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World with  Carbon  Currency Somnath Jaju , EPGP 09~10,  Indian Institute of  Management, Indore
“ A crisis is a terrible thing to waste.” - Paul Romer
 
Curtsey: Khosala Ventures presentation
 
Carbon  Capping  for Country??
Copenhagen UNCC Conference 2009 ??
Failure!
Currency  Crisis
The Dollar Meltdown??
Another Crisis
Dollar-Yuan Exchange Rate Dollar as World Currency?? Dollar-Yen Exchange Rate Yuan-Ruble as Global Currency?? Dollar-Won Exchange Rate UN wants  new  global  currency  to replace dollar – Telegraph!
Solution
Carbon  Currency
10 ¢ World Carbon Bank United Nations
Cant think of it??
Its possible!
Second Life- LindeX-L$  is a Virtual  Reality!
Who will control it? World  Carbon  Bank  Carbon  Bank of  America Carbon  Bank of  UK Carbon  Bank of  China
How we  transact  in  Carbon  World?
Story of John
Name:  John Tucker Name of Parent:  Larry Tucker Nationality:  American DoB:  21/02/2020 Carbon A/C:  USA12344321 Carbon Bank:  Carbon Bank of America
Carbon Citizenship Details Issued by:  Carbon Bank of America Chip Number:  USA56788765 Chip Implanted on: 21/02/2020
A/C Statement Carbon A/C: USA12344321 Grant    ¢   1,000,000 Cr (From Govn. of America) Transfer  ¢ 2,000,000 Cr (From Larry Tucker) Debited  ¢  5,000 Dr (US Nursing Home)
Once upon a time People used Passports, Social Security Numbers! Department of History, University of Pittsburgh!
John- got an  Carbon Account , on his birth. A  C-Chip™  was planted in his Wrist.  This implant will keep track of his  Carbon-Richness / Worthiness  in Carbon Dollar-   ¢
John went to school
John went to School- paid  fees in Carbon Dollar -   ¢ ; so are payment for his school bus and canteen bills paid in ¢
John   Buys a  Bike.  John pays  Caron Dollar  to dealer; Road taxes, Insurances, price of accesories all paid in Carbon Dollar
By Now maintaining a Bike is very Costly.  Government has slapped  200% Luxury Tax on Gasoline!
Fuel Surcharge 200% ¢ ¢ ¢ ¢
John Evolves into a Salaryman!
“ Now World has only one currency… last phase  of World Carbon Currency Program in African countries was  declared success !”....BBC News, March 21,  2045
“ Concept of Tickets is History… All Transactions are done by  C-Chip™  in the wrist….”  Newyork Times tracks history . “ Hackers attempted to attack Carbon Bank IT System”- Bloomberg reports “ Our IT Systems are sound and Crack-proof ”-Controller, World Carbon Bank
John got his first Salary! ¢ Salary of  12,000 credit to your account USAXXXXX21. Date: 21 Dec, 2045, 09:30 “ Save  Carbon, Save the Earth”-A&T
John celebrates the occasion with his Girlfriend over Candle Light Dinner! He ends up paying more for Leftover than actual cost of food…. Now Government  fines for wasting food!
John is now settled in his Job… he purchased a House… an  Eco friendly house costed  less  ... financed by  Loan from local bank. ¢ ¢
John was smart to install  Solar Panels as External  Coating to his house.
Solar Panels generates Solar Energy and passes it to Power Grid.  This energy not only  covers his monthly Electricity Bills  but also generates Surplus.  He gets 30% of as much of his salary from  Carbon Credit earned by Solar Panels
2060: John is now  Carbon Rich.  Can afford  Plug In car -personal transport vehicle is an luxury for any citizen these decades.
It Doesn't need Oil Charges in flat 10 mins. Can run for 24 hrs on single charge.  Zero emission. … 2065
World Carbon Bank is celebrating  45 th  Year  of  implementation. Our objective of highly  Carbon conscious society  has been a success.  World  Carbon emission is reduced by 40%  since then. Rate of Global warming is slowing; …. ¢
… there was  no currency crisis  since 2011; unexpectedly it also helped global trade.  Terrorism also faded since all funds are over wire and in Carbon account.  We must thank to our  Economist  who put relentless efforts to visualize a flawless and well accepted Carbon Currency” -Controller, WCB, 2065
“ World Carbon Bank-Economists Team nominated for  Nobel Prize ”  - Bloomberg reports.  2065
Wake up …lets apply our minds..you can be one of the them We are still in 2010…
This is our chance to be one of them… To shape History of mankind…
Opportunity
Lets Discuss.. Debate.. Collaboratively Innovate …
Structure of  World Carbon Bank
Suggest Framework for ¢ Exchange Rates
Share Challenges you anticipate…
No challenge is too BIG!
Write us immediately:  [email_address]

