A Green New Deal


"A Green New Deal" was a report released in the United Kingdom on 21 July 2008 by the Green New Deal Group and published by the New Economics Foundation, which outlines a series of policy proposals to tackle global warming, the current financial crisis, and peak oil. The report calls for the re-regulation of finance and taxation, and major government investment in renewable energy sources. Its full title is: A Green New Deal: Joined-up policies to solve the triple crunch of the credit crisis, climate change and high oil prices.

Recommendations

Although the politicians have used the term Green New Deal, it remains largely unimplemented in the form that it was originally proposed. Larry Elliott, the Guardian newspaper's economics editor and one of the originators of the idea, wrote in 2020 that perhaps the policy might be first trialled "in one of the UK’s big cities – Manchester or Glasgow, say – to see whether a GND creates jobs, cuts emissions and generates a new wave of profitable environmental innovation".

Authors

The authors of A Green New Deal are: