Authors: Gustav Peebles with Benjamin Luzzatto
Publication Date: June 17, 2025
Length: 264 pages
Genre: Nonfiction, Business, Science & Technology, Environmental Policy

The First and Last Bank: Climate Change, Currency, and a New Carbon Commons presents a groundbreaking proposal for confronting climate change by reimagining the very nature of money. Gustav Peebles and Benjamin Luzzatto argue that currency can be transformed from a tool of endless economic growth into a collective instrument for environmental stewardship—specifically, by creating a new, nonproprietary currency backed by sequestered atmospheric carbon.