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Brown's new green spending will delay carbon build up by less than half a day

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Brown's new green spending will delay carbon build up by less than half a day

Gordon Brown has claimed that around 10 per cent of the UK package to stimulate the economy was directed towards "environmentally important technologies". But as a new nef report commissioned by Greenpeace shows, new funding for greening the economy amounts to just 0.6 per cent of the UK's total stimulus package. The new green spending will only delay the UK's climate change emissions less than half a day in three years time. The UK economy faces a triple crunch: a recession triggered by a major credit crisis, the looming reality of runaway climate change and critical resource depletion. As a result we face serious challenges to our livelihoods and increasing threats to our fuel and food security. Whatever the mistakes that allowed this situation to arise, there is growing international consensus that the best way out is via a Green New Deal policy package.


By NEF, UK.


Climate Policy Resource.