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Greens propose steady-state economy for BC

The Green Party is proposing a steady-state economy for British Columbia, party leader Jane Sterk told The Hook this weekend.

In March, the Greens released their platform without a budget. Sterk asserted that "we would have had to do what the NDP did, which is to create unreal numbers with an unreal statement," and said her party is proposing a different way of accounting.

"We would be looking at the costs and benefits of the economy, the environment and the social fabric," she said. "Translating the budget as it is now into that triple bottom line thinking would be an extraordinarily resource-intensive exercise which would require economists and financial analysts and we simply don't have the resources to do that."

Sterk called the gross domestic product measure of the economy an additive measure that doesn't account for the negative effects of actions, as long as they generate revenue.

"We're proposing to add into our measure of our society the genuine progress indicator, which would say that if you have 13 per cent of your population living in's not a healthy economy."

Sterk acknowledged that a model of limited economic growth might not be an easy sell, but added that it could also be difficult to convince a public to consume goods they don't really need in order to save the economy.

"We see strong regional economies with a lot of job development, a lot of green industry development. We're saying better, not bigger. I think that's a saleable model for most people."

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