#17 FEPS Talks: How to finance a Green New Deal
Feb 06, 2020•29 min•Transcript available on Metacast Episode description
British Economist Ann Pettifor highlights in this episode of FEPS Talks the importance of a Just Transition. The author of “The case for the Green New Deal’ analyses the role of the states when financing the European Green Deal and explains how the transformation has to be translated into quality jobs. Investment and funds mobilisation are needed to build alternative infrastructures. The transformation should crate new employment that generates incomes and bring tax revenues. She highlights the age aspect: young people are ready to start a new and more sustainable way of life, however power is still in the hands of older generations. Andor and Pettifor also talk about the EU Green Deal proposed by the European Commission: is Europe leading in creating a sustainable economy and how this global role can be retained?
