Tag Archives: quantitative easing

The World’s Central Banks to the Rescue

by Guy Dauncey, inspired by Matthias Kroll

PDF download available here: The Boldest Climate Solution

A globally agreed carbon cap? Carbon rationing? Holland’s proposed ban on the sale of non-electric cars by 2025? Oslo’s goal to reduce the city’s total greenhouse gas emissions by 95% by 2030?

No, none of the above.

So what is it? In a nutshell, it’s the proposal that the world’s central banks create $300 billion a year, and use it to leverage investments of up to $2 trillion a year in the urgently needed transition to renewable energy, and other climate solutions.

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