THE 2007 FEASTA LECTURE
November 13th 2007
Peter Barnes is a successful US social entrepreneur and author of Capitalism 3.0, whose previous career has ranged from setting up one of the first solar energy companies in California to pioneering the use of charity credit cards and ethical phone services at workingassets.com. He described how a "cap and rebate" system is the best option for an ethical economic framework to stabilise the climate which would "pay" citizens and communities substantial sums of money every year to benefit from rapidly rising carbon prices. He also talked about the need for a strong new independent "Third Sector of Commons' Trusts" in the economy with the remit of protecting and sharing out the benefits of commons such as the atmosphere - so overcoming the "tragedy of the commons".
Link to introduction to Cap and Share by Richard Douthwaite here vimeo.com/5666640