Debtonation » Green New Deal

Green New Deal - ‘The Cuts won’t work’ report is published.

7th December, 2009

This is the press release from the new economics foundation:

“Two days ahead of the pre-budget report, and as the UN climate change talks open in Copenhagen – the second report from the authors of the original Green New Deal argues that the British Chancellor is likely to miss a historic opportunity to tackle public debt, create thousands of new green jobs and kick-start the transformation to a low-carbon economy.

The cuts won’t work, the Green New Deal Group’s second report shows how, contrary to the policy of all the major political parties, cutting public spending now will tip the nation into a deeper recession by increasing unemployment, reducing the tax received and limiting government funding available to kick-start the Green New Deal.

Instead a bold new programme of ‘green quantitative easing,’ rather than simply propping up failing banks, could help reduce the public debt and kick-start the transformation of the UK’s energy supply while creating thousands of new green-collar jobs.

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Times: Worst of slump yet to come, says economist

From The Times: September 1st

Phil Thornton’s Times interview with me on the economy today.

“The economy is no longer in freefall and, as a result, there’s an enormous amount of complacency from politicians, in particular, about what will happen next. I believe politicians have given away the opportunity to restructure the banks and reconfigure the system.”

Read the interview >

Bailed-out banks should fund the Green New Deal

From The Ecologist: August 17th

They emptied the public purse to fund their continuing largesse. Now it’s time for the banks to pay us back. At phenomenally good rates…

Read the Ecologist article >

Download the Green New Deal here >

Green New Deal in Guardian

Ann Pettifor: 6th January, 2009, 08.00AM

A thumbs-up for the great work we (me and my mates, Colin Hines, Andrew Simms, Richard Murphy etc. ) did on the Green New Deal in an editorial in today’s Guardian discussing green new jobs, plus how to reconcile environmental sustainability with providing a cushion in a recession.

Green New Deal in the news

15th December, 2008

Last week there were several media pieces that mentioned the Green New Deal, including The Times, The Observer, and The Independent on Sunday.

Also, UN Secretary General Ban Ki-moon has followed his colleagues at UNEP in calling for a Green New Deal.

You can also read nef’s Green New Deal Round-up here.

De-leveraging climate temp. & mortgage debt

11th October, 2008.

I have had an extraordinary day today, at an event in Bristol organised by the Schumacher Society. Fritz Schumacher - of Small is Beautiful fame - died in 1977, and the Society was formed just thirty years ago, in 1978. Today’s event was hosted by Diana Schumacher and Jonathon Porritt. I was honoured to share a platform with Bill McKibben the great leader of the Green movement in the United States, and brilliant strategist behind the 350 campaign.

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