Green funding

[spread-tee]

This deserves widespread attention I think.

https://www.taxresearch.org.uk/Blog/202 ... the-issue/

and

https://greenallianceblog.org.uk/2021/0 ... nt-thinks/

someone needs to persuade the GOVT that austerity is nuts and should be ditched

steer aped

[Stinsy]

You can expect big cuts in government spending if inflation goes the direction it seems to be going, green stuff has historically been the first to be cut. Remember David Cameron's "Green crap".

I’ve noticed food items I buy regularly are between 25-100% more expensive than a few months ago. Diesel was a smidge over £1 round my way a year ago now it is £1.37.

We Want Any Car will buy my Volvo for £2k more than I paid for it 2 years ago!

Brace yourselves folks!

[AE-NMidlands]

You can expect big cuts in government spending if inflation goes the direction it seems to be going, green stuff has historically been the first to be cut. Remember David Cameron's "Green crap".

The report linked from the blog referred to in the first post is here https://green-alliance.org.uk/green_lig ... change.php and
says that there is broad popular support for both the changes needed to green our economy, but more importantly for the changes needed in the tax system to push all the initiatives which are needed. Some good news for once.

It seems that the Treasury is extremely reactionary and stops almost all the other things that are needed because it has the whip hand. Oh for a democratic government! (Or a "leader" who has the Chancellor of the Exchequer on board.)

The other point is that our shower of clowns are revelling in the current chaos (and don't really care about what is coming) because it gives them even more scope for playing the markets and ripping off the rest of the world in other ways too.

My econommist friend says

If the "green bond" succeeds in attracting large amounts of private savings, I'm wondering where that will come from. Not many people keep cash under the mattress, so they will withdraw from banks and building societies and that could cause other problems.

which seems a good point. If something needs doing then collect the taxes and pay to have it done, don't set up yet another swindle to enrich the shysters in the City.
I hope nobody that we know is in the Govt.'s auto-enrolment scheme: even https://www.moneysavingexpert.com/savin ... enrolment/ says nothing at all about what the final payouts might be. I gather that it will be a big scandal in 20 or 30 years time: the City will have bled it dry with their guaranteed "management fees" and there will be nothing left for the poor suckers who had to pay in.

[spread-tee]

Modern monetary theory shows how our GOVT can create as much money as they need to fund a green new deal without people having to raid their own bank savings, although there are huge funds looking for decent investments, pensions for EG.

in the meantime we need to take heed of this,

https://www.theguardian.com/environment ... ing-threat

and the seventh IPCC report due out tomorrow, and use them to bash some urgency into our politicians to actually do something real.

Write to your MP and demand that COP26 wont be another cop--out please!

Desp

[spread-tee]

Any interest here???

Desp

https://www.ipcc.ch/report/sixth-assess ... g-group-i/

[AE-NMidlands]

definitely, but I thought it deserved its own thread. So much to say that I didn't dare try to start it!
A

[AE-NMidlands]

We have talked a bit in other threads about finding renewable energy projects to invest in, and I thought this thread might be a suitable location to post what I discovered recently.
Triodos bank has apparently renamed its green energy umbrella fund
https://www.thriverenewables.co.uk/ looks to be quite good. (I have faith in that bank doing the "right thing" - unlike all the others now!)
Not a recommendation, of course...
A