Quick Follow up on Transition Economic Forum, Magee 1st May - Transition Derry2024-03-29T05:00:25Zhttp://transitionderry.ning.com/forum/topics/quick-follow-up-on-transition?groupUrl=economy&feed=yes&xn_auth=noHi Maria
I like the sound of…tag:transitionderry.ning.com,2009-05-05:2613445:Comment:21432009-05-05T19:21:43.000ZLis Hendersonhttp://transitionderry.ning.com/profile/LisHenderson
Hi Maria<br />
<br />
I like the sound of the energy-backed local currency system; is this basically like Richard described, where a community buys a wind turbine - financed by issuing energy bonds - and sells any excess energy back to the grid for cash to back the currency system? Or the cash can be invested in the community/school/org (like Paul's school, Oak Grove is doing)? Hey - if Oak Grove's doing it, why couldn't Magee? Magee could provide a really good model for Derry?!<br />
<br />
Lissy
Hi Maria<br />
<br />
I like the sound of the energy-backed local currency system; is this basically like Richard described, where a community buys a wind turbine - financed by issuing energy bonds - and sells any excess energy back to the grid for cash to back the currency system? Or the cash can be invested in the community/school/org (like Paul's school, Oak Grove is doing)? Hey - if Oak Grove's doing it, why couldn't Magee? Magee could provide a really good model for Derry?!<br />
<br />
Lissy