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Central bank independence is a myth. What about green central banking?

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Alisna and Summers Central Bank Independence vs Inflation.
Is this a good model to Green the economy?
Alisna and Summers Central Bank Independence vs Inflation. Is this a good model to Green the economy?
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Central bank independence is a myth. What about green central banking?

Last week the ECB announced its new policy of ‘going green’. How can a conventional central bank do this? Only by discriminating against bonds and equities issued by companies damaging the environment that it accepts as collateral, or which it buys, in return for loans ‘greening’ its  purchase/acceptance policy. Is ‘green central banking’ a move in the right direction? Or is it a sign of desperate times?
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Scott Baker is a Managing Editor & The Economics Editor at Opednews, and a former blogger for Huffington Post, Daily Kos, and Global Economic Intersection.

His anthology of updated Opednews articles "America is Not Broke" was published by Tayen Lane Publishing (March, 2015) and may be found here:
http://www.americaisnotbroke.net/

Scott is a former and current President of Common Ground-NY (http://commongroundnyc.org/), a Geoist/Georgist activist group. He has written dozens of (more...)
 

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