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Carbon Currency

  • 1. World with Carbon Currency Somnath Jaju , EPGP 09~10, Indian Institute of Management, Indore
  • 2. “ A crisis is a terrible thing to waste.” - Paul Romer
  • 3.  
  • 5.  
  • 6. Carbon Capping for Country??
  • 12. Dollar-Yuan Exchange Rate Dollar as World Currency?? Dollar-Yen Exchange Rate Yuan-Ruble as Global Currency?? Dollar-Won Exchange Rate UN wants new global currency to replace dollar – Telegraph!
  • 15. 10 ¢ World Carbon Bank United Nations
  • 18. Second Life- LindeX-L$ is a Virtual Reality!
  • 19. Who will control it? World Carbon Bank Carbon Bank of America Carbon Bank of UK Carbon Bank of China
  • 20. How we transact in Carbon World?
  • 22. Name: John Tucker Name of Parent: Larry Tucker Nationality: American DoB: 21/02/2020 Carbon A/C: USA12344321 Carbon Bank: Carbon Bank of America
  • 23. Carbon Citizenship Details Issued by: Carbon Bank of America Chip Number: USA56788765 Chip Implanted on: 21/02/2020
  • 24. A/C Statement Carbon A/C: USA12344321 Grant ¢ 1,000,000 Cr (From Govn. of America) Transfer ¢ 2,000,000 Cr (From Larry Tucker) Debited ¢ 5,000 Dr (US Nursing Home)
  • 25. Once upon a time People used Passports, Social Security Numbers! Department of History, University of Pittsburgh!
  • 26. John- got an Carbon Account , on his birth. A C-Chip™ was planted in his Wrist. This implant will keep track of his Carbon-Richness / Worthiness in Carbon Dollar- ¢
  • 27. John went to school
  • 28. John went to School- paid fees in Carbon Dollar - ¢ ; so are payment for his school bus and canteen bills paid in ¢
  • 29. John Buys a Bike. John pays Caron Dollar to dealer; Road taxes, Insurances, price of accesories all paid in Carbon Dollar
  • 30. By Now maintaining a Bike is very Costly. Government has slapped 200% Luxury Tax on Gasoline!
  • 31. Fuel Surcharge 200% ¢ ¢ ¢ ¢
  • 32. John Evolves into a Salaryman!
  • 33. “ Now World has only one currency… last phase of World Carbon Currency Program in African countries was declared success !”....BBC News, March 21, 2045
  • 34. “ Concept of Tickets is History… All Transactions are done by C-Chip™ in the wrist….” Newyork Times tracks history . “ Hackers attempted to attack Carbon Bank IT System”- Bloomberg reports “ Our IT Systems are sound and Crack-proof ”-Controller, World Carbon Bank
  • 35. John got his first Salary! ¢ Salary of 12,000 credit to your account USAXXXXX21. Date: 21 Dec, 2045, 09:30 “ Save Carbon, Save the Earth”-A&T
  • 36. John celebrates the occasion with his Girlfriend over Candle Light Dinner! He ends up paying more for Leftover than actual cost of food…. Now Government fines for wasting food!
  • 37. John is now settled in his Job… he purchased a House… an Eco friendly house costed less ... financed by Loan from local bank. ¢ ¢
  • 38. John was smart to install Solar Panels as External Coating to his house.
  • 39. Solar Panels generates Solar Energy and passes it to Power Grid. This energy not only covers his monthly Electricity Bills but also generates Surplus. He gets 30% of as much of his salary from Carbon Credit earned by Solar Panels
  • 40. 2060: John is now Carbon Rich. Can afford Plug In car -personal transport vehicle is an luxury for any citizen these decades.
  • 41. It Doesn't need Oil Charges in flat 10 mins. Can run for 24 hrs on single charge. Zero emission. … 2065
  • 42. World Carbon Bank is celebrating 45 th Year of implementation. Our objective of highly Carbon conscious society has been a success. World Carbon emission is reduced by 40% since then. Rate of Global warming is slowing; …. ¢
  • 43. … there was no currency crisis since 2011; unexpectedly it also helped global trade. Terrorism also faded since all funds are over wire and in Carbon account. We must thank to our Economist who put relentless efforts to visualize a flawless and well accepted Carbon Currency” -Controller, WCB, 2065
  • 44. “ World Carbon Bank-Economists Team nominated for Nobel Prize ” - Bloomberg reports. 2065
  • 45. Wake up …lets apply our minds..you can be one of the them We are still in 2010…
  • 46. This is our chance to be one of them… To shape History of mankind…
  • 48. Lets Discuss.. Debate.. Collaboratively Innovate …
  • 49. Structure of World Carbon Bank
  • 50. Suggest Framework for ¢ Exchange Rates
  • 51. Share Challenges you anticipate…
  • 52. No challenge is too BIG!
  • 53. Write us immediately: [email_address]