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.”


Republicans facing ‘worst-case scenario’ in redistricting war as midterm elections near
Trump secures release of American trapped in Saudi Arabia for years over online posts
Texas father dies in accidental shooting on hunting trip, daughter says family is ‘heartbroken’
Federal judge allows Texas AG to challenge Harris County bail reforms: ‘Unleashing criminals’
Appeals court blocks order limiting immigration agents’ use of force in Chicago
Wealthy California town bans pickleball over noise complaints from paddles hitting balls
Senators warn of ‘fragile’ US air system after 43-day shutdown
Dem congresswoman indicted for ‘particularly selfish’ alleged theft of FEMA relief funds for campaign use
Blue city suspect with numerous prior arrests federally charged after allegedly setting woman ablaze on train
Trump says he will meet NYC Mayor-elect Zohran Mamdani this week
Illegal immigrant caught driving commercial truck with valid New York CDL at California checkpoint
House votes to repeal controversial Arctic Frost provision from government shutdown bill
Lindsey Graham eyes big payday from Biden-era phone data seizure
Epstein files to go public as Trump says he signed law authorizing release of records
Senators rail against ‘cash grab’ spending bill provision as House preps repeal vote

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  Trump allies may have been pardoned, but here’s why their legal woes aren’t over yet

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