Green economy recovery packages for the coronavirus crisis will repair the global economy and put the world on track to tackle climate breakdown, but time is running out to implement the changes needed, new analysis has shown.
Projects which cut greenhouse gas emissions as well as stimulating economic growth deliver higher returns on government spending, in the short term and in the longer term, than conventional stimulus spending, the study from Oxford University found.
Many of the projects that could create new jobs in the UK are “shovel-ready”, compliant with social distancing requirements and could be started quickly, said Cameron Hepburn, director of the Smith School of enterprise and the environment at Oxford University and lead author of the study.
What was that old saying?
First, they ignore you.
Then they laugh at you.
Then they fight you.
And then Oxford University says you were right all along?
I think that's how it went.
But joking apart, of course the report is right: we just need to do it.