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 […]

Turn the economy round: release funding for real projects

Posted Posted in Bank of England, Banks, Economics, Economy, Employment, Finance, Government, Low carbon, Manufacturing, Planning, Politics, Renewable energy, Transition

. Richard Murphy for Tax Research UK advocates positive action by government . Points made in January are just as relevant today 30% of all government debt is owned by the Bank of England – which is government owned – so debt is not as high as the Tories claim and the need for debt reduction not as pressing as […]