Green light for a Keynesian stimulus
Hepburn, C. (2009), CEO Today, January 2009.
Keywords: economic growth / Green recovery / Keynesian stimulus
Many environmentalists are concerned that the financial crisis and recession will sideline efforts to address the looming challenge of climate change. Others see “upside in the downturn”, and suggest that the crisis creates an opportunity to shift our economic pathway onto a greener trajectory. Is there any merit in the notion of a so-called “green recovery”?