Delton Chen - Global Carbon Reward (Carbon Quantitative Easing)

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Delton Chen founded the Global Carbon Reward initiative in 2013. Delton is a qualified civil engineer and geo-hydrologist, and he holds a Ph.D. in engineering from the University of Queensland, Australia. Delton did his doctoral research on the hydrology of a coral cay in the Great Barrier Reef, and he has 20 years of combined experience in groundwater management, environmental impact assessment, geothermal energy and climate mitigation. Delton is a thought-leader in the development of public policies based on Central Bank Digital Currencies, and is a member of the Blockchain Climate Institute. Delton founded the “Global Carbon Reward” initiative to help reduce and remove carbon at the speed and scale that are needed to stabilize the climate and meet the 2015 Paris Agreement. Delton believes that the Global Carbon Reward can fill the funding gap for climate mitigation and help protect communities and ecosystems from the ravages of climate change and over-consumption.

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Topics discussed:

• Introduction of the Global Carbon Reward (and Carbon Quantitative Easing).

• Modern Monetary Theory inspiration for ‘Ministry for the Future’ by Kim Stanley Robinson.

• Bloomberg articles and Wikipedia pages.

• Relevance to Modern Monetary Theory, Green Quantitative Easing, and Central Bank mandates moving towards Climate Change.

• Project phases of the Global Carbon Reward.

• Details about  the Carbon Currency.

• Pricing theory of the Carbon Currency.

• Governance and Implementation of the Global Carbon Reward.

• Weightings of the Global Carbon Reward

• Biophysical analysis for Monetary Policy (Living Systems Economy)

• How can you contribute to the Global Carbon Reward?

• Advice to STEM researchers who want carry out finance and economics research: ‘Using an epistemic way of thinking’.

Note: This podcast is for informational purposes only and should not be considered as investment advice. The interview took place on 27th September 2021.