You just know that no good is going to come out of a report by this lot:
The Green New Deal Group, July 2008
Larry Elliott, Economics Editor of The Guardian
Colin Hines, Co-Director of Finance for the Future, former
head of Greenpeace International’s Economics Unit
Tony Juniper, former Director of Friends of the Earth
Jeremy Leggett, founder and Chairman of Solarcentury
Caroline Lucas, Green Party MEP
Richard Murphy, Co-Director of Finance for the Future and
Director, Tax Research LLP
Ann Pettifor, former head of the Jubilee 2000 debt relief
campaign, Campaign Director of Operation Noah
Charles Secrett, Advisor on Sustainable Development,
former Director of Friends of the Earth
Andrew Simms, Policy Director, nef (the new economics
I\’ll have a piece up in a day or two. But seriously, it doesn\’t look good so far.
Update. It really is a piece of work. Capital controls, credit controls, low interest rates so that green investments become profitable (!) and at one point they seem to think that LIBOR is set by the Association of British Bankers. Instead of reported by them.
Keep an eye on The Register.