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RSS The Green New Deal in the news

house The global economy is facing a ‘triple crunch’. It is a combination of a credit-fuelled financial crisis, accelerating climate change and the looming peak in oil production. These three overlapping events threaten to develop into a perfect storm, the like of which has not been seen since the Great Depression. To help prevent this from happening, and to lay the foundations of the economic systems of the future, we need a Green New Deal.

There is still time. Act now and a positive course of action based on the framwork set out in A Green New Deal can pull the world back from economic and environmental meltdown.

Let’s talk about what kind of QE can actually turn the economy round

This letter was published in the Financial Times today:
Sir, You are correct to say (“No need for hostilities in the phoney currency war”, editorial, January 24) that the eurozone’s problem is weak domestic demand, but wrong to claim that the usual form of QE could solve this. The experience of the UK’s £375bn programme was [...]

Obama’s example for the UK

This is from the Guardian today:
Larry Elliott is right to be sceptical about whether the trillion-euro dose of QE will solve Europe’s economic problems (Report, 21 January). Like its £375bn UK predecessor, it will buy government bonds from banks and, as happened here, that money won’t generate economic activity in the real economy, but instead [...]

Money no obstacle for Europe: Green QE and fair tax funded infrastructure can replace austerity’s ‘road to ruin’

The Green New Deal Group launched a new report today on the need for Green Infrastructure Quantitative Easing and the collection of money owed by tax cheats as the way forward for Europe, not a form of QE that is already causing economic nightmares and damage in the impact it has already had on Switzerland.  In a [...]

Money no obstacle for Europe: Green QE and fair tax funded infrastructure can replace austerity’s ‘road to ruin’

The Green New Deal Group launched a new report today on the need for Green Infrastructure Quantitative Easing and the collection of money owed by tax cheats as the way forward for Europe, not a form of QE that is already causing economic nightmares and damage in the impact it has already had on Switzerland. I am [...]

The Chancellor’s give-away

This letter was published in the Guardian today:
Instead of the eye-wateringly cruel cuts in public services inherent in the chancellor’s obsession with rapid deficit reduction, the pre-election debate should radically change direction to one that has at its heart a Plan QE. This time, instead of giving £375bn to the banks to waste, e-print £70bn [...]

The urgent need for green quantitative easing

The following press release has been issued by Caroline Lucas MP and the Green New Deal group this morning. There are more details on green quantitative easing  here:
When George Osborne stands up this Wednesday to deliver his Autumn Statement he will find himself between a rock and a hard place of his own making. The rock [...]

The urgent need for green quantitative easing

The following press release has been issued by Caroline Lucas MP and the Green New Deal group this morning. There are more details on green quantitative easing  here:
When George Osborne stands up this Wednesday to deliver his Autumn Statement he will find himself between a rock and a hard place of his own making. The rock [...]

A green infrastructure initiative for jobs

The letter was in the Guardian this morning:

Simon Jenkins is right to call for quantitative easing to be used to boost economic activity (We should cash-bomb the people, not the banks, 27 November), but wrong to suggest it should be spread to everyone indiscriminately. What is instead required is a well targeted “green infrastructure QE” [...]

If Miliband is serious about climate change QE is the answer

This letter was in the Guardian today:
It was heartening to hear Ed Miliband say in his speech that tackling climate change is a passion of his and that solving it could be a massive job-generating opportunity (Report, 24 September). The inevitable question of how to pay for this can be tackled by writing to Mark [...]

People’s QE is preferable to helicopter money

This letter was in the Guardian today:
A new form of quantitative easing to fund green activity would strengthen the economy not only of the UK but also of the rest of Europe, were it to be introduced continent-wide. This approach would be preferable to the proposed “helicopter money” solution (Report, 25 August), whereby newly printed [...]