The paper money economy could collapse in a matter of days. Entire companies, now valued at billions of dollars, could become worthless overnight.
How could we build assets that are more durable, now that the markets must also deal with the rapidly growing uncertainties posed by climate change?
Anxiety about food security makes many countries make huge investments in farms, but such investments are all to often used in ways that degrade the land, through groundwater and aquifer depletion, through depletion of soil nutrients and by lowering the soil's carbon content, ultimately resulting in erosion and desertification.
But if a local council adds extra fees to rates for land where soil carbon falls, while using all the revenues for rebates on rates for land where soil carbon rises, then biochar becomes the currency that will help improve the soil's fertility, its ability to retain water and to support more vegetation. That way, real assets are built.
For more, join the
Biochar group and follow the
Biochar Economy page at facebook.
