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 […]

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 […]

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 […]

Green New Deal, piloted in Birmingham, now advocated Europe-wide

Posted Posted in Employment, Energy, Environment, EU, Green New Deal, Local economies, Local government, Low carbon, Manufacturing, Regional economies, Renewable energy

The Green New Deal Group inspired Jon Morris of Localise West Midlands, a thinktank promoting local supply chains for sustainability, and Matthew Rhodes [far right] of low-carbon solutions engineering firm Encraft to present the award-winning business plan, developed and championed by Keith Budden [left] of the Birmingham Environment Partnership. This was the foundation for the City Council’s Birmingham Energy Savers […]