Green New Deal - Ann Pettifor

Radically transforming the EU economy – and how to finance it

September 4, 2020 / Capital Flows, Climate Change, ECB, Euro, Euroland, Europe, Green New Deal

September 4, 2020 The following article appeared on Progressive Post, the website of the Foundation of Progressive European Studies (FEPS) The Covid-19 pandemic has revealed a simple truth: today’s model of globalised, financialised capitalism, teetering on a shaky foundation of vast debts and costly credit, cannot deliver human well-being. In order to reverse the course, …

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Green Shoots: the best books to inspire hope for the planet

July 18, 2020 / Book Reviews, Ecosystem, Environment, Green New Deal

This review of books to inspire a green transformation appeared in The Guardian on 18 July, 2020. Everyday life has been upended by the pandemic, but the Arctic heatwave is a reminder that the climate crisis still poses an urgent threat to humanity. We will need resolve, ambition and optimism as we emerge from lockdown, …

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Here’s a three-step plan to take back control

April 17, 2020 / Anglo-American Financial Crisis, Central Banks, Globalisation, Green New Deal, International Financial Architecture, International Financial System, Public Finance

This essay appeared in The Correspondent on 17th April, 2020. The health of our domestic economies and the planet is tied to market forces that are largely invisible and little understood. As Covid-19 shakes the foundations of the world economy, rather than hope to restore it, let’s work to replace it. I was born and …

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Investing in the Future: Why Europe Needs a Green New Deal

January 16, 2020 / Euroland, Europe, Green New Deal, Uncategorized

This interview appeared in the Green European Journal in January, 2020.In early 2019, New York Representative Alexandria Ocasio-Cortez released her plan for a Green New Deal, skyrocketing the proposal for rapidly and fairly decarbonising the economy into the public conversation. The Green New Deal draws on a long history across the Atlantic. We asked Ann …

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The Green New Deal – Chatham House interview

October 4, 2019 / Credit, Credit Creation, Ecosystem, Green New Deal

What is at the core of the Green New Deal? What is it trying to do? The Green New Deal as developed in Britain in 2008 is based on the understanding that finance, the economy and the ecosystem are all tightly bound together. Protecting and restoring the ecosystem to a balanced state cannot be …

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How the Green New Deal was born by Hettie O’Brien, New Statesman

September 25, 2019 / Biz and corporations, Green New Deal

The following article appeared in the New Statesman on 24th September, 2019. Please note the error at the end of the piece: Since the Paris Climate Agreement three years ago, J.P. Morgan Chase have reportedly lent $196 billion, not $1.96 billion to fossil fuel industries, oil, coal and gas. The figure is drawn from the …

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Interview at The World Transformed, Brighton, 21st September, 2019

September 21, 2019 / Green New Deal, Public Finance, Public Spending, Uncategorized

Open Democracy’s ‘OurEconomy’ took part in this year’s edition of The World Transformed, a political and cultural festival with over 6000 attendees running alongside the UK Labour Party conference that aims to build progressive power. We took the opportunity to catch up with some of the figures leading the movement for a new economy, …

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Visions for a zero carbon economy from two generations of climate activists

September 20, 2019 / Green New Deal, Uncategorized

The climate crisis has been forced back on to the front pages by Greta Thunberg and the climate school strikers. In the upcoming first issue of the New Economics Zine, Jamie Margolin, a teenage climate activist, and Ann Pettifor, a seasoned economist and member of the original Green New Deal group, share their motivations …

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The Green New Bill – making it happen

September 20, 2019 / Globalisation, Green New Deal, Public Finance, Public Spending

The director of PRIME is a co-author of this new report by the Green New Deal group UK, published on the day a wave of schoolstrikes swept the world – demanding action to reverse the potentially catastrophic impacts of earth systems collapse . It accompanies the publication of the Decarbonisation and Economic Strategy Bill, a …

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How to transform an economic system that has driven us to disaster.

September 20, 2019 / Green New Deal

This is an excerpt from a Green New Deal Report published today, 20th September, 2019 – the day children and their supporters around the world demanded urgent action on the climate emergency. The Green New Deal Report is co-authored by PRIME’s director, Ann Pettifor, and accompanies the publication of Bill tabled in parliament by Caroline …

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