Sheffield Green Party is promoting this new movement to instigate a Green New Deal. Here is the executive summary of the report, which can be read in full on the NEF website.

The global economy is facing a ' triple crunch.' It is a combination of a credit-fuelled financial crisis, accelerating climate change and soaring energy prices underpinned by an encroaching peak in oil production. These three overlapping events threaten to develop into a perfect storm, the like of which has not been seen since the Great Depression. To help prevent this from happening we are proposing a Green New Deal.

This entails re-regulating finance and taxation plus a huge transformational programme aimed at substantially reducing the use of fossil fuels and in the process tackling the unemployment and decline in demand caused by the credit crunch. It involves policies and novel funding mechanisms that will reduce emissions contributing to climate change and allow us to cope better with the coming energy shortages caused by peak oil.

The triple crunch of financial meltdown, climate change and peak oil has its origins firmly rooted in the current model of globalisation. Financial deregulation has facilitated the creation of almost limitless credit. With this credit boom have come irresponsible and often fraudulent patterns of lending, creating inflated bubbles in assets such as property, and powering environmentally unsustainable consumption. Read the rest of the executive summary here.

Green New Deal Sheffield Conference
Organised by Sheffield Campaign Against Climate Change at St Mary's Community Centre, Bramall Lane Feb 28th 9.30-5pm Keynote speakers will include Miriam Kennet, Co-founder of the Green Economics Institute and Larry Elliott (tbc) of the Guardian
To become involved in the steering group contact info@sheffieldgreennewdeal.org.uk

Support Keep Trade Local
The Federation of small businesses is intensifying its campaign to save independant shops and pubs. They are mounting an exhibition at Castle Markets, Friday 10th October.

£500 billion to create jobs, not bail out banks
Sheffield Green Party are pressing for a "Green New Deal", investing in jobs that will benefit us all in the future.

NEF calls for Green New Deal
On the first anniversary of Northern Rock falsely reassuring markets, and 75 years since President Roosevelt launched a New Deal to rescue the US from financial crisis, a new group...