De Green New Deal

The impact of climate change, long merely an abstract prospect, has rapidly become manifest these last years. To prevent rapid global warming, a daunting level of policy intervention is needed. The Green New Deal is an attempt to address that challenge. It is a political programme that combines energy transition with a social agenda focused on providing employment and welfare. While the early and more radical versions of the Green New Deal idea question the necessity of growth itself, the more moderate programmes now pursued by the EU and the Biden administration approach the Green New Deal as a new 'growth strategy' that will help western economies recover from the corona pandemic.