POWER is a show and do project—tracking the real-time progress and pitfalls of building a solar POWER STATION across the rooftops of North East London via enacting a grassroots Green New Deal. It involves mass participation art, documentary film and cooperative energy as a diverse community come together to recognise our collective power and quite literally create it—moving from consumers to producers of energy. This is a public work of art involving practical thinking through making—collaborating with people and photons to explore and expand our relationships with each other and the sun we all live under.
In 2018 they opened a ‘rebel bank’ in a former high street bank and printed paper money. This was part of a Bank Job. Find out more here. In May 2022 the bank will be issuing a new form of currency—the Greenbacks.
The plan - to raise £100,000 by end of July 2022 and carry on to £1Million.
The original Greenbacks that became the dollar were a form of sovereign money creation.
POWER’s Greenbacks are a form of money creation and economic stimulus that will directly back a grassroots Green New Deal now as the proceeds of their exchange for sterling will be fed directly into POWER—shared 50/50 between building the (solar) POWER STATION as template and demand and building community wealth working with an ecosystem of organisations both doing this and fire fighting cuts and their consequences.
The greenbacks were printed in public in May 2022 in Walthamstow, NE London by a team of local people trained in the methods used and paid at London Living Wage. The printing processes used is a combination of offset litho, Riso, Silkscreen (UV ink) and hot foil blocking - amazing!
A wonderful project! ...and what about the paper?
These special banknotes are printed on our
PaperWise Natural 90gsm, which is manufactured from 100% agricultural waste and you can read about
HERE As you can see from the image below, PaperWise is a natural shade and is completely unbleached...
With thanks to
Hilary Powell for the images and the introduction to the project.
Posted by Justin Hobson 05.07.2022