This is the name of a charity based in Bristol, the brainchild of John Pontin. He was at the UoG talking about it yesterday. I felt privileged to be able to go along.
TCW aims to generate equality through self-sufficiency; to reduce emissions, and to supply sustainable energy solutions in order to create long-term funding streams, to continue to finance the achievement of the main aim. Ambitious? Yes!
But it's an attractive and eminently practical idea. John has primed the pump via a family trust, which put up £1.4m for a wind turbine, on stream in Tamil Nadu, South India. Another wind turbine, erected with borrowed money, secured on the first, is also up and running there. Four more turbines are planned for 2010.
The revenue from these turbines goes, as to three-quarters for future wind turbine investment, and as to the other 25% for social change and development: TCW is working with SCAD in Tamil Nadu on climate change adaptation.
A great idea: needs packaging in a way that everyone can see its merits. And (as its name implies) its concentration is of course on convergence, not the equally vital matter of contraction: very important not to lose sight of that.