Governments failing to fulfil talk of green Covid recovery, UN warns

Outlet: The Guardian

The Guardian: Ed Barbier, a professor of economics at Colorado State University, who wrote a study on the recovery from the 2008 financial crisis, said governments must heed the lessons. “Reviving a brown [high-carbon] economy is not building back better. To green the post-pandemic recovery will require sustained public investments in support of green infrastructure and private research and development, coupled with pricing reforms that remove fossil fuel subsidies and tax carbon,” he said.