Building back better: Why Europe must lead a global green recovery

By David G. Victor

As governments spend massively to revive economies, a huge battle has emerged around whether the economic recovery should also achieve other goals, particularly cutting the emissions that cause climate change. Those advocating green spending say the $10 trillion that governments have already committed to stimulus should be just the beginning, and an even bigger pile of cash is now needed for expansive “green new deals.”

In most countries, the political forces are blowing against green recovery. Distant, abstract goals like global warming have fallen far down the list of priorities while paychecks and health loom much larger than they did six

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