The Green New Deal: reconciling the dilemma across the political spectrum

Posted on

From today's Guardian editorial:

Voters are left with a choice, then, between Mr Brown's shopping list of jobs for today, and Mr Cameron's wishlist for a green tomorrow. Which sums up the tension in any green job-creation programme: is it about environmental sustainability (a long-haul game and about as structural as one gets), or about providing a cushion in a recession (usually a short-term, cyclical, fix)? The Green New Deal group (which includes this paper's economics editor, Larry Elliott) has done some excellent thinking on how to reconcile the two, but in mainstream politics only the Liberal Democrats have come up with a plausible sounding plan for a green recession and a sustainable recovery.