New York Times columnist wonders why the US did not spend more money on climate change during the pandemic

Titled “What if we had spent more money on climate?”, the piece was written by David Wallace-Wells, who “explores climate change, technology, and the future of the planet and how we live on it” in his columns. 

Wallace-Wells argued that “the opportunity flashed brightly for climate action” because of the “crazily expansive period of public expenditure” during the COVID-19 pandemic. 

“For a moment, with free spending and loose money in wealthy capitals suggesting that Modern Monetary Theory had initiated a whole new steroid era of Keynesianism, something like a Green New Deal seemed not just conceivable but potentially the basic model for public investment the world over,” he wrote. 

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WASHINGTON, DC - APRIL 22: The fire department uses a ladder truck to remove an environmental activists with the group Extinction Rebellion DC after they scaled the Wilson Building as part of an Earth Day rally against fossil fuels on April 22, 2022 in Washington, DC.  (Photo by Kevin Dietsch/Getty Images) 

WASHINGTON, DC – APRIL 22: The fire department uses a ladder truck to remove an environmental activists with the group Extinction Rebellion DC after they scaled the Wilson Building as part of an Earth Day rally against fossil fuels on April 22, 2022 in Washington, DC.  (Photo by Kevin Dietsch/Getty Images) 

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