We asked individuals from environmental and social justice groups, politics, academia, businesses, and young people to tell us what they think the Green New Deal might mean for the UK. This is the fourth in a series of blogs in which we feature their responses. Read more
Tag Archives: economics
The first in a short series of blogs where we ask individuals from environmental and social justice groups, politics, academia, businesses and young people to tell us what they think the Green New Deal might mean for the UK.
As scientific consensus on climate change repeatedly points to evidence that global warming is caused by human activity, an appeal to use policy to address these activities has boosted momentum. The Green New Deal (GND) in the US situates climate change as a major national emergency and integrates economic opportunities to uplift communities and combat man-made global warming. Read more
UK productivity hasn’t grown for nine years. Investment in digitalisation, also known as the fourth industrial revolution, is one way to kickstart the economy and end economic stagnation. Read more
The fifth in our series of seminars with economic experts took place on 11 March with a discussion on fiscal austerity with Jonathan Portes, director of the National Institute of Economic and Social Research (NIESR). Below is a brief overview of our discussion, with short audio clips. Read more
The fourth in our series of seminars with economic experts took place on 4 March. It was a discussion on the lessons from the financial crisis with Lucrezia Reichlin (professor of economics and chair of the economics department at the London Business School). Below is a brief overview of our stimulating discussion, with short audio clips. Read more
In our discussion I took the role of a sceptic, looking at critiques of the notion of green growth from different perspectives, ie environmental: challenging the need for growth; and economic: whether greening policies will actually stymie growth. In response Dimitri took the role of a proponent, making the positive case for how we can grow our economy and be green at the same time, so that green growth need not be an oxymoron. (1.55 mins) Read more
The notion of ‘natural capital’ is gaining traction among economists and policy makers. To discuss this I was joined by Dieter Helm at the third in our series of economic seminars. Dieter is both an academic and a practitioner, with a substantial record of applied economic policy analysis in fields such as energy and the environment. He also chairs the Natural Capital Committee (although he spoke in a personal capacity and not on behalf of the committee).
Many of us believe that the development of a vibrant green economy is vital to Britain’s economic as well as environmental future. But how should we best foster the green economy and is there a role for government intervention? Should the state try to actively stimulate green innovation and industrial development? Or should the ‘bumbling bureaucrats’ simply get out of the way and leave it to the dynamic venture capitalists and entrepreneurs? Read more