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How can we fund a Green New Deal?

Graham Watson

28th November 2019

This New Economic Foundation clip looks at the prospects for a Green New Deal, starting from the premise that if we can bail out the financial sector, then why can't we save the planet?

It identifies five ways to pay for a Green New Deal: borrowing, the multiplier effects of green investment paying for themselves, increased taxes on wealth and carbon, subsidies, via the Bank of England and the commercial banks.

How can we fund a Green New Deal?

Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.


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