Finance for Green Chemistry through Currency Mix
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Joji Watanabe
Abstract
Introduction of green chemistry will require a large sum of finance to conduct basic research and develop applications at various research institutes in the public and private sector. To meet the financial needs, the author suggests a change in the currency system commonly applied in most countries to a mix of debt currency and equity currency, in which the latter means currency directly issued by the government, thereby avoiding arguments on the upper limit of government bond issuance. In most advanced economies potentially with large excess supply capacities, bad inflation never takes place as long as workers can work in peace under good securities, and as long as additional budget can be used in proper manners. This new currency issuance system for sufficient public funding will not only support research and realization of green chemistry, but also solve social problems by assisting the underprivileged, etc.
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Author contributions: The author has accepted responsibility for the entire content of this submitted manuscript and approved submission.
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Research funding: None declared.
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Conflict of interest statement: The author declares no conflicts of interest regarding this article.
References
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© 2021 Walter de Gruyter GmbH, Berlin/Boston
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- Frontmatter
- Reviews
- Recent endeavors in microbial remediation of micro- and nanoplastics
- Metal nanoparticles and its application on phenolic and heavy metal pollutants
- The story of nitrogen
- Recent development of imidazole derivatives as potential anticancer agents
- Indole based prostate cancer agents
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