Green market economics
Green market economics focusses on the future – today. It is about intergenerational justice. We must not achieve our prosperity at the expense of future generations. The green market economy is not about short-sighted, purely quantitative growth. Instead, we ask where growth is occurring and what it means, and we consider whether growth is taking place at the expense of the future, or at other countries' expense.
Green market economics is more successful, in both ecological and economic terms, than the present market economic system, which is short-sighted and takes no account of our environment. Our approach creates incentives to encourage investment in resource conservation and efficiency, thereby decreasing follow-up costs. With our green concepts, we can create at least a million new jobs in the next few years. We want to drive forward the ecological modernisation of all sectors of the economy and increase the jobs boom in the environmental sector. We also want to increase social justice and create jobs by investing in health and education.
Green market economics creates an effective regulatory framework. Prices should accurately reflect ecological costs. This requires a mix of regulation and market economic instruments such as an ecological tax reform or CO2 certification. It also includes information for consumers or the "Top Runner" approach, in which outstanding environmental products are adopted as the benchmark. The regulatory framework helps to ensure that common sense finally prevails – but without curtailing the economic freedom of producers and consumers. In our economic model, a strong state is responsible for education, environmental quality, the delivery of general interest services, a modern infrastructure, including the communications infrastructure, and a well-performing system of social security.
The green market economy strengthens economic freedom and self-determination by promoting fair market access, limiting market power and boosting competition. It also aims to unbundle ownership in networked economies by breaking up monopolies in sectors such as the railways or electricity production, and to abolish excessive red tape and environmentally harmful long-term subsidies. We prioritise small and medium enterprises and business start-ups. Obstacles to business start-ups must be removed. We also aim to improve access to business funding by promoting venture capital and micro-loans. We actively support a new culture of independence and a social climate which is conducive to innovation, also in relation to takeovers and the formation of cooperative, self-managed companies.
The green market economy strengthens the rights of consumers and ensures that they have the information they need to make an informed choice. Public procurement must act on its responsibility and prioritise innovative and sustainable products and services that are compatible with social and environmental standards. In this way, the state will lead the way in assisting innovative, "green" products and technologies to make the breakthrough.
The green market economy focusses on Europe and creates a sound regulatory framework for the European internal market. A further aim is to improve the coordination of European economic policy.