The Green New Deal
The global economy faces multiple, linked crises. It is a combination of accelerating climate breakdown driven by fossil fuel use, corrosive inequality, and debt-fuelled over-consumption by a global minority pushing us beyond planetary ecological boundaries. These overlapping factors threaten to develop into a perfect storm making social collapse highly likely. To help prevent this from happening, and to lay the foundations of the economic systems of the future, we need a Green New Deal.
There is still time. Act now and a positive course of action based on the framework set out in the Green New Deal can pull the world back from economic and environmental meltdown.
About the group
Meeting since early 2007, the membership of the Green New Deal Group is drawn to reflect a wide range of expertise relating to the financial, energy and environmental crises. The views and recommendations of the Green New Deal report, first published in July 2008 and in successive elaborations, are those of the group writing in their individual capacities.
The Green New Deal Group is, in alphabetical order:
Larry Elliott, Economics Editor of the Guardian, Colin Hines, Co-Director of Finance for the Future, former head of Greenpeace International’s Economics Unit, Jeremy Leggett, founder of Solarcentury and SolarAid, Caroline Lucas, Green Party MP, Richard Murphy, Professor of Practice, City University, Director Tax Research LLP, Ann Pettifor, Director, Policy Research in Macroeconomics (PRIME), Charles Secrett, Advisor on Sustainable Development, former Director of Friends of the Earth, Andrew Simms, Co-Director, New Weather Institute; Coordinator, The Rapid Transition Alliance, Assistant Director, Scientists for Global Responsibility. Geoff Tily Senior Economist, TUC.
This letter was in The Guardian on 24 April 2019: Greta Thunberg hits the nail on the head in calling for more support from the older generation and for the unions to get more active in tackling climate change (Activist lends support to general strike for the climate,...
The setback to the immediate plans of those seeking the UK’s exit from the European Union provides a window of opportunity to go on the offensive for an anti-populist, continent-wide alternative.
In 2007, Larry Elliott met a friend to discuss the financial crisis. Over the course of the evening, and several drinks, they cooked up the Green New Deal – a plan to deal with the effects of the economic crisis and the threat of climate change. They formed the Green New Deal Group and, though Gordon Brown and Barack Obama briefly flirted with the idea, it did not progress much further.
The Green New Deal Group’s first report, A Green New Deal, was published on behalf of the Green New Deal Group by nef (the new economics foundation).