Some more info
a) The Central Bank could digitally create new money to fund various climate change projects. Ofcourse, all sorts other of things can be fully or partly funded (eg.charities etc)
b) Private banks create money as a debt (ie.re-payable) to society and businesses by typing on a bank computer. Most of the worlds money is actually created as something which is a debt. With a special licence they could create new money as something non-repayable with interest. All of this would be paid for by the Central Bank. This should speed things up as there would be a strong profit motive to notably fund green
projects on a massive scale.
c) large businesses notably the oil industry could be bought up thus helping to reduce emissions in the atmosphere. This may not be the most ethical way of doing things but iif push comes to shove it could at save many lives from climate change.....
d) With the arrival robots into entering industry many people will be become unemployed, and and a new form of banking could exist in which new free money could be created digitally to everyone...In other words, a Universal Basic Income. However, it also should be said that money itself could actually be made superflous altogther. It would also mean that something like Transfinancial Economics would be completely disappear..!
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