Green Future, Green Economy

Green Future, Green Economy
A Presentation
by Guy Dauncey

British Columbia, May 2017
Hot-Button Election Issues
1. The Housing Crisis
2. Climate and Energy
3. Jobs, New Economy
4. Money in Democracy

May 2017
1. The Housing Crisis

Super InTent City, Victoria Courthouse

Renovate and Transform
the Rooming Hotels

Vancouver Average House Price
January 2016
Single Family: $1,850,000

Offshore tax evasion in
Vancouver real estate
Ian Young, South China Morning Post

The five prime causes of the crisis:
1.Offshore buying
2.Inequality + Inheritances
3.Liberal bank lending policies
4.AirBNB
5.30 years of government neglect

2/3rds
of Canadians.
Parents own property.
They will inherit.

1/3rd
of Canadians.
Parents do not
own property.
They will never inherit.
2/3rds
of Canadians.
Parents own property.
They will inherit.

Developer incentives
to build 100% rental properties

Gather lots of money
and build lots of affordable housing

Gather lots of money
and build lots of affordable housing
Seven new sources of revenue

Seattle’s property tax levy has enabled the
construction of 12,500 apartments with
below-market rents.
1. An affordable housing tax levy

2. Escalating taxes on properties
left empty

3. Escalating property transfer tax
on top-end real estate sales

4. Speculation tax on properties
flipped within a year

5. Offshore tax on homes bought
through tax-havens

6. Affordable Housing Tax on AirBNBs
67% of Vancouver AirBNBs are for
whole house or apartment

7. An Inheritance Tax on Estates
above a certain value

Pour all the new money into
building Affordable Housing

Marine Court Housing Cooperative, Vancouver
PASS
Passive, Affordable,
Sociable, Sustainable

Passive Houses, Victoria
90% reduced heat loss

Passive House, Victoria.
90% less heat, 4.4% more cost, net zero $ cost
www.bernhardtpassive.com

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

Sociable
Where cars dominates, people disconnect.
Less sense of neighbourhood, mutual support.

Sociable
With people-inspired urban design, people connect.
More sense of neighbourhood, mutual support.

www.rentalhousingindex.ca
By 2021, 79,730 new rental units required
24,975 new subsidized units required

IMPACT OF HOME BUILDING AND REMODELING
ON THE U.S. ECONOMY
Special Studies, May 1, 2014
By Paul Emrath, Ph.D.
Economics and Housing Policy
National Association of Home Builders

80,000 new rental housing units needed
Over 4 years = 20,000 units a year
1 rental unit = 1.13 jobs = 22,600 jobs a year

AFFORDABL
E
HOMES
July 1st
, 1962 July 1st
, 2018?

An Affordable Housing Act
1.Make the commitment that every BC citizen
will have an affordable home by 2020.
2.Restrict the ownership of property in BC by
non-Canadians.
3.Gather a large pool of new money by
introducing several new targeted taxes.
4.Create an Affordable Homes Land Reserve.
5.Invest all the new income in building 100%
renewable energy, Passive House designed,
socially inclusive, affordable homes.

May 2017
2. Climate and Energy

Global Temperature Change 1850-2016

The Paris Climate Agreement
Great
Collapse
Great
Transition

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

Vancouver 2 Metres Sea-Level Rise

Vancouver 20 Metres Sea-Level Rise

ALL FOSSIL FUELS
CAUSE CLIMATE CHANGE

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.

92%of British Columbians
want to see a plan
to develop jobs in
the renewable energy
sector.
Oracle Poll, November 2015

75%
of British Columbians think protecting the
climate is more important than building
pipelines and further developing the tar sands.

73 %
of British Columbians want to see a legally
enforced cap or limits on carbon pollution.

65%
of British Columbians want a commitment to
phase out coal, oil and gas, replacing them
with renewable energy.

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

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

Renewable Energy
No new jobs if Site C goes ahead
New wind energy jobs if cancelled
BC electricity already almost zero carbon

Increased Transit
$1.6 billion investment a year
35,000 jobs (direct, indirect & induced)

Cycling Economy
25% trip-share
9,750 direct jobs

90% of BC buildings
over 25 years
16,500 jobs
(direct, indirect & induced)
Building Retrofits

Organic Farming
100% transition to organic methods
13,000 new jobs after 25 years
520 new jobs a year

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

Australian/Chinese Brighsun Bus
1027 km on one charge

Barcelona is moving all buses to electric
100% electric by 2020.
Self-financed by savings on running costs.

Elevated transit bus, under development in China

Real-time electronic bus stops

Car sharing - Car2Go
100,000 members in Vancouver

By 2025, Holland is preparing to ban the
purchase of gas and diesel cars

Almost 400,000 advance orders placed for
The Tesla Model 3. $35,000 US
320 kilometres range

The falling price of EV batteries

40 ton truck, 100 km range, 3-4 hours recharge

Swiss E-Force 18 tonne electric truck
300 km range
80–110 kWh per 100 km at highway speed

Future Nicola One 2000 HP electric truck
CNG hybrid. Driving range 800-1200 miles
per tank. www.nikolamotor.com

Future Scania electric truck,
recharging by an inductive roadway.

Stockholm, 80,000 apartments
heat from treated sewage

Vancouver Olympic Village
Sewage-Based District Heat

Drake Landing, Okotoks, Alberta
Stored Solar Thermal Heat

800 solar hot water panels on the garages

Energy Centre
Community solar
Thermal panels
90% solar heating throughout the
cold Alberta winter

A 100% Renewable Energy Act
1.Set a target to derive 100% of the energy used
in BC from renewable sources before 2050.
2.Develop four 100% Renewable Energy
Transition Plans for BC’s electricity, buildings,
transportation and industry.
3.Work with BC’s colleges to prepare the
workforce for the jobs that will be needed.

