A regenerative enterprise is like
an apple tree whose main function is to produce offspring, except besides just
producing offspring (seeds) it also produces an abundance of fruit, wood, mulch
and shade from its leaves, and micro-environments amongst its roots. It is meeting its main function of
propagation and providing other functions as well. The apple tree however, can not achieve propagation alone,
it needs the bees to fertilize its flowers and make viable seeds, worms and
insects to turn its leaf mulch into compost for its roots, and water and
sunlight to grow.
An example of a regenerative
enterprise is Green Mountain Power’s (GMP) Cow Power program which uses customer
financial support to help equip dairy farmers with anaerobic digesters that convert
cow manure into methane gas which is fed into a gas engine that spins a
generator, creating electricity and heat.
The heat is repurposed to keep the anaerobic digester warm and the
electricity is fed into the grid for use by GMP customers. Last year a dozen farms with thousands
of cows participated in the program which was funded at a rate of four cents
per kilowatt hour by individual GMP users and large Vermont companies such as
Middlebury College, Drew’s All Natural and the Killington Resort. An example of a farm’s regenerative
output is seen in Green Mountain Dairy in Albany, Vermont which has 1,050 milk
cows producing over 20 million pounds of milk a year and generating about 1.828
million kilowatt-hours of electricity (greenmountainpower.com).
Like the apple tree, a regenerative enterprise cannot do it alone. GMP relies on the contribution of
farmers, customers and conversion technology to support Cow Power. Unlike
mono-capitalist models where financial gain is the main objective, regenerative
enterprises must exist within a regenerative capitalism system where outputs
are as varied as the apple trees’.
GMP individual and business participants are losing financial capital to
support this model by voluntarily paying a few cents extra per kilowatt, farmers
are losing financial capital through unreimbursed labor, time and space, and
converter technologies are gaining financial capital as their conversion systems
are purchased and used.
However like apple trees growing
within a complex natural environment, regenerative enterprises operate in capitalism
system that encompasses more than just financial capital. A regenerative capitalism system is
composed of eight forms of capitalism, according to authors Ethan Roland and
Gregory Landau (http://www.8forms.org).
Besides financial capital, there is also materials capital or raw
materials, social capital or relationships, spiritual capital or a connection
to a greater whole, intellectual capital or ideas and knowledge, experiential
capital from personal experience, cultural capital seen in community, songs,
story and art, and living capital seen in our natural environment.
Ironically the way in which these
systems are visually presented in a circle around the nucleus of capital, mimics
the parts of the Andean Cross. I wrote about the Andean Cross in a previous
article about Suma Qamana, a South American model of living well where needs
are met for all. This is a parallel
model to regenerative capitalism.
The Andean cross is made up of yachay or knowing, munay or loving, ruray
or doing, ushay or power.
Superimposing the regenerative capitalism model on the Andean Cross
creates clusters of similarities. Experiential
and intellectual capital become yachay (knowing), spiritual and social capital
become munay (loving), financial and material capital become ruray (doing) and
cultural and living capital become usay (power – meaning the power of past
histories, place based stories and beliefs). The commonalities of these two independently created models,
Suma Qamana with its roots in indigenous ways of being and regenerative
capitalism with its roots in permaculture, speak of our shared humanity and
place on a single planet.
Understanding GMP Cow Power as
regenerative capitalism broadens the way one is able to understand the role and
importance of the players in the model.
Where at first there seemed to be solely financial capital winners and losers
now there is more. The individuals
and businesses financially supporting the program gain living and material
capital as they help support the creation of new energy saving resources and
protect the environment. Farmers
gain experiential and social capital as they share farm management skills and
participate in a project with a greater community. The companies that supply the conversion systems gain
financial and intellectual capital as they are paid for their expertise. GMP
gains material, social, living, intellectual, and experiential capital as it
uses its expertise and direction to support the project. There is no financial capital gain for
GMP because surplus earnings are redirected to an independently managed Renewable
Development Fund used for education, grants and incentives to support renewable
generation technology and methods.
A purely financial capital growth
based model is degenerative instead of regenerative, it creates goods and
services solely for financial gain resulting in drained resources, communities,
and environments. To be
regenerative, the eight forms of capital need to be valued and incorporated in
to our ways of being. When
companies think regeneratively, new possibilities open up. Waste can be transformed into usable
goods, partnerships form and technologies are shared. To engage in further conversation about
regenerative enterprises, eight forms of capital and Suma Qamana, please join
author and professor, Dr. Tamara Stenn for a tea and a chat at the Twilight Tea
Lounge on 41 Main Street, Brattleboro, Thursday, Aug, 1st from 6-7pm
during the monthly Fair Trade Towns discussion or contact her at tstenn@keene.edu.
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