Peak Prosperity: Deconstructing The Green New Deal

The Green New Deal (GND) is important as a starting point to have a long, long overdue conversation about energy. Specifically: How are we going to eventually transition away from fossil fuels? As such, the proposal — while (very) far from perfect — should not be ignored and deserves our attention. It is also important because it represents the sorts of zig-zags our social and political paths are inceasingly likely to take in the coming future as we are forced to face our looming economic, ecological, and energy-related predicaments.

The GND is emblematic of the same pressures that brought about the election of Trump, the Yellow Vests in France, Brexit in the UK, the Catalonia breakaway in Spain, the rise of populism in Italy, and the fracturing of the Middle East.

Growing numbers of people are beginning to understand that the outbreak of these social movements share a common cause: the loss of sufficient economic growth to fund both the upper and lower stratas of society.

You can access this week’s entire extensive commentary HERE

About Bob Weir 3242 Articles
Bob Weir has over 50 years of investment research and analytical experience in both the equity and fixed-income sectors, and in the commercial real estate industry. He joined eResearch in 2004 and was its President, CEO, and Managing Director, Research Services until December 2018. Prior to joining eResearch, Bob was at Dominion Bond Rating Service (DBRS).