Letter To Editor -- The "Triple Crunch"

I've had a letter published in the Coventry Observer and Coventry Telegraph this week:

"We are facing not just a credit crunch, but two other crunches as well (global warming and peak oil). You can read about a plan -- the Green New Deal – to address these crunches at the website of the new economics foundation."

"Among other things, we need a low-carbon energy system that makes every building a power station. We need a 'carbon army' of workers. We need a windfall tax on oil and gas companies. We need local authority green bonds, green gilts and green family savings bonds. Instead of mega-banks (the new Lloyds HBOS) making mega-mistakes, we need to break up discredited financial institutions."

"In short, we can’t just tinker with the system. We need a sense of purpose to restore public trust, and to refocus on using capital on public priorities and sustainability."

Scott Redding
Coventry Green Party