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, 20:48, February 17, 2019
In a '''In a Green Quantitative Easing''' program, new money is created – literally out of thin air – and used to buy [[bond]]s, but in this case they would be bonds issued by a government-owned Green Investment Bank.<ref>https://www.theguardian.com/sustainable-business/2015/jan/12/printing-money-fund-green-investments</ref> Alexander Barkawi writes that policy makers should steer away from [[securities]] backed by car loans:
:''“The current environment of ultra-low interest rates, together with significant asset purchases by [[central bank]]s could offer a remarkable opportunity to channel more [[capital]] towards a [[low-carbon economy]], and to pursue what several experts and [[policymaker]]s have coined as “Green Quantitative Easing....Leading central bankers are increasingly clear that dealing with the financial risks of [[climate change]] is part of their job. Making sure that [[monetary policy]] is pointing in the same direction is a logical and necessary next step.”''<ref>https://www.wsj.com/articles/green-quantitative-easing-1495173792</ref>
==External link=
*[https://www.continentaltelegraph.com/economy/ragging-on-ritchie/the-economic-failure-of-green-quantitative-easing/
The Economic Failure Of Green Quantitative Easing], By Tim Worstall, December 4, 2018.
==References==
{{reflist}}