Comments on: A Green New Deal http://www.taxresearch.org.uk/Blog/2008/07/21/a-green-new-deal/ Richard Murphy on tax and corporate accountability Fri, 09 Jan 2009 05:37:31 +0000 http://wordpress.org/?v=2.6 By: David Thorpe http://www.taxresearch.org.uk/Blog/2008/07/21/a-green-new-deal/#comment-475279 David Thorpe Thu, 07 Aug 2008 16:22:46 +0000 http://www.taxresearch.org.uk/Blog/2008/07/21/a-green-new-deal/#comment-475279 This is unfeasible, politically, and unworkable, socially, however 'rational' it sounds. A better solution is to support Irish-style 'Cap and Share' and global carbon convergence, since by letting the rich, carbon profligate people buy carbon credits from the poor of the world this also has the effect of spreading wealth equally over time, providing that countries would distribute the transferred wealth properly, by building schools, hospitals, infrastructure, water supplies, etc, whgere there currently are none. Ireland is hopefully about to trial this system. If it works, Europe should follow and urge the whole world to participate. This is unfeasible, politically, and unworkable, socially, however ‘rational’ it sounds. A better solution is to support Irish-style ‘Cap and Share’ and global carbon convergence, since by letting the rich, carbon profligate people buy carbon credits from the poor of the world this also has the effect of spreading wealth equally over time, providing that countries would distribute the transferred wealth properly, by building schools, hospitals, infrastructure, water supplies, etc, whgere there currently are none. Ireland is hopefully about to trial this system. If it works, Europe should follow and urge the whole world to participate.

]]> By: ale bro http://www.taxresearch.org.uk/Blog/2008/07/21/a-green-new-deal/#comment-468740 ale bro Thu, 24 Jul 2008 15:39:54 +0000 http://www.taxresearch.org.uk/Blog/2008/07/21/a-green-new-deal/#comment-468740 does the green alliance support the use of nuclear power as a fuel with low CO2 emissions? does the green alliance support the use of nuclear power as a fuel with low CO2 emissions?

]]> By: Claire http://www.taxresearch.org.uk/Blog/2008/07/21/a-green-new-deal/#comment-468304 Claire Wed, 23 Jul 2008 20:48:59 +0000 http://www.taxresearch.org.uk/Blog/2008/07/21/a-green-new-deal/#comment-468304 I agree to Chris. Interesting article. Thanks for posting. I agree to Chris.
Interesting article.
Thanks for posting.

]]> By: Tax Research UK / UBS knew it was acting illegally http://www.taxresearch.org.uk/Blog/2008/07/21/a-green-new-deal/#comment-468037 Tax Research UK / UBS knew it was acting illegally Wed, 23 Jul 2008 07:36:54 +0000 http://www.taxresearch.org.uk/Blog/2008/07/21/a-green-new-deal/#comment-468037 [...] of the nations of the world to collect the tax due to them. It’s one of the reasons why the Green New Deal asks for fundamental reform of [...] [...] of the nations of the world to collect the tax due to them. It’s one of the reasons why the Green New Deal asks for fundamental reform of [...]

]]> By: Chris Cook http://www.taxresearch.org.uk/Blog/2008/07/21/a-green-new-deal/#comment-467693 Chris Cook Tue, 22 Jul 2008 09:47:08 +0000 http://www.taxresearch.org.uk/Blog/2008/07/21/a-green-new-deal/#comment-467693 While I applaud this initiative, it leaves in place the root cause of the problem, to wit, the deficit basis of the financial system. In a "Peer to Peer" world there is no need for intermediaries generally and credit intermediaries in particular. Moreover, it is now possible to create alternatives to the current "Twin Peaks" of Debt and "Equity" in a Corporation by "unitising" and land rental value in simple - and I believe - optimal ways, using new legal tools. There is no such thing as a "Public Sector Borrowing Requirement" in respect of productive assets, when these assets can be financed without either privatising them or borrowing. A Green New Deal is certainly necessary, but it can only come about in a networked and organic way, from the ground up. That "emergent" process has already started. While I applaud this initiative, it leaves in place the root cause of the problem, to wit, the deficit basis of the financial system.

In a “Peer to Peer” world there is no need for intermediaries generally and credit intermediaries in particular.

Moreover, it is now possible to create alternatives to the current “Twin Peaks” of Debt and “Equity” in a Corporation by “unitising” and land rental value in simple - and I believe - optimal ways, using new legal tools.

There is no such thing as a “Public Sector Borrowing Requirement” in respect of productive assets, when these assets can be financed without either privatising them or borrowing.

A Green New Deal is certainly necessary, but it can only come about in a networked and organic way, from the ground up.

That “emergent” process has already started.

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