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Michael RCH
Channel 4 News
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Comments by "Michael RCH" (@michaelrch) on "UK plunges into worst recession on record - after impact of Coronavirus" video.
Why need to look back at how the USA pulled itself out of the Great Depression and went on to dominate the rest of the century. In that situation, the government pushed money into the economy by investing massively into national infrastructure priorities. We must do the same now with the objective of decarbonising the economy and reversing decades of environmental destruction. New electrified transport to replace cars, vans and truck. New forestry and protected areas of the country to drive rapid carbon sequestration. A huge roll out of renewables and grid storage to replace fossil fuels. A major project to decarbonise domestic heating and upgrade energy efficiency in one of the most dilapidated housing stocks in Europe. A switch in farming support from livestock and dairy to plant-based agriculture. These would all return on investment. They would clean up our cities and make them much healthier. They would create millions of jobs. They would save people money on their energy bills. And they would get started on what we must do to deal with the much bigger crisis that still lurks behind Covid - the climate and ecological emergency. Global average temperature rose 0.39C in the last 10 years. That warming is accelerating. Roll that forward just a couple of decades and we are already through the 2C upper limit for the Paris Accords and we are into fully catastrophic climate chaos by 2040. It's time to act. Today. We have this one opportunity. If the government instead invests in roads and propping up failing industries like aerospace and fossil fuels then we are finished. https://secure.greenpeace.org.uk/page/s/CreateGreenJobs Rebellion.earth
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If RR wants a productive and socially useful future, they should be using that immense technical expertise to work building wind turbines and other renewable energy systems, not trying to launch even more civil and military aircraft.
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Christopher Rutherford That's some nice revisionist history there. The Hoover Administration that preceded FDR did.what you suggest and it only deepened the depression. FDR followed Keynesian theory and it worked so well that Keynesian economics were the norm from the 30s until the mid 70s, during which the USA dominated the world economically. Go learn some history of economics.
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Oliver Grumitt It does look grim but change is possible, and it doesn't need to take decades. The western world almost completely replaced horse drawn carriages with cars in about a decade. The use of internet went from almost nothing to farmers in Africa using it in a couple of decades. And these changes happened without much government intervention or global cooperation. If Biden gets elected in November, he actually has very significant plans for decarbonising the US economy, and will also reorient foreign policy to pressure other countries to do the same. And movements demanding climate action are rising globally. If you feel that worried (which you should) then I ask that you take appropriate action. It is the most effective way to relieve the stress and anxiety. Join the autumn rebellion against this broken system. Extinction.earth
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