Financing The Optimal Cookstove Ted Redelmeier. How can the Optimal Cookstove be Financially Viable?

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Transcript of Financing The Optimal Cookstove Ted Redelmeier. How can the Optimal Cookstove be Financially Viable?

Financing The Optimal Cookstove

Ted Redelmeier

How can the Optimal Cookstove be Financially

Viable?

Gasifier + Rice Husk = <3

Working Hypothesis:If(optimal cook stove)Then

{(minimize respiratory disease) + (efficient use biomass feedstock) + (carbon sequestration) + (soil restoration) + (rural poverty alleviation)}

Optimal Cookstove => Char CreationOptimal Cookstove => Income Generation

“Equal & Opposites”

[C+] + [C-] = [C=]

“Equal & Opposites”

[C++] = [C++]

“Equal & Opposites”

[C++] + [C--] = [C==]

$Trillions in Foreign Aid Over the Last 50 Years

When we’re used to gifts we get an attitude of entitlement

Microfinance: A Couple of Characteristics

➔ Alleviates poverty??➔ Reduced transactions costs of serving

the poor

The Cookstove must Cook AND Generate Revenue

The Dilemma of the Inequality

The Inequality:

$[char as heat and electricity] >=< $[char as C--] and $[char as biochar]

No markets for the RHS, wherever there is available woody biomass [char as heat and electricity] is made and there is a local market for charcoal.

Therefore no biochar, no carbon sequestration.

Hypothetical Rice Farming Family

Hypothetical Family Gets an Optimal Cookstove

Rice Husk - Cookstove - Biochar - [C--]

[C--] Agent Exchanges $ and [C--] property with [Ted]

[C--] Bought And Sold

Carbon “Offsets” vs. Carbon “Equal & Opposites”

The Difference Between Substitutes and Complements

OFFSETS

• Does nothing to remove CO2 from the short term carbon cycle

• Only succeed in changing the rate of C++ activities

• Attempt to substitute net or inherently carbon neutral energy for C++ energy;

EQUAL & OPPOSITES

• Permanently removes CO2 from the short term carbon cycle

• Acts to complement C++ activities with C-- activities

• [C--] is a complement to [C++], facilitates the creation of a universal energy market that is uniformly carbon neutral [C=] and [C==]

Scaling up the Numbers

Financing The Optimal Cookstove

Ted Redelmeier