Energy Money Source and Use (Part 1)
— Is the energy or money to be used in this action derived from the most appropriate source in terms of my/our holisticgoal?As a reminder, you are able to consider energy and money together because almost every action you will ever take will require one or the other, and very often it will be both together. The main focus of the guideline is ensuring movement towards the ‘Quality of Life Statement’ in your holisticgoal. The Greenslopes Pastoral Co example is shown below, to remind you where to find it.
— Will the way in which the energy or money is to be used lead towards my/our holisticgoal?
To play Video Clip, just click once on the play icon. (If you have slow internet connection such as Satellite or dial up then you may need to press pause for a minute to allow streaming of clip for a continuous viewing)
To play Audio Click, just click once on the play icon. (If you have slow internet connection such as Satellite or dial up then you may need to press pause for a minute to allow streaming of clip for continuous listening)Two parts to the Guideline
This is a ‘two-part’ guideline, so for ease of studying, it has been divided into two sections. This page focuses on ‘Source’ of Energy and Money. You should click here to go to ‘Part 2’, the page covering ‘Use’ of Energy and Money.
It is important not to pre-judge the source or use of either energy or money. The correct time to judge is towards your holisticgoal, right at the point of making the decision to use some energy and/or money.
Sources of energy
Energy used in any action has to come from sources that are either:
Solar, wind or wave generated energy are examples of abundant energy sources, whilst coal and petroleum products, which took millions of years to produce, and will eventually run out, are limited in supply.
- abundant (or unlimited in supply); or
- limited in supply
When considering the source or origin of any energy you might use, you also need to consider their effects on the environment, and again these fall into two categories:
How they are classified will depend to a degree on the rate of consumption and the methods used to harness and distribute the energy. For instance, hydro-electricity is generally considered benign, but the dams used to harness the energy are often considered potentially damaging to waterways.
- those that are benign; and
- those that are potentially damaging to the environment.
The best chance for your long-term success is likely to occur when you are able to favour energy sources that are in unlimited supply, so long as you are confident that their use is also benign in the environment.
Sources of money
In broad terms, money may be sourced either:
Banks and government grants and loans fall under the ‘external’ category. These sources usually have a cost involved with them. In some cases the cost is monetary—as interest, but at other times it may include a requirement to comply with bureaucratic influence or red tape, and even outright interference in management, even though the people involved have no connection with your economic whole, or any ownership of your holisticgoal.
- internally (using earnings that were derived from the resource base of the business or organisation); or
- externally, from a lending source.
If the “cost” of the money might cause you to deviate from your holisticgoal (particularly the Quality of Life statement - see example above) it is quite likely that you would “Fail” the action at this Guideline, and search either for more favourable terms or an alternative funding mechanism.
Comment by Bruce: Look at the Greenslopes example at the top of this page. At first glance the words don’t seem to ‘say’ anything one way or the other about a conditional grant or loan. However, deeper consideration of the words “emotionally safe, fun…” might give some people a reason to consider the concept a second time. Please note: This is an example of how the process works for different people. Don’t interpret the example as a value judgement by me. The truth is that the decision-makers in every economic whole creates their own words, and decision by decision they will interpret them as they choose.
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