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How to Recover Green

Now that governments have intervened in the market on an unprecedented scale, citizens have every right to demand that newly dependent sectors align themselves with long-term climate-policy goals. Policymakers already have the tools to make this happen, and doing so would accelerate economic recovery.

NEW YORK – For a while in the early stages of the COVID-19 pandemic, there were high hopes for a V-shaped recovery. After a brief but sweeping lockdown to stanch the spread of the virus, the economy would easily reopen, and with enough care and money, everything would go back to the way it was at the start of the year.