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Bergquist, Mildenberger, & Stokes: Americans Want Green Spending In Federal Coronavirus Recession Relief Packages—Noted

Summary:
There is potential political support for, and there is certainly both technocratic justification and fiscal space for, hitting both the economic recovery and the global warming fighting birds with the stone that is coronavirus plague depression relief: Parrish Bergquist, Matto Mildenberger, & Leah Stokes: Americans Want Green Spending In Federal Coronavirus Recession Relief Packages https://equitablegrowth.org/americans-want-green-spending-in-federal-coronavirus-recession-relief-packages/: ‘We launched a nationally representative survey of slightly more than 1,000 people between May 15, 2020 and May 20, 2020.... The public supports green stimulus but not at the expense of broad economic relief. Our experimental results show that including green infrastructure spending increases

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There is potential political support for, and there is certainly both technocratic justification and fiscal space for, hitting both the economic recovery and the global warming fighting birds with the stone that is coronavirus plague depression relief:

Parrish Bergquist, Matto Mildenberger, & Leah Stokes: Americans Want Green Spending In Federal Coronavirus Recession Relief Packages https://equitablegrowth.org/americans-want-green-spending-in-federal-coronavirus-recession-relief-packages/: ‘We launched a nationally representative survey of slightly more than 1,000 people between May 15, 2020 and May 20, 2020.... The public supports green stimulus but not at the expense of broad economic relief. Our experimental results show that including green infrastructure spending increases support for a coronavirus relief package. Support for wind and solar investments and for clean transportation investments is particularly strong. Including these measures increases support by 8.5 percentage points and 6.1 percentage points, respectively. Notably, including electricity transmission investments does not cause a change in support for the package… .#equitablegrowth #noted #2020-07-10

Bradford DeLong
J. Bradford DeLong is Professor of Economics at the University of California at Berkeley and a research associate at the National Bureau of Economic Research. He was Deputy Assistant US Treasury Secretary during the Clinton Administration, where he was heavily involved in budget and trade negotiations. His role in designing the bailout of Mexico during the 1994 peso crisis placed him at the forefront of Latin America’s transformation into a region of open economies, and cemented his stature as a leading voice in economic-policy debates.

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