Guest essay by Eric Worrall
Climate activists are demanding to know why Green New Deal proponents are so selfish, why they want to keep trillions of dollars of Green New Deal cash inside the USA, instead of sharing the cash with everyone through the United Nations.
The Green New Deal Isn’t Global Enough
The resources Democrats want Washington to appropriate and use domestically instead need to flow elsewhere in the world.
By Mihir Sharma
17 March 2019, 11:04 GMT+10
At the fourth United Nations Environment Assembly in Kenya this past week, experts and officials from around the world debated how to come up with the investment and innovation needed for countries to grow without dooming the planet. National leaders, NGOs and others discussed, among other things, how to create more “sustainable patterns of consumption and production.” What really struck me in Nairobi, though, was what wasn’t discussed: the Green New Deal being pushed by Democratic Party politicians in the U.S.
This is surprising, in a way: It was the United Nations Environment Programme that first called for a “Global Green New Deal” in 2009, hoping to revive the world economy through investment in climate change-related sectors.
Yet, fawning coverage of the Green New Deal rubs many in the developing world the wrong way. We’ve long known that an economy transitioning to a low-carbon growth path will both require investment and create jobs. But, the New Deal of the 1930s is simply not the right analogy. Then, economies across the world had enormous amounts of unused capacity that just needed to be put to work.
By contrast, a global low-carbon transition will require laying claim to resources that are productively employed in carbon-intensive sectors of the economy. It will be expensive. It will require sacrifice. And resources will need to flow more freely across national borders.
…Read more: https://www.bloomberg.com/opinion/articles/2019-03-17/green-new-deal-won-t-solve-global-climate-change
Shame on you Alexandria Ocasio-Cortez. Your US centric climate vision has really offended green activists in other countries who feel entitled to a share of the Green New Deal cash you plan to spend in the USA.