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How can we fund a Green New Deal?
Graham Watson
28th November 2019
This New Economic Foundation clip looks at the prospects for a Green New Deal, starting from the premise that if we can bail out the financial sector, then why can't we save the planet?
It identifies five ways to pay for a Green New Deal: borrowing, the multiplier effects of green investment paying for themselves, increased taxes on wealth and carbon, subsidies, via the Bank of England and the commercial banks.
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