Category: Economy and Business
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Why are climate and nature getting the short straw with government spending?
4. Government “borrowing” As an accountant I was reasonably cautious in advising clients over their finances, but was anything but cautious with my own. I spent several years accumulating maximum balances on credit cards and overdrafts only to resort to what were known as “consolidation loans” in which various banks would lend me the money…
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Why are climate and nature getting the short straw with government spending?
5. So what is Quantitative Easing (QE)? Before describing the process, whilst MMT sees QE through a different lens, proponents of MMT are not generally in favour of it. As mentioned above, before 1971, the quantity of pounds the government could put into circulation was limited. This was because, following the Second World War, sterling,…
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Why are climate and nature getting the short straw with government spending?
6. Further reading Banks really are magic money trees – an article by Positive Money TED talk by Stephanie Kelton – on deficits not being a problem under MMT Power of the Pound – a video explaining the concept of MMT for the UK Government debt and Covid 19 – an article by Positive Money…
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An economy for climate & nature
More often than not, when discussing what needs to be done about the climate-nature emergency, thoughts turn to practical issues around reducing greenhouse gas emissions and other impacts we have on the natural world. If we are lucky, and we don’t get distracted by promises of future technical solutions to solve the problems, maintaining business…
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Government releases its Hydrogen Strategy
Number 2 of the Government’s 10 Point Plan: “Working with industry aiming to generate 5GW of low carbon hydrogen production capacity by 2030 for industry, transport, power and homes, and aiming to develop the first town heated entirely by hydrogen by the end of the decade” On 17 August 2021 the department for Business, Energy…
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Six Months to COP26
In the lead up to COP26 debates are intensifying over some key issues, some of which have rumbled on for over a decade, passing through and beyond COP21 in Paris more than five years ago. Explored in part in our website post Know your Net Zero from your NETs and BECCS, there is growing tension…