My presentation to the Symposium on Climate and the Economy, organized by the Cowichan Estuary and Conservation Association - Guy Dauncey Author of Journey to the Future: A Better World is Possible, and The Climate Challenge: 101 Solutions to Global Warming.

1. Climate and the Economy:
Beauty and the Beast
Symposium on Climate Change and the Economy
Guy Dauncey, Duncan, March 2017

2. The Beast = The Economy
= Mechanistic, reductionist thinking

3. The Prince = The New Economy
= Holistic, systems thinking

4. Beauty = Nature, Holocene Climate

7. Homo Economicus

17. Climate
Change?
It’s all just
hot air
Climate
Change?
It’s all just
hot air

18. Huh?

22. December 2016

23. The last time the world was 3C warmer,
the sea level was 25 metres higher.

24. The Guardian, March 22, 2016

25. Cowichan Estuary
0 metres sea-level rise
flood.firetree.net

26. 2 metres sea-level rise

27. 5 metres sea-level rise

28. 9 metres sea-level rise

29. 20 metres sea-level rise

30. Vancouver 0 Metres Sea-Level Rise

31. Vancouver 2 Metres Sea-Level Rise

32. Vancouver 5 Metres Sea-Level Rise

33. Vancouver 9 Metres Sea-Level Rise

34. Vancouver 20 Metres Sea-Level Rise

38. We must
change our
future story
from negative
to positive,
from
fear and worry
to hope and
determination.
We must
change our
future story
from negative
to positive,
from
fear and worry
to hope and
determination.

39. The Economics of Self-Interest
Homo Economicus
$$$$$$$$

40. Rational

41. Rational
Self-interested

42. Rational
Self-interested
Maximizing capital gain

43. Rational
Self-interested
Maximizing capital gain
Ignoring externalities

44. Rational
Self-interested
Maximizing capital gain
Ignoring externalities
Produce!

45. Rational
Self-interested
Maximizing capital gain
Ignoring externalities
Produce!
Consume!

46. Rational
Self-interested
Maximizing capital gain
Ignoring externalities
Produce!
Consume!
Grow!

47. Rational
Self-interested
Maximizing capital gain
Ignoring externalities
Produce!
Consume!
Grow!
REPEAT…..

49. Guy Dauncey 2013
www.earthfuture.com

50. Guy Dauncey 2013
www.earthfuture.com

51. Guy Dauncey 2013
www.earthfuture.com
GDP =
Gross
Depletion
of the
Planet

52. How to Kiss the Beast

53. 1. Launch a Creative Engagement with the
community to discuss the climate crisis,
and seek solutions

54. 2. Tackle ecological ignorance.
Starting with VIU, require that starting in 2020,
every entry student and new professor must have
passed a course in Ecology 101.

55. 3. Set a regional district goal to achieve 100%
renewable energy by 2040

56. 4a. Persuade 100 local businesses to attain
Vancouver Island Green Business Certification
by 2020, 1000 by 2030, all by 2040

57. 4b. Persuade 50 local businesses to become Benefit
Corporations by 2020, 500 by 2030, all by 2040

58. 5. Adopt a goal for 25% of local farms to be organic
by 2020, 50% by 2030, 100% by 2040

59. 6. Find ways to increase vegetarian diet, and reduce
the local consumption of industrial meat and dairy

60. 7. Work to restore 25% of local forests to an old
growth restoration trajectory by 2020,
50% by 2030, 100% by 2040

61. 8. Adopt a plan for the whole regional economy to
become a restorative economy by 2040

62. 9. Stay really engaged in climate impact preparation
and mitigation

63. 10. Persuade all other regional districts
on Vancouver Island to adopt the same goals

66. A Roadmap for Rapid Decarbonization
Science, March 24 2017

67. 1. Launch a Creative Engagement with the
community to discuss the climate crisis,
and seek solutions

68. It will take everyone – non-profits,
service clubs, schools, colleges,
businesses, banks, governments

69. We need to organize together
so that we can flourish in harmony with each other
and with Nature.
Unity in Diversity, Shared Purpose

70. Environmental groups
Food and gardening groups
First Nations
Youth groups
Local government
Local businesses
Schools
Churches
Community groups
Political organizations
Chamber of Commerce
Service clubs
Regional District
Local college

72. 2. TACKLE ECOLOGICAL IGNORANCE.
Starting with VIU, require that starting in 2020,
every entry student and new professor must have
passed a course in
ECOLOGY 101

73. Before Ecology 101

74. After Ecology 101

75. After Ecology 101
Candidates for School Boards
New teachers, school board staff
Candidates for municipal elections
Candidates for provincial, federal elections
Candidates for non-profit leadership
UVic, Camosun, Royal Roads, North Island College

