Green car plan one small step in the right direction

This post was first published at ABC's Unleashed site:

With the global financial meltdown meeting the climate meltdown head on, the potential to deal with both crises using the same solutions has been gaining support.

Last month, the United Nations Environment Program joined with Deutsche Bank and others to promote a 'Green New Deal' based on investing billions of dollars in the four pillars of renewable energy, energy efficiency, clean transport and ecosystem protection, reducing greenhouse emissions, building infrastructure and creating millions of new jobs. World leaders such as US President-elect Obama, UK Prime Minister Gordon Brown and UN Secretary General Ban Ki-Moon have publicly embraced the proposal, with Obama listing a $150 billion clean energy plan as his top priority.

The 'Green New Deal', taking its inspiration from Franklin Delano Roosevelt's 'New Deal' to build the USA out of the Great Depression, is only the most recent embodiment of strategies put forward from Hobart to London over the last few decades, recognising that investing in protecting the environment is the only sensible economic plan.