Change That Too
The global economy is facing a ‘triple crunch’: a combination of a credit-fuelled financial crisis, accelerating climate change and soaring energy prices underpinned by encroaching peak oil. It is increasingly clear that these three overlapping events threaten to develop into a perfect storm, the like of which has not been seen since the Great Depression, with potentially devastating consequences.
As in past times of crises, disparate groups have come together to propose a new solution to an epochal challenge. The Green New Deal Group, drawing inspiration from the tone of President Roosevelt’s comprehensive response to the Great Depression, propose a modernised version, a ‘Green New Deal’ designed to power a renewables revolution, create thousands of green-collar jobs and rein in the distorting power of the finance sector while making more low-cost capital available for pressing priorities.
Seventy-five years ago, Roosevelt’s courageous programme was implemented in an unprecedented ‘100-days of lawmaking’. And, as the Green New Deal Group launch their proposals, new analysis suggests that from the end of July 2008 there is only 100 months, or less, to stabilise concentrations of greenhouse gases in the atmosphere before we hit a potential point of no return.
This is the moment when the likelihood of irreversible changes in the climate becomes unacceptably high.
The most serious global crisis since the Great Depression calls for serious reform the like of which has not, yet, been considered by politicians. This entails re-regulating finance and taxation plus a huge transformational programme aimed at substantially reducing the use of fossil fuels and, in the process, tackling the unemployment and decline in demand caused by the credit crunch.
It involves policies and new funding mechanisms that will reduce emissions and allow us to cope better with the coming energy shortages caused by peak oil."
This Green New Deal calls for:
Massive investment in renewable energy and wider environmental transformation,
The creation of thousands of new green collar jobs,
and making low-cost capital available to fund the green economic shift.
It also includes breaking up the banks and a windfall tax on the profits of oil and gas companies to create an oil legacy fund.
Until just a few days ago, we weren't thinking like that in this country. But it's certainly encouraging to know that the vision and courage that led this country and the world in the last century still survives in namesake for what we need to do in this new century.
If we are to survive and ultimately prosper in the landscape that lays before us, we truly must change-not just away from carbon, but away from the abuses of plutocracy, and the worship of superior organized violence.
And the ones who lead us, perhaps like Roosevelt,
might someday find their images on our money,
and on our monuments.
On second thought,
Maybe we can change that too.
Earthfamilyalpha Content IV
Earthfamilyalpha Content III
Earthfamilyalpha Content II
Labels: political philosophy