http://www.augustreview.com/issues/tech ... 100125155/$this->bbcode_second_pass_quote('', 'I')n 1933, Hubbert and Howard Scott formed an organization called Technocracy, Inc. Technocracy is derived from the Greek words “techne” meaning skill and “kratos”, meaning rule. Thus, it is government by skilled engineers, scientists and technicians as opposed to elected officials. It was opposed to all other forms of government, including communism, socialism and fascism, all of which function with a price-based economy.
Two key differences between price-based money and Energy Certificates are that a) money is generic to the holder while Certificates are individually registered to each citizen and b) money persists while Certificates expire. The latter facet would greatly hinder, if not altogether prevent, the accumulation of wealth and property.
...A more likely influence on modern thinking is due to Hubbert’s Peak Oil Theory introduced in 1954. It has figured prominently in the ecological/environmental movement. In fact, the entire global warming movement indirectly sits on top of the Hubbert Peak Theory...
...As the Canadian Association for the Club of Rome recently stated, “The issue of peak oil impinges directly on the climate change question.” (see John H. Walsh, “The Impending Twin Crisis – One Set of Solutions?, p.5.)
Because of the connection between the environmental movement, global warming and the Technocratic concept of Energy Certificates, one would expect that a Carbon Currency would be suggested from that particular community, and in fact, this is the case...
I think we need to get rid of our current debt based fractional reserve monetary system.
The idea of a carbon currency is nothing new, however basing a new economy on "science, technology and energy" doesn't look to be off to a very good start when public support for it is being propagandized on some very questionable science, not to mention the complete centralized control required for such a system to work. The centralized control is already in place as Hubbert envisioned...