We're sat on a gold mine, we just need to start digging...

Posted on 29-10-20 by Jacob Ferris Woolley Number of votes: 0 | Number of comments: 7

As the economic situation of Britain declines, with the country suffering the worst drop in GDP of all of the G7 countries, we must, in the words of the Joe Biden and/or the Conservatives, 'Build Back Better'. This will mean a radical rethink of our economic systems, to create a fairer society – something we all know can only come from a Labour government. I do believe however there is a way we can come out of this pandemic with a more robust economy than we had in March. If we want to avoid another decade, or more, of austere measures, we have to find a way of increasing our trade with other nations, something which has declined massively since the turn of the millennium. This is an even more pressing issue with Brexit looming over us and the threat it poses to our service-based economy. We need to shift towards trade in goods. That is where the 'Green New Deal' comes into play. Perhaps my title was slightly exaggerated, but to me, this is a no-brainer. If Britain takes the opportunity, and we essentially rewire our economy to become focused around eco-friendly initiatives and projects, we can become the world leader in sustainable business. I'm a Chemistry student, and in my subject alone very simple changes, such as tax incentives & rewards for cleaner practices; grants & funding to find greener solutions; and better regulation to help control the impact of the chemical industry, can allow Britain to be at the forefront of creating and implementing a more sustainable industry. I don't believe that it is only that can be transformed, with a much greater awareness of the threat climate change poses, I think that is in companies' best interests to strive to be as carbon neutral as possible. And indeed, businesses are already trying to become more environmentally friendly, albeit gradually, without support from the legislature, however, they will not be able to succeed at all. Now, I recognise that this support is unlikely to come from the current administration, that is why I am urging our Party to commit now to ensuring that any manifesto pledges, aimed at getting our economy moving again, favour those companies which are actively seeking to make a more eco-friendly Britain. I hope that as we slowly begin to recover from the horror of this pandemic, we put future generations and the future of this planet at the foreground of all that we do. This is our opportunity to ensure that incremental changes we make now can have a positive impact for years to come. I'm convinced this is how Bevan and Attlee must have felt in the run-up to the 1945 election, with the prospect of creating something that would outlast them and ensure the survival of millions.

Referring to: Environment, Energy and Culture

The Environment, Energy and Culture Policy Commission is tasked with leading Labour’s policy development on the environment, food and rural affairs, energy and climate change, and culture, media and sport.

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