Just a few hundred miles of high-speed rail in California was well on its way to exceeding $100 billion in costs by the time of completion. As a result, California Gov. Gavin Newsom announced Tuesday that the state will be massively shrinking the project.
Ultimately, fully implementing the Green New Deal would have no meaningful impact on global temperatures. The plan additionally asks Americans to “upgrade or replace every building in the U.S. for state-of-the-art energy efficiency.”
Despite some trepidations about feasibility, Ocasio-Cortez and Markey will still try to abolish greenhouse gas emissions. For instance, by making air travel obsolete.
In what will likely be a major disappointment for the Democratic Party’s progressive base, upcoming Green New Deal legislation will omit the plan’s most lauded goal: A specific deadline for ending U.S. fossil fuel development.
Massachusetts Sen. Elizabeth Warren used the bitter cold sweeping the Midwest and Northeast to announce her full-throated support for a “Green New Deal.”
Draft legislative text for “Green New Deal” legislation “was written over a single December weekend by the staff of the freshman representative Alexandria Ocasio-Cortez and three like-minded progressive groups.”
Democrats are increasingly lining up behind New York Congresswoman Alexandria Ocasio-Cortez’s call for a “Green New Deal,” but few, if any, have talked about its actual impact on global warming.
If Ocasio-Cortez’s call for “60 or 70 percent” top tax rates won’t pay for a “Green New Deal,” Democrats will likely have to come up with other ways, including a possible carbon tax, to pay for it.
It shouldn’t be a surprise that the avowed “democratic socialist” went with the predictable “tax the rich” formula in order to pay for a massive government program to combat climate change. But it would hardly be good news for most Americans if Ocasio-Cortez got her way.
It’s unclear exactly how the select committee for a Green New Deal would function. Some veteran Democrats are criticizing the idea, calling it unnecessary given the existence of other committees designed to take on global warming.
Democratic Congresswoman-elect Alexandria Ocasio-Cortez of New York said the “Green New Deal” plan she supports would be used to achieve liberal “economic, social and racial justice” goals along with fighting global warming.