Skip to content

Green Economy

Lebanon’s Economic Collapse

March 10, 2022 Yusra Bitar, Post Growth Institute. , , ,
A friend in Beirut asked me teasingly as we walked the darkened streets, “Are you happy now? You wanted degrowth and you’re getting it.” He was referencing the economic crisis and recession Lebanon is experiencing — although he knows very well the stark difference between this deep recession and degrowth. Recession happens when growth dependent economies stop growing, i.e., GDP goes into the negative. This typically ends up in the loss of jobs, economic uncertainty, and sometimes austerity measures with long-term impacts. Degrowth, on the other hand, is an intentional shift in economic activity, revolving around a rethinking of measures of progress and what gets to grow and why. Its policy-making revolves around the wellbeing of people and planet.

Workers Say They Breathe Polluted Air At ‘Green’ Insulation Facility

March 6, 2022 Mindy Isser, In These Times. , , ,
As the acceptance of climate change becomes increasingly commonplace, more and more companies will be created or adapted to “fight” or “solve” it — or, at the very least, minimize its effects. Kingspan Group, which began as an engineering and contracting business in 1965 in Ireland, has since grown into a global company with more than 15,000 employees focused on green insulation and other sustainable building materials. Its mission is to “accelerate a zero emissions future with the wellbeing of people and planet at its heart.” But workers at the Kingspan Light + Air factory in Santa Ana, Calif. don’t feel that the company has their wellbeing at its heart — and they say they have documented the indoor air pollution in their workplace to prove it.

China And Solutions To Climate Change

November 13, 2021 K. J. Noh and Michael Wong, Popular Resistance. , , ,
Last year, President Xi Jinping, pledged that China’s CO2 emissions would peak before 2030, and China would become carbon neutral before 2060.  China has a track history of setting ambitious, nearly impossible goals and then achieving them--often before deadline--so this pledge is significant.  Under the CPC, China has already created “an economic miracle” in transforming China into the largest economy in the world. It ended extreme poverty while creating the largest middle class in the world.  It has virtually eradicated Covid through non-pharmaceutical methods, while vaccinating up to 20 million people daily, and pledging the largest number of vaccines (2.2 Billion) and distributing over 1 Billion-to the rest of the world. 

Spain Unveils Economic Recovery Plan Amid Pandemic

October 8, 2020 Barry Hatton, AP News. , , ,
Spain’s prime minister unveiled a major plan Wednesday to boost his country out of recession by spending 140 billion euros ($162 billion) of European Union aid to reshape the economy, with the aim of creating 800,000 jobs over the next three years. The program is a response to the sharp downturn caused by the coronavirus pandemic and its worldwide disruption of economies. The plan focuses primarily on getting Spain to transition to green energy and a digital economy, which will take up about 70% of the financing.

World Mayors Call For Car-Free Streets And More

July 18, 2020 Olivia Rosane, EcoWatch. , , ,
Mayors from some of the world's major cities have unveiled their vision for how the world can recover from the coronavirus pandemic while encouraging environmental justice and fighting the climate crisis. The C40 Mayors' Agenda for a Green and Just Recovery, announced Wednesday, includes measures already being adopted in many cities to recover from the pandemic in a way that addresses inequalities and keeps global heating to the Paris agreement goal of 1.5 degrees Celsius above pre-industrial levels. As part of their vision, the mayors are calling on national governments to end all subsidies for the fossil fuel industry.

Rebuilding After Recession: A Plan For Jobs

June 25, 2020 By Janet Williamson, TUC. , , ,
Government investment in green technology and infrastructure is needed to create thousands of jobs and prevent a recession. Working with unions and employers, the government has put in place the Job Retention Scheme and self-employed income support schemes, protecting the jobs and incomes of millions of workers during the coronavirus crisis. But more is needed, and fast. Without further bold action from the government, we risk huge losses of jobs and livelihoods and possibly the deepest recession since the 1930s. The OECD estimates that unemployment could hit 11 per cent this year. But this is not inevitable, and action taken now can prevent the despair of mass unemployment.
«12»
Sign Up To Our Daily Digest

Independent media outlets are being suppressed and dropped by corporations like Google, Facebook and Twitter. Sign up for our daily email digest before it’s too late so you don’t miss the latest movement news.