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.”


Viral video shows ICE agent telling agitators they’re disrupting arrest of child sex offender in Minnesota
ICE says 2 demonstrators were arrested in Minnesota for allegedly assaulting officers
Anti-ICE mob storms Minnesota church over pastor’s alleged ties to immigration enforcement
Nancy Pelosi faces social media backlash over behavior at Bob Weir tribute event
Newsom defies Trump administration, declares free parks for MLK Day
Kurdish SDF forces agree to ceasefire with Syrian government after offensive
Grieving father says daughter’s death by illegal alien shows cost of sanctuary policies
Texas couple labeled fake ‘Chip and Joanna Gaines’ admits $5M dream home renovation scam
Wife of former American detainee released after more than a year in Venezuelan prison
Why Trump zeroed in on Greenland and why it matters in 3 maps
California man kills wife, teen daughter in murder-suicide: authorities
St. Louis Calls Off Search for Band of Monkeys Allegedly Accompanied by a Goat After AI Images Flood Social Media
Nobel Foundation weighs in after Machado presents Peace Prize to Trump
Leftist with ‘Any Pronouns’ Arrested for Assassination Threats Against Conservatives on Campus
‘Driver’s Licenses for All’: Minnesota’s Dangerous Surrender of the Rule of Law

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  House GOP revisits Biden handling of Jan. 6 with new panel

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