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A just and sustainable economic response to coronavirus, explained

Big, lasting, and better: Principles for a good economic response

2. Make it enduring.

There’s an ambitious new green stimulus proposal making the rounds, gathering signatures, that suggests a permanent green stimulus, to be spent primarily on the clean energy transition and environmental justice programs. It would begin at $2 trillion and then be automatically renewed each year at a level of 4 percent of GDP (about $850 billion) “until the economy is fully decarbonized and the unemployment rate is below 3.5%.”

Read the entire article at Vox.

Publication date: 2020-03-25
Parent publication: Vox
Publication URL: https://www.vox.com/energy-and-environment/2020/3/25/21180248/just-sustainable-economic-response-coronavirus-explained

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