
"Executive Penny"
Let's assess the potential value of the
"Executive Penny"
Assuming a UK population of approximately 67 million citizens, the weekly contribution would be:
67,000,000 citizens x £0.01 p/wk. = £670,000 per week
Over 52 weeks, the total Executive Penny" value would be:
£670,000 per week x 52 weeks = £34,840,000
This is a significant award, providing a substantial incentive for British citizens to develop innovative solutions like extracting pure hydrogen from seawater for carbon-free energy.
*Additional Incentive: Commission Price per kWh*
After the initial 52-week period, the winner would also receive a commission price per kWh, providing ongoing revenue based on the actual energy produced. This would further incentivise the development and deployment of this technology.
The ‘Executive Penny’ award (as copyright fee), combined with the commission price per kWh, could be a powerful motivator for innovation and entrepreneurship in the UK's clean energy sector.
*Policy:*"Executive Penny" Challenge*
*Objective*:
To incentivise British Innovation from citizens to develop innovative solutions to pressing national challenges, such as carbon-free energy and medical breakthroughs.
*"Executive Penny" Challenge Structure*
1. *Challenge Announcement*
The government announces specific challenges, such as:
- Extracting pure hydrogen from seawater for carbon-free energy.
- Developing a cure for Alzheimer's disease.
2. *Eligibility*
British Citizens Only due to we being in Britain and it is for the benefit of the British (initially) or teams of British can participate in the challenge to drive British Innovation & Evolution
3. *Award*
The winner(s) of each challenge receives the "Executive Penny" for 52 weeks.
4. *Executive Penny Calculation*
- Weekly contribution: 1 penny per citizen (67 million citizens) = £670,000 per week.
- Total award value for 52 weeks: £670,000 per week x 52 weeks = £34,840,000.
5. *Team Awards*
If a team wins the challenge, the Executive Penny award will be shared among team members according to their agreement.