A promising young entrepreneur offers to build a plant, using AUSRA technology, to provide enough electricity to power 5,000 homes, if he can get guaranteed multi-year purchase contracts from 5000 buyers. (Like a mobile contract, but for electricity.) With these contracts in hand, he can secure the financing from a CBA or Macquarie Bank to build the plant, plug into the grid and provide that clean green power. All of this can be managed using nothing more than a website and the goodwill of Australians who want to do something – anything – to slow down global warming.
Would you want to take part in such a scheme? How else might social networks help deal with environmental challenges? Share your thoughts in the comments.
DIY carbon change [ABC Unleashed]