The Liberal Democrats have unveiled an ambitious green Covid-19 recovery plan to invest £150bn in 'green projects' over three years: An article by Martin Rosner (Churchfields).
We have set out proposals to invest £150bn in green projects over three years as part of or plan to recover from Covid-19. This is something that simply cannot wait until the next general election.
Ed Davey, our interim leader, said there was “a once-in-a-lifetime opportunity to both tackle potential mass unemployment due to Covid-19, and reshape the economy on more environmental lines.” Believing that the Government do not realise how urgent this is, he added: “You’ve got to have a very high level of ambition, and the way the government is talking about it, I’m not yet convinced their level of ambition is high enough,”
The plans include:
A green jobs guarantee, giving people training in new, environmental industries such as renewable energy, insulating homes and rewilding projects - paid at least the national living wage.
At least 80% of energy to be from renewable sources by 2030.
Proper insulation of homes just to meet existing targets.
Rewilding projects on areas such as tree-planting and peat bog restoration.
On the financial front, there would be:
A requirement for at least half of all Bank of England financing to go into green investment programmes.
A new system of government “climate bonds” to raise extra capital.
Tax incentives on savings and pensions for investing in green areas.
Locally, here in Redbridge, there is also much that can be done including introducing:
More comprehensive recycling arrangements.
More cycling routes, an issue which affects Churchfields as well as other parts of Redbridge.
An environmental impact assessment for all major projects and developments.
Increased tree planting activity across the Borough.
Please contact us with your views and suggestions: [email protected] Best wishes, Martin.
Martin Rosner (Churchfields Liberal Democrats): 30 June 2020
Dr. Mark Twitchett (Ed.)
On behalf of:
Dr. Mark Twitchett, Martin Rosner & Gwyneth Deakins: Churchfields Focus Team
- Fighting for a fairer future & for more powers for the people of Redbridge -