Isn’t Ritchie wonderful?

Mark Carney did, in effect, call for a Green New Deal yesterday, suggesting that was the direction in which new investment that the economy needs if it is to recover should be headed.

I could quibble with some detail but agree with the broad thrust of his arguments.

Carney is here.

Ritchie calls for government to invent lots of money for government to spend on green things.

Carney calls for government to create markets in which private capital can spend lots of money on green things.

Anyone else spot the difference?

13 thoughts on “Isn’t Ritchie wonderful?”

  1. Carney calls for government to create markets in which private capital can spend lots of money on green things.

    So Murphy is not the only idiot, it seems.

  2. Mrs Carney is deep green, apparently. It’s time to repatriate them both, particularly given his biased role in the referendum campaign.

  3. Yes markets can spend money to create green things. Which the buying public then pays for at a premium.
    There is a market for that sort of stuff, whether its big enough to support a company without other lines subsidising that one (Ie other people who aren’t buying green)….

  4. I like the ‘British Racing Green’ that they use on some of the Jaguars and Bentleys.

    Is that what they are talking about?

  5. Carney’s a moron. If there are things to sell & buy there will be a market. Government can only prevent markets, not create them.

  6. Bloke in North Dorset

    @smfs,

    You have to do some original research, no matter how useless it may seem. From what I’ve seen Ritchie doesn’t do research, just opinion.

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