Indeed, infrastructure spending as usual - e.g. This danger comes from explicit proposals to bail out the fossil fuel sector and roll back workers’ rights, and also from generic general stimulus policies that do not take climate into account. The United States confronts the danger of an economic stimulus that restores - or even deepens - our reliance on fossil fuels. ![]() The question isn’t whether we will next need a major economic recovery stimulus, but what kind of stimulus should we pursue? In response we, climate and social policy experts in academia and civil society, have developed a menu of solutions that would collectively comprise a Green Stimulus. ![]() Many other groups are focused on the emergency stimulus package to stabilize our economy, on preventing harm in an equitable way - which we fully support - so this letter focuses on the longer-term challenge of jumpstarting economic recovery and transitioning to a more sustainable economy. We must also begin planning our economic recovery in a way that protects us from the impact of climate change and lifts up workers and frontline communities. We need immediate and sustained intervention to protect people’s health and economic well-being, with a special focus on the most vulnerable. Unemployment is rising at the fastest rate since the 2008 crash, and could eventually reach 20% - twice as high as the Great Recession. ![]() If you agree with us, please click here to sign onto our letter.Īs a nation we face three converging crises: the COVID19 pandemic and the resulting economic recession the climate emergency and extreme inequality.
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