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Only active government can shape markets, create new ones, and create green growth. Individuals and businesses cannot do it alone: they need a government by their side. That's why the Labour government introduced the Climate Change Act in 2008 to enshrine carbon targets in law, and to move Britain from a high-carbon to a low-carbon economy. We planned to achieve 40% low-carbon electricity by 2020, and to create 400,000 new jobs in green businesses.
This government inherited a range of green initiatives, such as the green investment bank, which they've watered-down, or punted into the long grass. The Tory-led government's blinkered focus on the deficit means they are not making the right strategic decisions for now or for the next generation. Their promised green economy road map will appear many months after the publication of their energy bill.

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[T]he only way for a Labour Government to bring about economic growth was through socialism, since only socialism could bring about that upsurge of working-class enthusiasm to compensate for the loss of business confidence... But...such policies are outside the range of any Labour Government, however large its majority, for the most compelling reason of all: Labour Governments lack the authority to take the international risks inherent in such a policy, to set the country against the prevailing international trends; lack the authority, that is, to summon up from the deep the forces of nationalism and put them behind socialism. The history and composition of the Labour Party precludes such risks... Yet without a leader able to spark the flame of nationalism, socialism will not work in this country.

We should promote policies on economic restructuring towards sustainable development, green economic growth and circular economy in order to mitigate the adverse impacts of climate change. Social policies to protect the vulnerable, including women, children and those impacted by climate change are also much needed.

Enter the Green New Deal. It endorses the science. ... We’re not talking about a bit less emissions; we're talking about a phaseout of emissions by 2050 in order to have a fighting chance to hold Earth’s temperature rise to 1.5-degrees Celsius above the pre-industrial level, a rise that should not in any way be construed as “safe,” just potentially not catastrophic.

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The government can't change the weather. I said that in the speech. We can pass a bunch of laws that will destroy our economy, but it isn't going to change the weather. Because, for example, there are other countries that are polluting in the atmosphere much greater than we are at this point, China, India, all these countries that are still growing. They're not going to stop doing what they're doing. America is a country, it's not a planet. So we can pass a bunch of laws or executive orders that will do nothing to change the climate or the weather but will devastate our economy. Devastate it!

There is nothing new or unusual about the Tory commitment to protect the environment. The last thing we want is to leave environmental debts for our children to clear up...It's we Conservatives who are not merely friends of the Earth—we are its guardians and trustees for generations to come. The core of Tory philosophy and for the case for protecting the environment are the same. No generation has a freehold on this earth. All we have is a life tenancy—with a full repairing lease. This Government intends to meet the terms of that lease in full.

...the Green New Deal is exactly the right idea. You can raise questions about the specific form in which Ocasio-Cortez and Markey introduced it: Maybe it shouldn't be exactly this way; it should be a little bit differently. But the general idea is quite right. And there's very solid work explaining, developing in detail, exactly how it could work. So, a very fine economist at UMass Amherst, Robert Pollin, has written extensively on, in extensive detail, with close analysis of how you could implement policies of this kind in a very effective way, which would actually make a better society. It wouldn't be that you'd lose from it; you'd gain from it. The costs of renewable energy are declining very sharply. If you eliminate the massive subsidies that are given to fossil fuels, they probably already surpass them. There are many means that can be implemented and carried out to overcome, certainly to mitigate, maybe to overcome, this serious crisis... A lot of the media commentary ridiculing this and that aspect of it are essentially beside the point... the basic idea is correct.

The success of the Green New Deal depends on the ability to reroute power away from the 1 percent and the political and economic institutions designed to serve them. If we are going to become an economy that serves people and the planet, then the people-all of the people-need power, and we need it now.

The green economy should not just be about reclaiming throw-away stuff. It should be about reclaiming thrown-away communities. It should not just be about recycling things to give them a second life. We should also be gathering up people and giving them a second chance.

A National Government cannot create good times. It cannot make the rain to fall, the sun to shine, or the crops to grow, but it can, by pursuing a meddlesome policy, attempting to change economic conditions, and frightening the investment of capital, prevent a prosperity and a revival of business which might otherwise have taken place.

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