Rebuild the local economy: prioritise labour-intensive sectors, difficult to automate, impossible to relocate abroad

Posted Posted in Devolution, Economics, Economy, Employment, Finance, Green New Deal, Local economies, Low carbon, Manufacturing, Renewable energy, Transition

Colin Hines, co-founder of LWM and convenor of the UK Green New Deal Group, comments on the Guardian’s recent editorial on productivity and robots which ‘repeated the cliché that automation does cost jobs, but more are created’. He says that the problem with this is that the new jobs are frequently in different places from where they are lost and […]

Corbyn focusses on decentralisation: localising energy and transport

Posted Posted in Co-operatives, Democracy, Devolution, Economics, Economy, Employee ownership, Energy, Environment, Government, Green New Deal, Housing, Local economies, Local government, Localisation, Low carbon, Mutuals, People power, Planning, Politics, Transition, Transport, Urban

Jeremy Corbyn has launched an environmental manifesto that outlines plans for the UK to achieve 65% of energy from renewable sources by 2030 – without fracking. Corbyn proposes to put cities, councils, devolved governments and communities at the heart of an efficient, decentralised energy system by promoting a shift to electric and hydrogen buses and cars; a network of low-emission zones and […]

Quantitative easing to fund climate change programmes?

Posted Posted in Energy, Environment, EU, Finance, Government, Green New Deal, Low carbon, Planning, Politics, Transition

Colin Hines, co-founder of Localise West Midlands and Richard Murphy, Professor of Practice in International Political Economy, City University, London, warn that the Paris Climate talks are facing an enormous funding problem to which there is only one viable solution. In a new report published by Finance for the Future, entitled ‘Climate QE For Paree’, they suggest that the measures […]

Globalisation – the open trading system – is fragmenting

Posted Posted in Economics, Economy, Employment, Environment, Export-led growth, Finance, Globalisation, Green Deal, Green New Deal, Import substitution, Local economies, Localisation, Low carbon, Planning, Politics, Poverty, Procurement, Regional economies, Renewable energy, Sustainability, Trade, Transition

Philip Stephens, an associate editor, in the Financial Times: “Globalisation – the open trading system – is fragmenting; it needs an enforcer – a hegemon, a concert of powers or global governance arrangements”. Evidence: the collapse of the Doha, the demise of global free-trade agreements, and the emergence of regional coalitions and deals. The emerging economies are building south-south relationships […]

Should QE now be used for the common good – extending and adapting the work of Birmingham Energy Savers?

Posted Posted in Bank of England, Banks, City council, Devolution, Economy, Employment, Energy, Environment, Finance, Green New Deal, Import substitution, Local economies, Localisation, Low carbon, Manufacturing, Planning, Politics, Renewable energy, Transition, Transport

. Quantitative Easing currently benefits the non-bank financial sector, commercial banks and the Treasury Under QE, Hansard evidence informs us, the Bank of England’s Asset Purchase Facility purchase of just under £375bn of government bonds from the non-bank financial sector has led to a lowering of long term interest rates. The non-bank financial sector and commercial banks now hold more […]

If the solution is not a Green New Deal then what is it?

Posted Posted in Economy, Employment, Energy, Environment, Finance, Government, Green New Deal, Local government, Manufacturing, Planning, Procurement, Transition

  Colin Hines, co-founder of Localise West Midlands, sends news of a report advancing a much-needed debate about how to move the UK out of the counterproductive politics of austerity and into the age of the Green New Deal. He sees this as a matter of the utmost urgency and thinks that if it isn’t introduced rapidly, we are likely […]

“Humanity is conducting a huge, uncontrolled and almost certainly irreversible climate experiment with the only home it is likely to have”: Financial Times

Posted Posted in Economics, Environment, Green New Deal, Localisation, Planning, Politics, Transition

We summarise the thoughts of Martin Wolf, the FT’s chief economics commentator here, because Localise West Midlands’ aims and policies are designed with his ‘politically sellable vision of a prosperous low-carbon economy’ in mind. He wrote, yesterday: “Last week the concentration of carbon dioxide in the atmosphere was reported to have passed 400 parts per million for the first time […]

West Midlands MEP advocates the ‘Green Deal’ for social housing

Posted Posted in City council, Economy, Employment, Energy, Environment, EU, Finance, Green New Deal, Housing, Local economies, Local government, Low carbon, Planning, Politics

In a newsletter this week (not yet available on his website) Local Euro MP Phil Bennion expresses the hope that the government’s ‘Green Deal’ will be more widely extended to help people in rented social housing: “Millions of homes in the UK do not have full double-glazing. More than half do not have enough insulation or an efficient condensing boiler. […]

Compass calls for a National Plan: “The moment demands nothing less”.

Posted Posted in Economy, Employment, Energy, Environment, Finance, Green New Deal, Low carbon, Planning, Politics, Reports

. Compass, an ideas and action based pressure group, is discussing alternatives to the Government’s economic ‘Plan A’, which isn’t working, with over 50,000 members and supporters around the country. Its original Plan B, one page summary here, includes elements advocated in the last post by LWM’s co-founder Colin Hines: “infrastructure programmes, such as more housing, making every building energy […]

Face-to-face caring and infrastructural renewal will provide the backbone for a labour-intensive future

Posted Posted in Books and articles, Economics, Economy, Employment, EU, Export-led growth, Finance, Green New Deal, Housing, Import substitution, Local economies, Trade, Transition, Transport

A Guardian article by LWM’s co-founder and convenor of the Green New Deal Group, Colin Hines, is summarised here. The neoliberal export-led growth model, the increasingly discredited single currency and the utterly unchallenged single market are wrecking Europe which is facing a real nightmare: a shrinking full-time job market and hence lack of demand to keep the economy soldiering on. […]