Thursday, November 06, 2008

The Green New Deal: Fired Up! Ready to Go!

Ceres President Mindy Lubber lays out a plan.
- Reform the capital markets to require honest accounting of financial risks that companies and investors face from climate change and other sustainability threats.

- Stimulate the economy through investments in clean energy technology, energy efficiency, green-collar jobs and training.

- Pass legislation to reduce greenhouse gas emissions by 25 percent below 1990 by 2020 and 80 percent by 2050.

- End tax incentives and subsidies for high carbon-emitting technologies and projects and enact mandates that 20 percent of the nation’s electricity come from renewable power by 2020 and at least 30 percent by 2030.

- Promote energy efficiency policies, including stronger building codes, appliance standards, tax incentives and energy efficiency resource standards, to achieve at least a doubling in efficiency.

- Instruct the Securities and Exchange Commission to address environmental, social and governance issues, including climate change, as part of corporate disclosure by all publicly-traded companies.

Van Jones argues that everyone in society must be included in building the green economy here.

The UN Environment Programme argues the Green New Deal should be global in scope.

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