Finance News Politics

$10 Trillion ‘to Have a Shot’: Ocasio-Cortez Updates Climate Change Price Tag

Green New Deal advocate Alexandria Ocasio-Cortez (D-NY) told reporters on Capitol Hill on Wednesday that any considerable climate change program must come with a minimum $10 trillion price tag to have a real “shot.”

“I think we really need to get to $10 trillion to have a shot,” she told the Hill.

Ocasio-Cortez acknowledged that it is a “ton” of money and attributed the monster of a price tag to the severity of the issue.


“I know it’s a ton,” she said. “I don’t think anyone wants to spend that amount of money, it’s not a fun number to say, I’m not excited to say we need to spend $10 trillion on climate, but … it’s just the fact of the scenario.”


World War II-Era Bomb Found at One of Country’s Busiest Ports, Marines Respond
Teacher Arrested After She Allegedly Added Student on Snapchat, Called Him from Her Shower, and Tried to Meet Up
Trump mass layoffs show he isn’t bluffing on shutdown threats
Dems fundraise off government shutdown as Hakeem Jeffries urges supporters to ‘keep the faith’
Republican lawmakers launch investigation into California fire charity funds
Democrats under fire for standing by Virginia AG hopeful who joked about shooting GOP rival
UN makes a mockery of human rights as China, Iran score gig on wayward committee
US judge vows to rule ‘soon’ on Abrego Garcia’s fate after marathon hearing
Trump declared in ‘excellent overall health’ by doctor after Walter Reed visit
‘American Psycho’ Author Savages ‘One Battle After Another’ as a Bad Movie Liberals are Trying to Make a ‘Masterpiece’
War Department launches new counter-narcotics task force under Trump directive to crush cartels
Trump administration dials up heat on Democrats as government shutdown set to enter third week
Scott Jennings Uses Letitia James’ Own Words Against Her: ‘I Don’t Think the American People Are Going to Have Too Much Sympathy’
Erika Kirk addresses grief in heartfelt social media post one month after husband’s assassination
Italy Considering New Law to Fight Radical Islam That Includes Burqa Ban

Her Green New Deal plan gives insight into what climate alarmists believe needs to be done to save the planet from imminent doom.

The Green New Deal removes all debate, asserting that “human activity is the dominant cause of observed climate change over the past century.” It poses climate change as a “direct threat” to national security and calls to eliminate “pollution and greenhouse gas emissions” and ultimately fossil fuels by 2030.

According to an analysis conducted by the conservative nonprofit American Action Forum (AAF), the ambitious plan could cost the U.S. up to $93 trillion in the next ten years alone. The bulk of that cost would come from implementing the plan’s big government economic agenda.

As Breitbart News reported:

AAF wrote that the Green New Deal figure includes between $8.3 trillion and $12.3 trillion to meet the climate activists’ plan to eliminate carbon emissions from the power and transportation sector, and $42.8 and $80.6 trillion for its economic agenda, which will provide jobs and health care for every American.

Recently, Ocasio-Cortez issued glowing praise to Washington Gov. Jay Inslee’s (D) plan to combat climate change, calling it the “gold standard.” He’s calling for 100 percent renewable energy by 2035. Former Vice President Joe Biden’s (D) plan calls for $5 trillion in spending and aims to reach net-zero carbon by 2050.

See also  Supreme Court rejects Ghislaine Maxwell’s appeal of Epstein plea deal

Ocasio-Cortez believes his timeline is too long.

“Scientifically, anything that is less than helping us cut carbon emissions in half by 2030 is going to be too late,” she said.

Story cited here.

Share this article:
Share on Facebook
Facebook
Tweet about this on Twitter
Twitter