Sustainability’s Transition Decade

Karl FitzgeraldCommentary1 Comment


Taking our lead from a superb weekend of discussions amongst a gamut of switched on thinkers at the Sustainable Living Festival, Karl Fitzgerald and Andy Moore presented the Renegade Economists live from the event.

During the show we ran through a dream list of predictions for a Transition Decade to sustainability

Listen to the show (right click to download) as we make our way through:


  • Speculators Savaged by GFC

  • Vested Interests Exposed
  • Lobbyocracy Outlawed

  • The People Awaken

  • Election based on Geonomics Tax Reform
  • Income Tax Halved
  • Stamp Duty abolished
  • Land Rent system imposed (5% on yearly land valuations)
  • Carbon Tax system starts with great fanfare
  • Profits soar in green industries
  • Affordability improves

  • Geonomics system expands
  • Payroll Tax removed
  • Company tax abolished
  • Resource Rents capture 80% of mining profits
  • Natural Monopolies pay annual license on value of privilege (ie banks, phone, water companies)
  • Wage levels shoot up as less paid in rent
  • Tax incentives for localised bio-char projects
  • Council rates change to Site Value only (improvements no longer taxed)

  • Scare campaign by vested interests shot down by Chris Judd
  • Urban Density, walkability jump
  • Citizens paid for Eco System Services management
  • Community Land Trusts surge in popularity
  • Lord Mockton admits he was wrong

  • 7th new (magnetic) train line built in Melb
  • 60% of houses have govt funded solar/ micro power generation

  • Carbon Taxes increased, air pressured cars outsell petrol

  • Extra government finance piled into saving plankton (possible as
    tax havens now rendered obsolete)

  • Govt encourages people to work from home
  • People work less hours as less needed for mortgage

  • Greens around the world are thanked for saving the planet

One Comment on “Sustainability’s Transition Decade”

  1. and i think we talk about this in the podcast, how each wind turbine delivers the farmer a windfall of $15,000 p.a but the neighbours and community get nothing. If there was a 60/20/20 split between farmer, neighbours and wider community, then there would be consensus for more viable projects. that’s called sharing the economic rent.

    The government could then sell local council bonds to finance the new wind turbines, with the spoils from the turbnes to pay it off over 20 years, helping to keep the profits in the community.

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