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.”


Trump defends Minneapolis federal enforcement, says crime plunged after ‘thousands of criminals’ removed
Far-left group with foreign ties undermining US under guise of protest, report warns
SCOOP: Trump ally Kid Rock jumps into key governor’s race with high-profile endorsement
The world’s top nuclear powers have no arsenal limits, here are the countries with nukes
Affirmative Action Quotas in Question as Female, Minority Pilots Caused Half of Pilot-Error Crashes
The single crushing problem American cattle ranchers wish Trump would fix instead
‘The View’ Under FCC Investigation Over Interview with Texas Dem
‘We Will Pay’: Savannah Guthrie Responds to Kidnapper Demands Via Video
Turning Point USA’s ‘All-American Halftime Show’: Everything you need to know
American Skiers Buried Under Avalanche of Criticism Over Anti-ICE Comments
Super Bowl Sunday: Here are some of the political, social commercials you can expect during the big game
Op-Ed: In a Politically Divided America, Where Does Relocation Fit In?
LA city councilwoman previously backed by DSA running for mayor in primary challenge to former ally Bass
Details on Maine Plane Crash Victims Released: They Were Researching up to $30k-per-Night Destination for Wealthy Travelers
Chief CNN Analyst: Not One Racial Group in America Is Falling for the Dems’ Lies on Voter ID Laws

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  Judge dismisses DOJ judicial misconduct complaint against James Boasberg

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