Interest Rate Hikes Against the Environment
If triggering a recession wasn’t enough, interest rate hikes funnel money into fossil fuel projects over green ones – meaning they’re not just harming our present, but polluting our future.
2 Articles by:
Lukasz Krebel is an economic researcher at the New Economics Foundation.
If triggering a recession wasn’t enough, interest rate hikes funnel money into fossil fuel projects over green ones – meaning they’re not just harming our present, but polluting our future.
Almost 700,000 people have been driven into poverty in the UK during Covid-19, and a £20 uplift to Universal Credit isn’t a solution – we need a living income to safeguard against the deepening crisis of inequality.