Descendant Banking at 0% Interest
ZERO PERCENT LENDING
Economic Strategy: 0% lending for countries including a refinance of sovereign debt to unlock tax revenue for governance.The capital is simply future tax revenue, repayable in 2250 on a national basis.
Unlike commercial bank lending in excess of reserves, which creates permanent money, capital from the Descendants' Bank is temporary, ceasing to exist when paid back.
With fewer bonds available, investor capital seeking steady returns invests in stable and sustainable businesses.
Unlike Modern Monetary Theory approaches, the Descendants' Bank provides capital directly to developing nations.
Real 0% Interest makes real zero emissions possible.
Fully transparent, with publicly conducted decision making, the Descendants' Bank can provide the flexible terms for capital for developing nations to actually develop before repayment.
REAL ZERO APPROACH
REAL SOLUTIONS
A bottom-up, real-world approach grounded in physical reality, not false solutions like direct air capture carbon capture and storage. As humanity, we have the technologies to stop burning fossil fuels, but haven't been implementing them widely enough due to financial hurdles.
REAL ABUNDANCE
Existing technologies can provide all thermal and mobility requirements using emissions free electrical power. Strategic capital investment by countries can ensure long term electricity affordability, benefiting business, nature, and individuals.
REAL CHALLENGE
Cold climate nations face an overlooked technical hurdle where increased winer demand for electricity for building heating and EVs coincides with lower PV output. Zero-interest capital coupled with planning is a vital tool to navigate this imbalance between supply and demand. Ground source heat pumps and superinsulation are costly, but cut winter peak demand, reducing the need for costly long duration storage and keeping electricity affordable.
PASSING 0% FINANCING THROUGH
How the Descendants’ Bank Reaches People
0% FINANCING FOR GOVERNMENTS
Rational Public Incentives
Governments use capital from their 0% loans to provide the rational incentives that make energy transition microeconomically viable.
0% FINANCING FOR PEOPLE
Finance Unlocks Private Investment
Flexible 0% loans, passed through from national lending, empower homeowners, small businesses, and industry to help pay for energy transition measures in a sustainable manner, keeping government spending based on future tax revenues efficient.
0% FINANCING FOR INDUSTRY
Scaling Fossil Free Solutions
Technologies like chemical cement manufacturing need to be globally scaled, rapidly. Funding and scaling transformative solutions is possible with a Descendants' Bank.
NO REVOLUTION REQUIRED, hold the terrorism please!
Global 0% financing defuses geopolitical friction and extremist motives against energy assets by enabling a rapid and transparent planned transition off of fossil fuel combustion. Instead of increasing costs for fossils, or limiting hydrocarbon development, this approach reduces costs for electric alternatives. Fossil fuel extraction will not cease by 2050, as hydrocarbons remain vital natural resources for non-combustion uses including plastics, rubber, and chemicals. Replacing fossil-based fertilizers is a secondary priority compared to the urgent planetary need to address climate change.