Nick Young 
Can we all agree now that we must exorcise ourselves of the oil industry and oligarchs that profit from bloodshed?
Asking for a planet.
Rune Myrland@nickofnz Yeah. How?
@skalden bro, it’s just you and me so far. Let’s wait for some more.
Nuwagaba Gift@nickofnz
Here iam also. How do we attract more?
Here iam also. How do we attract more?
Sebastian Stautz@skalden @nickofnz breaking their power by starting with negative interest rates on short-term deposits and demurrage on money. Like a land value tax by Henry George on money.
This remove the constant demand for financial growth.
"The zero lower bound is not a law of nature; it is a policy choice." says even the IMF!
https://www.imf.org/en/publications/wp/issues/2019/04/29/enabling-deep-negative-rates-a-guide-46598
All invented a 100 years ago by Silvio Gesell.
Questions?
Enabling Deep Negative Rates to Fight Recessions: A Guide
The experience of the Great Recession and its aftermath revealed that a lower bound on interest rates can be a serious obstacle for fighting recessions. However, the zero lower bound is not a law of nature; it is a policy choice. The central message of this paper is that with readily available tools a central bank can enable deep negative rates whenever needed—thus maintaining the power of monetary policy in the future to end recessions within a short time. This paper demonstrates that a subset of these tools can have a big effect in enabling deep negative rates with administratively small actions on the part of the central bank. To that end, we (i) survey approaches to enable deep negative rates discussed in the literature and present new approaches; (ii) establish how a subset of these approaches allows enabling negative rates while remaining at a minimum distance from the current paper currency policy and minimizing the political costs; (iii) discuss why standard transmission mechanisms from interest rates to aggregate demand are likely to remain unchanged in deep negative rate territory; and (iv) present communication tools that central banks can use both now and in the event to facilitate broader political acceptance of negative interest rate policy at the onset of the next serious recession.
Gurre Vildskägg@nickofnz I'm in.
gusseting@nickofnz
"Can we all agree now that we must exorcise ourselves of the oil industry and oligarchs that profit from bloodshed?"
Unfortunately, for The Australia Institute + Greenpeace Australia, no. There's MONEY to be made, just like Norway does!
https://gas.australiainstitute.org.au
Australia's Gas Giveaway — Live Revenue Tracker
Australia Institute research shows a 25% tax on gas exports would raise $17 billion each year to fund essential services. Nearly $50 million every single day, seven days a week, flowing to multinational LNG exporters instead of Australian schools and hospitals. This single policy could have funded free childcare or free university and TAFE for all Australians over the same period. Help take on the gas industry!
Joe 
Raglan Niall 
@nickofnz happy to show you my efforts. Went bore you with them again here.
@Niall do tell!
@nickofnz I burn nothing here, its all electric from PV. It was a gradual process because I did almost all of it myself and was always pushing at the edge of what was affordable to me. A slight advantage I have is that I understand batteries and repurpose ones which would otherwise likely be junk. However....
EVERYTHING* is so much cheaper now and the path is so much better travelled now that what I've done should be relatively easy to emulate.
I bought a section in 2014.
Before building anything I bought some solar panels and cobbled a battery together. Then built a workshop and filled the roof with solar panels and a better battery. Got an EV in about 2016 with pretty limited range but it works for a lot of my journeys.
Got a crashed Tesla in 2017 and went through hell fixing it.
Built a small house myself during 2022-2024. Brought almost all the materials to site using my EV, no diesel. Used no diesel in earthworks, the house was designed with minimal need and I did it with a shovel and wheelbarrow. House has exceptional insulation, underfloor heating, electric water heating and cooking gear. I can heat the house with a 1kW water heater. 1kW... that's basically nothing.
Soon to install a heatpump hot water cylinder and do a big upgrade on the entire solar system. This upgrade should mean that I can run the car almost entirely from self-generated PV and be more or less energy independent even in winter.
Sure I have put a lot of time and money in but my running costs are basically zero and my resilience is very high. All of this is getting easier and cheaper.
We should as a society have been prioritising it for years. However there's no time like the present so come on, invest in electrification and renewables. Vote for those who say they'll prioritise this stuff. Think about what your next step on this journey is, what you, your employer or any organisation you're a part of could do and try.
*Except labour and consumables....