May 2017
3. Jobs, New Economy

Treat Nature as
a Being to Respect,
not a Resource to Exploit

Count and tax Nature’s external costs
Regulate effectively to protect habitat
Compassionate care for farm animals
Fully protected habitat zones
A green restorative economy
100% sustainable fisheries
100% sustainable forestry
100% renewable energy
100% organic farming
Zero waste
An Ecological EconomyAn Ecological Economy

Measure General Provincial Happiness
as well as Gross Domestic Product

Benefit Corporations in Vancouver
Aquatic Informatics
Aroundsquare Ltd
Big Room Inc.
Brix Media Co.
Climate Smart Business, Inc.
Ethical Bean Coffee
Fairware Promotional Products.
Flipside Creative
Hootsuite
Junxion Strategy
Kent Employment Law
Leverage Lab
Light Trail Consulting
Lunapads
Mills Office Productivity
Pyrrha
Realize Strategies
Recollective Consulting
Renewal Funds
RTOWN
Saul Good Gift Co
Save On Meats
SES Consulting
SMAK Food Inc
soulpepper
SPUD
Sustainability Television
Yulu Public Relations Inc.

www.startupcommunities.ca
Train New Entrepreneurs

The Triple Bottom Line
Planet, People, Profits

Emilia Romagna, Italy
• Population 4.4 million
• $$$, top ten European regions
• 32% self-employed
• 76% work in small business with 4-5
workers
• Italy’s 4th largest exporter
• 400,000 enterprises
• 7,500 cooperatives
• Strong tradition of reciprocity,
regional economy mutual support,
financed by 0.4% levy on sales
•Regional credit system with close ties
to local enterprises
• Lowest unemployment
• Highest rate of citizen satisfaction in
Italy
Cooperate Together

40% of the banks in the
world are Public Banks
Algeria
Austria
Brazil
Bulgaria
Caribbean
Chile
China
Colombia
Costa Rica
Denmark
Egypt
Finland
France
Germany
Holland
Hungary
India
Japan
Macedonia
Mexico
New Zealand
Norway
Poland
Russia
Slovenia
South Korea
Spain
Sweden
Switzerland
Syria
Taiwan

“When banks extend loans to their customers, they
create money by crediting their customers’
accounts.” - Sir Mervyn King
Governor of the Bank of England, 2003-2013

When a public bank creates
money, the interest earned
returns to the public

Mission
“to deliver quality, sound financial services
that promote agriculture, commerce
and industry in North Dakota.”

Founded in 1919 by the Non-Partisan League
Loan Portfolio of $2.6 billion
Lowest unemployment in US
No state budget deficit

“More profitable than Goldman Sachs,
has a better credit rating than JP Morgan and Chase,
and hasn’t seen profit growth drop since 2003.
Meet the Bank of North Dakota,
the U.S.’s lone state-owned bank.
Return on equity (…) is 18.56%, about 70% higher
than at Goldman Sachs and J.P. Morgan.”
November 19, 2014

The Public Bank of
British Columbia, est. 2018
• Stores government and crown agency revenues
• Creates new money by the act of lending
• Saves taxpayers up to 50% in interest costs on critical
infrastructure like bridges, trains and schools
• Eliminates billions in bank fees and money management
for cities and the province
• Supports community bank loans to clean energy, building
retrofits, farms, First Nations projects, value-added
forestry, hi-tech, community development corporations,
small businesses, students.
• Provides counter-cyclical relief by issuing credit at low or
zero cost to revitalize infrastructure and other services

High density areas - $14.75
Medium density areas - $13.50
Low density areas - $12.50

Protect Public Ownership
and the Role of Government

“It is indisputable
that most of Apple’s
best technologies
exist because of the
prior collective
and cumulative efforts
driven by the State.”
- Mariana Mazzucato

Healthcare
Education
Social Security
Insurance
Utilities
Affordable Housing
Public Banking
Research & Development
Effective Regulation

A New Global
Financial Architecture

A New Economy Act
1.To support a new wave of socially conscious
entrepreneurial training in BC.
2.To support the development of Benefit Corps and
Cooperative Business Networks in BC.
3.To eliminate student debt in BC by adopting the
Oregon “Pay it Forward, Pay it Back” approach.
4.To raise the minimum wage to $15 an hour in BC by
2020, using the Oregon Tiered approach.
5.To take steps to create a Bank of BC.
6.To measure General Provincial Happiness in addition
to GDP.
7.To work with Ottawa to end tax evasion through the
use of offshore companies.
8.To work with Ottawa to introduce Basic Income.

May 2017
4. Money in Democracy

86% of British Columbians support a
ban on corporate and union political donations
before the next election
81% BC Liberal voters 91% NDP voters

$100 Voting Tax Credit
$3 million eligible voters in BC
Small revenue-neutral tax increase

A New Democracy Act
Before the 2021 election:
1.To end corporate and union funding of political
parties.
2.To reduce the age of voting in BC to 16.
3.To introduce electronic voting.
4.To introduce mixed-member, proportional
voting.

The Housing Crisis
An Affordable Housing Act
Climate and Energy
A 100% Renewable Energy Act
Jobs, New Economy
A New Economy Act
Money in Democracy
A New Democracy Act

Green Future, Green Economy

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