76. 3. Set a regional district goal to achieve 100%
renewable energy by 2040

77. Farewell and Thank
You, Fossil Fuels
Welcome,
Solar Age!

81. GUSSING, AUSTRIA
is ALREADY
100% RENEWABLE

82. The City of COPENHAGEN
voted to BECOME
100% CARBON NEUTRAL by 2025

83. The City of OSLO
voted to REDUCE its GHGs
By 95% by 2030

84. CITY OF FRANKFURT
voted to go
100% RENEWABLE by 2050

85. CITY OF VANCOUVER
voted to go
100% RENEWABLE before 2050

86. CITY OF VICTORIA
voted to go
100% RENEWABLE by 2050

87. DISTRICT OF SAANICH
just voted to move toward
100% RENEWABLE by 2050

88. Might DUNCAN
vote to go
100% RENEWABLE before 2050?

89. Might NORTH COWICHAN
vote to go
100% RENEWABLE before 2050?

90. Might the CVRD
vote to go
100% RENEWABLE before 2050?

91. Almost Twice as Many
Green Jobs in Canada
By Guy Dauncey
800,000 fossil fuel jobs lost
1,000,000 green energy jobs gained

93. Transportation with 100% Renewable Energy

95. www.tonystrailers.com

99. Where cars dominates, people connect less.
Less sense of neighbourhood.

100. With people-inspired urban design, people connect.
More sense of neighbourhood.

101. Which do you prefer… THIS?

102. Or THIS?

103. Barcelona is moving ALL buses to
100% electric by 2020

104. So why not here too?
Montreal – 100% electric buses by 2025
China – 40,000 new electric buses every year

105. Bio-methane from Bristol's sewage
treatment (UK) 300 km on a tank of gas.

106. Well-to-wheel, biomethane produces
95% less CO2 than diesel

108. 2nd
hand Nissan Leaf: $17,000
www.motorizevictoria.ca

109. The falling price of EV batteries

110. By 2025, Holland is preparing to permit
the sale of ONLY electric cars

112. 0 metres sea-level rise

113. 5 metres sea-level rise

114. 20 metres sea-level rise

115. Building Heat with 100% Renewable Energy

116. Passive Houses, Victoria
90% reduced heat loss

117. Brussels, Belgium
Since 2015, all new buildings and retrofits are
required to be Nearly-Zero Energy,
based on the Passive House Standard.

119. 4a. Persuade 100 local businesses to attain
Vancouver Island Green Business Certification
by 2020, 1000 by 2030, all by 2040

120. Green Business Certification

121. 4b. Persuade 50 local businesses to become Benefit
Corporations by 2020, 500 by 2030, all by 2040

122. Benefit Corporations

123. B Corporations Vancouver Island

124. 5. Adopt a goal for 25% of local farms to be organic
by 2020, 50% by 2030, 100% by 2040

125. Organic yields match conventional yields.
Outperform conventional in years of drought.Organic
farming uses 45% less energy.Produces 40% fewer
greenhouse gases.Is more profitable than conventional
farming.
Rodale Institute, 30-year trials.

126. Zero-till, conservation farming and organic
farming could sequestrate 50 GT of carbon
from the atmosphere. - Rattan Lal

127. All organic farms protect their bees

128. Local Food with 100% Renewable Energy
plus added carbon storage!

130. 6. Find ways to eat more vegetarian, and reduce the
consumption of industrial meat and dairy

131. Guy Dauncey 2013
www.earthfuture.com
The livestock industry – meat & dairy –
is causing 15% of global warming

132. Who,
- me?
Who,
- me?

133. Me?Me?

134. 100% Delicious Vegetarian Food

136. 7. Work to restore 25% of local forests to an old
growth restoration trajectory by 2020,
50% by 2030, 100% by 2040

137. Global Deforestation
1.5 Gigatonnes of carbon a year

139. Klanawa Valley, Vancouver Island TJ Watt

140. Merv Wilkinson at Wildwood

141. Second growth forest, needs thinning

142. Wildwood Forest
with added carbon storage

143. 8. Adopt a strategy for the whole regional economy
to become a restorative economy by 2040

144. The transition from a capitalist economy
to a green, entrepreneurial cooperative economy
could be one of the defining achievements
of the 21st
century.

