The Green New Deal: economic analysis and practical policy

Jonathan M. Harris

Chapter 8 in Post Keynesian Economics, 2024, pp 130-144 from Edward Elgar Publishing

Abstract: The concept of a “Green New Deal” (GND) has significant foundations in ecological and Post Keynesian theory. This approach delinks traditional economic growth, based on fossil energy and resource input-intensive techniques, from employment creation and expanded well-being. Significant aspects of the GND have recently been adopted in the U.S. and Europe. A major goal of GND policies is a low- or net zero-carbon economy, including transformation of energy systems, industry, transportation, and construction, as well as appropriate management of forests, wetlands, and soils. A major focus is infrastructure investment in energy transmission, transportation, water, sewage, and waste management. GND policies have already begun to yield benefits in terms of job growth, real disposable income, inflation reduction, targeted sectoral energy costs, and greenhouse gas emissions reduction. GND policies also promote adaptation to ecological limits to growth, including energy use, water, land, forests, fisheries, and other ecosystems.

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.elgaronline.com/doi/10.4337/9781803922232.00012 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 503 Service Temporarily Unavailable

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:21513_8

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla ().