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12 - Beyond a green economic recovery

Published online by Cambridge University Press:  05 June 2012

Edward B. Barbier
Affiliation:
University of Wyoming
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Summary

Most of this book has been concerned with articulating a vision for the present world economic recovery from the worst global recession since the Great Depression of the 1930s. The premise of this vision is that the right mix of policy actions can stimulate recovery and at the same time improve the sustainability of the world economy. If these actions are adopted, over the next few years they will create millions of jobs, improve the livelihoods of the world's poor and channel investments into dynamic economic sectors. Such a timely mix of policies can be referred to collectively as a Global Green New Deal.

The previous chapters have aimed to show how a GGND is critical to the lasting success of a world economic recovery. Reviving growth, ensuring financial stability and creating jobs should be essential objectives, but unless new policy initiatives also address other global challenges, such as reducing carbon dependency, protecting ecosystems and water resources and alleviating poverty, their impact on averting future crises will be short-lived. Without such progress, restarting the world economy today will do little to address the imminent threats posed by climate change, energy insecurity, growing freshwater scarcity, deteriorating ecosystems and, above all, worsening global poverty. Rather, it is necessary to reduce carbon dependency and ecological scarcity not just because of environmental concerns but because this is the correct and only way to revitalize the economy on a genuinely sustainable basis.

Type
Chapter
Information
A Global Green New Deal
Rethinking the Economic Recovery
, pp. 258 - 280
Publisher: Cambridge University Press
Print publication year: 2010

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References

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Cleetus, Rachel, Clemmer, Steven and Friedman, David. 2009. Climate 2030: A National Blueprint for a Clean Energy Economy. Cambridge, MA, UCSGoogle Scholar
Burger, Nicholas, Ecola, Lisa, Light, Thomas and Toman, Michael. 2009. Evaluating Options for US Greenhouse-gas Mitigation Using Multiple Criteria. Occasional paper. Santa Monica, CA, RAND CorporationGoogle Scholar
Resch, Gustav, Held, Anne, Faber, Thomas, Panzer, Christian, Toro, Felipe and Haas, Reinhard. 2008. “Potentials and prospects for renewable energies at global scale.” Energy Policy 36 (11): 4048–56CrossRefGoogle Scholar

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