Working with Colin Hines as Finance for the Future, I have published this report this morning: At the core of this report is a simple suggestion. That suggestion is that in order to restore the NHS to the relative state that it was in when Labour left office in 2010 would now require any government
Read the full article…
As the Guardian and thirty other newspapers around the world this morning argue in a joint editorial to mark COP27: Solving the crisis is the moonshot of our times. Getting to the moon succeeded within a decade because huge resources were devoted to it. A similar commitment is needed now. But an economic crisis has
Read the full article…
Colin Hines, has this letter in the FT today: Dear Sir, Your editorial (Ministers should be clear: there are limits to their largesse Sunday Times May 22nd) is guilty of the ‘lazy cry’ that no new money can be created. Overcoming the banking and covid crisis was predominantly paid for by the Bank of England’s quantitative
Read the full article…
Colin Hines, has this letter on the work we are doing in The Guardian this morning: Business Green’s editor, James Murray, is correct that to undermine the claims of the pro-fossil fuel Net Zero Scrutiny Group, it is vital to explain how the enormous upfront costs of the transition to net zero can be met,
Read the full article…
Reposted from the Tax Research UK blog run by Finance for the Future partner Richard Murphy: My old friend, Professor Prem Sikka, who is now a member of the House of Lords, spoke in a debate on quantitative easing in that place a few days ago. This is what he had to say: Much of the
Read the full article…
On Friday we learned that Finance for the Future LLP, which is the partnership between Colin Hines and me that began trading in 2007 has won by far its largest grant award to date. As we noted in July this year, the Polden-Puckham Charitable Foundation had then agreed to give Finance for the Future a grant of £20,000 a
Read the full article…
Reposted from the Tax Research UK blog run by Finance for the Future partner Richard Murphy: Colin Hines and I are in The Guardian this morning: Our letter says: Rebecca Solnit’s inspiring long read (Ten ways to confront the climate crisis without losing hope, 18 November) correctly emphasised the need to maintain hope when tackling the
Read the full article…
Reposted from the Tax Research UK blog run by Finance for the Future partner Richard Murphy: In Rishi Sunak’s speech to the Tory party conference last week the word ‘climate’ did not appear at all. Instead, the case that he made was for ‘hard choices and fiscal responsibility, harking back to the coalition government and the austerity
Read the full article…
Amongst the papers put out by the IMF in advance of this autumn’s general meeting was this one: It said: The world’s $50 trillion investment fund industry, especially funds with a sustainability focus, can play an important role financing the transition to a greener economy and helping to avoid some of the most perilous effects
Read the full article…
This headline was in the FT this week: They added: All those who now suggest that people would not want to save in the Green New Deal bonds that Colin Hines and I have promoted have this uncomfortable evidence that there is massive demand f0r green savings products to contend with.
