Financing the Green New Deal

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Climate scientists warn that immediate action is essential to prevent an irreversible climatic tipping point that threatens the survival of many species, including our own. This crisis is likely to exacerbate socio-economic injustices and political instability, particularly in nations already affected by environmental challenges. Therefore, comprehensive planning is crucial. This book, authored by a key architect of the Green New Deal and prefaced by a former Chief of Staff to Representative Alexandria Ocasio-Cortez, outlines a financial framework that promotes financial and economic inclusion, democratic decision-making, and a clear division of responsibilities among government levels and public-private sectors. It presents a cohesive financial architecture that includes innovative concepts like a 'People's Fed,' a National Investment Council, state and regional public banks, a Democratic Digital Dollar, and Taxpayer Savings and Transaction Accounts integrated into monetary policy. Additionally, it proposes an economy-wide Price Stabilization Fund. This work is essential for policymakers and citizens seeking a sustainable, progressive, and productive future for America.