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 sends troops $1,776 bonus checks, and Biden coal, in Christmas speech to nation
NY Gov. Hochul to sign bill to legalize physician-assisted suicide: ‘Who am I to deny you?’
Trump drops receipts on US savings since Biden’s Oval Office exit
Lethal US strike sinks narco-terrorist vessel along major Pacific drug route, Pentagon confirms
Border Patrol chief, progressive mayor caught on camera in tense street showdown: ‘Excellent day in Evanston’
Federal employees in the hot seat as GOP senator pushes transparency proposal: ‘Historic opportunity’
Dramatic bodycam video captures moment suspected kidnapper is arrested after 40 years on the run
Barack and Michelle Obama Had Plans with the Reiners on the Night of Their Death
Ford Pays a $19.5 Billion Price After Realizing it Fell for Biden’s EV Scam
Statue of Little-Known Civil Rights Activist Replaces Robert E. Lee in U.S. Capitol
Breaking: Bongino Stepping Down as Deputy Director of the FBI
Nearly two-thirds of American voters back social media ban for kids under 16, Fox News poll shows
Trump set to address the nation in primetime White House speech as Americans report economic squeeze
Watch: Fani Willis Loses It, Plays the Race Card When Confronted with Damning Documents During Hearing
DOJ should not have dropped Trump codefendant charges: Jack Smith

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  E. Jean Carroll’s DNA refusal tainted verdict against Trump, allies tell Supreme Court

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