145. The Economics of Kindness
Homo Economicus Homo Amicus

146. The Eight Dimensions of Wealth in a Real Economy

147. The Eight Dimensions of Wealth in a Real Economy
Ecological
Wealth

148. The Eight Dimensions of Wealth in a Real Economy
Ecological
Wealth
Individual
Agency

149. The Eight Dimensions of Wealth in a Real Economy
Ecological
Wealth
TrustTrust

150. The Eight Dimensions of Wealth in a Real Economy
Ecological
Wealth
TrustTrust
Future
Faith
in the

151. The Eight Dimensions of Wealth in a Real Economy
Ecological
Wealth
TrustTrust
Future
Faith
in the
Cultural
wealth

152. The Eight Dimensions of Wealth in a Real Economy
Ecological
Wealth
TrustTrust
Future
Faith
in the
Cultural
wealth
Community
wealth

153. The Eight Dimensions of Wealth in a Real Economy
Ecological
Wealth
TrustTrust
Future
Faith
in the
Cultural
wealth
Community
wealth
Public
wealth

154. The Dimensions of Wealth in a Real Economy
Ecological
Wealth
TrustTrust
Future
Faith
in the
Cultural
wealth
Community
wealth
Public
wealth
Private
wealth

155. Green Space
Great Schools
Social Space
Affordable
Childcare
Solar Energy
Community
Wealth
A Sharing
Economy
Urban Food
Work-sharing
Citizens Income
Affordable
Housing
Free Post-Sec
Education
Great Public
Transport
Bike Lanes
Social Business Social Banking
A Cooperative
Economy
A Circular Economy

156. Kate Raworth
Oxfam Economist

160. A CVRD Regional Sustainability Meeting
in 2020

161. 9. Stay really engaged in climate impact preparation
and mitigation

164. 10. Persuade all other regional districts
on Vancouver Island to adopt the same goals

165. A self-interested
‘homo economicus’
economy

166. A common good
‘homo amicus’
economy

167. A Vancouver Island Sustainability Gathering
in 2021

168. A Roadmap for Rapid Decarbonization
Science, March 24 2017

169. “A fabulous book …
a sweeping vision”
– James Hansen,
NASA

170. “A joyous, hope-
filled manual.”
- Bill McKibben
350.org

171. The Biggest Global Climate Solution
You Have Never Heard Of

172. WORLD FUTURE COUNCIL

173. Chief Economist
World Future Council

174. Massive acceleration to achieve 100%
renewable energy needs an investment of
$1.5 to $2 trillion a year.
$300 billion a year is needed in public grants.
Chief Economist
World Future Council

176. “Climate change initiatives offer a $5-7 trillion
funding opportunity for capital markets.”
Mark Carney, Governor of the Bank of England

177. Established to keep the global temperature
increase below 2°C by investing in
low-emission climate-resilient development.

178. Advanced economies have agreed to mobilize
$100 billion a year by 2020,
but only $10 billion has been raised so far.

179. Where does new money come from?

180. A. Is it printed by the Central Banks,
reflecting the quantity of gold in reserves?
NO.
Where does new money come from?

181. A. Is it printed by the Central Banks,
reflecting the quantity of gold in reserves?
NO.
B. Is it created by Private Banks based on
their fractional reserves? YES, kind of.
Where does new money come from?

182. A. Is it printed by the Central Banks,
reflecting the quantity of gold in reserves?
NO.
B. Is it created by Private Banks based on
their fractional reserves? YES, kind of.
C. Is it created by Central Banks out of thin
Where does new money come from?

183. “The process by which banks create money is
so simple that the mind is repelled.”
- John Kenneth Galbraith

185. New money is not created out of thin
air, but out of shared social trust.

188. Public TRUST…

189. Public TRUST…
Allows money creation…

190. Public TRUST…
Allows money creation…
Allows banking…

191. The Bank of Gandalf can
create money out of thin air
because of social trust.

192. Quantitative Easing

193. Quantitative Easing for the Climate

194. The World’s Central Banks

195. Issues $300 billion a year
in Green Climate Bonds

196. Issues $300 billion a year
in Green Climate Bonds
World’s Central
Banks create
$300 billion a year to
buy the bonds

197. Issues $300 billion a year
in Green Climate Bonds
World’s Central
Banks create
$300 billion a year to
buy the bonds
$300 billion a year

198. Distributes $300 Billion a
year as leverage to attract
private capital

199. Distributes $300 Billion a
year as leverage to attract
private capital
which invests
$1.2 trillion a year
in renewable energy
and climate solutions

200. Not an inflationary risk
Global economic output: $80 trillion a year
Global Central Banks Climate Stimulus
$300 billion a year
0.375% monetary increase a year

202. 20 metres sea-level rise

203. Collapse is
Possible

204. A Great Transition is Possible

206. Climate and the Economy:
Beauty and the Beast
www.slideshare.net/GuyDauncey

207. “Brilliant!”
- David Suzuki
“A tour-de-force”
- Tzeporah Berman