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.”


Vance urges Zelensky to change tune on ceasefire: Trump the ‘only game in town’
NYC gives migrants more ways to obtain city ID making it easier for them to get benefits, housing: report
DOGE initial findings on Defense Department DEI spending could save $80M, agency says
Head of FBI New York office reveals he was forced to retire
McMahon on Day 1 launches ‘final mission’ to send education back to the states
Bill Nye claims Elon Musk wants to replace NOAA weather satellites with Starlink
Man who wore diamond watch to Lakers game sues arena, claims he was assaulted and robbed in restroom
Top official at FBI New York Field Office forced to retire
Trump Erupts After Zelenskyy Makes ‘The Worst Statement That Could Have Been Made’ Days After Oval Office Disaster
Van Hollen regrets voting for Secretary Rubio
Publishers increasingly ditching nonfiction paperback books, hurting authors
Senate Democrats sink GOP-led bill to bar transgender athletes from women’s sports
Senate bid to prevent boys from playing girls’ sports gets stuck on filibuster
Golden Age? Woman’s Tumors Disappear in Weeks – Trump Stargate Project Set to Mainstream Her ‘Cancer Vax’ Miracle
Woman stung by venomous critter while getting bag at Boston’s Logan Airport

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  Iowa lawmakers approve bill removing transgender civil rights protections

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