile project. I think I will also invest a bit in the next open project when it opens up... unless it is funding something like a prison....
This is a game changer man.
It is a pretty good use of crypto to streamline an existing idea!
You always do such a great job on your posts and they are filled with so much wonderful information. I really loved this one because we would like to get solar on our SUV/RV eventually. I think it would help us out a lot with some things as we travel.
Thanks so much for sharing it all.
Ren
Wow, a panel on a caravan would be such a great idea! Especially if it could be coupled with a storage battery!
Most definitely! It is a huge movement in the RV fulltimer life. I know there is a large amount of videos out there on it.
Ren
This looks so interesting!!! I love all these ways that we can use crypto to affect the world! It really just takes a bit of research and time to get our toes wet -and then.... we can dive in!
So you've started this process - and was it pretty easy??
Well... the crypto derivatives part of the story was a little tricky and hair-raising...
... but the Sun Exchange part was super easy! From memory (... but my memory is a little hazy, as I had set up my account long before this...), the KYC/AML is only required if you want to be paid back. If you don't, then it is really easy to buy the cells and direct the money back to the charity that is featured...
Yes... crypto is in it's infancy, and use cases are pretty few and far in between.... but this is a "normal" project that is enhanced by the ability to send small (or gigantic) amounts of BTC for low fees (as long as the network fees and traffic is low...).
Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.Congratulations! This post has been upvoted from the communal account, @minnowsupport, by eveningart from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the
If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.
Kiwibot and run by Rishi556, you can check both of them out there. To receive maximum rewards, you must be a member of KiwiBot. To receive free upvotes for yourself (even if you are not a member) you can join the KiwiBot Discord linked hereYou got voted by @curationkiwi thanks to Bengy (also musicapoetica)! This bot is managed by and use the command !upvote (post name) in #curationkiwi.
This post has received a 1.56 % upvote from @drotto thanks to: @sbi-booster.
Hi @bengy!
Your UA account score is currently 4.005 which ranks you at #3602 across all Steem accounts.
Your rank has improved 11 places in the last three days (old rank 3613).Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
In our last Algorithmic Curation Round, consisting of 274 contributions, your post is ranked at #51.
Evaluation of your UA score:
Feel free to join our @steem-ua Discord server
Congratulations! This post has been chosen as one of the daily Whistle Stops for The STEEM Engine!
You can see your post's place along the track here: The Daily Whistle Stops, Issue 307 (11/09/18)