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Green New Deal

‘100 months to save the planet’

A new report entitled the Green New Deal was published yesterday by the green new deal group whose members include former Friends of the Earth UK director Tony Juniper, Green MEP Caroline Lucas and Andrew Simms, policy director of the New Economics Foundation (nef).

According to the Green New Deal Group, humanity only has 100 months to prevent dangerous global warming. They said:

“The global economy is facing a ‘triple crunch’. It is a combination of a credit-fuelled financial crisis, accelerating climate change and soaring energy prices underpinned by an encroaching 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 we are proposing a Green New Deal”.

The key recommendations of the report are:

  • massive investment in renewable energy and wider transformation in the UK
  • the creation of thousands of new “green collar” jobs
  • making low-cost capital available to fund the UK’s green economic shift
  • building a new alliance between environmentalists, industry, agriculture and union.

The authors said the idea was inspired by President Roosevelt’s 1933 New Deal.

During 100 days, he sent a record number of bills to Congress, all of which went on to become law, including banking reforms and emergency relief programmes.

The BBC News report of this launch can be found here.

The report can be downloaded from the NEF website here, or from this site Green New Deal.

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