The Green New Deal group has launched a national plan to scrap the UK’s ‘broken’ financial system and austerity policies, and take the country to the age of the ‘Green New Deal’.
The group has said that the British economy should be revolutionised “to meet environmental and social challenges”. It believes that it is necessary to end zero-hour contracts, hidden bank subsidies, private finance initiative (PFI), tackle tax avoidance and evasion, block the HS2 rail line and end the so-called ‘dash for gas’.
Ann Pettifor, a member of the group, said, “It is crucial that government replaces destructive austerity policies that have created a low-investment, low-wage, heavily indebted, unbalanced ‘Alice in Wongaland economy’ with massive investment in a Green New Deal.
“This could be financed, in part, by a form of ‘Green QE’: with government co-operating with the Bank of England via its money market operations, to create financial products at very low rates of interest to fund green infrastructure investment. This investment would, thanks to the multiplier, pay for itself.”
The group calls for an initial investment of £50 billion to promote energy efficiency measures in every home, boost clean energy projects and low-carbon transport. At the same time, the plan looks to keep under control banking practices and tax dodgers.
Caroline Lucas, MP and former leader of the Green party, also a member of the group said, “There is huge, and as yet untapped, potential in renewable energy, energy and resource-use efficiency and the transformation of our transport system that would create high-quality jobs across the country and reduce the UK’s overall ecological impact.”
Like our Facebook Page
How to Find an Eco-Friendly Termite Control Service Provider in Malaysia
Eco-Friendly Vegans Win Most Battles Not the War
3 Iconic Chicago Billboards Eco-Friendly Advertisers Can Learn from
EnviroSolar’s Abe Issa Discusses Success in Green Entrepreneurship
How Sports Could Be Impacted by Climate Change
What Eco-Friendly Patients Should Know about Online Therapy
6 Reasons Why Meal Delivery Services are Eco-Friendly
The Path for Retail’s Sustainable Future
4 Eco-Friendly Ways to Treat a Sinus Infection
4 Strategies for Eco-Friendly Real Estate Investors to Find Properties
How Managed Print Services Helps to Reduce Paper Waste
Why Scientists Are Concerned About ‘Forever Chemicals’ In Drinking Water
Meat Farming Is Only Getting Smarter, Easier & Eco-Friendlier
What is Eco-Friendly Homesteading and How Does it Affect Your Insurance?
Importance of Using a Water Purifier in an Area with High Pollution
Alternative Financing Ideas for Green Businesses that Shun Banks
Tencel Material Demand Shows Britain Is More Eco-Friendlier Than Ireland
How To Invest in Clean Energy Stocks in Only Five Easy Steps!
How To Secure Funding As An Eco-Entrepreneur?
4 Amazing Eco-Friendly Businesses Worth Starting in 2021
- Features8 months ago
Seven Health and Safety Tips for Eco-Friendly Products in a Green Home
- Energy9 months ago
Eco-Friendly Homeowners Lower Carbon Footprints through Greater Air Conditioner Efficiency
- Features8 months ago
Essential Guidelines for Eco-friendly Moving into new Home
- Invest10 months ago
The Eco-Friendly Evolution of Bitcoin Over the Years