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.”


Breaking: US Issues Security Alert as Trump Rushes to WH Days After Saying US Could Soon ‘Annihilate’ Iranian Regime
Messianic Rabbi Jonathan Cahn Says His Viral ‘Duct Tape Man’ Encounter Echoes ‘Revelation’ About Evil in His Latest Book
New Jersey mom charged with obstruction after ‘missing’ son found hiding in her crawl space
NORAD F-16 intercepts aircraft that violated restricted airspace over Camp David with Trump present: officials
DSA Democrats Praise This ‘Socialist Model’ – Communist Cuba’s Power Grid Collapses
Watch: MAGA Takes Victory Lap as CNN Is Forced to Read Trump’s WH Ban on Air
Newsom signs bills to prevent Trump from ‘dictatorial control’ over California elections
Shocking Reports of Dog Torture Emerge from Major LA Homeless Encampment
Trump announces new ‘AI Force,’ vows to protect industry as AI czar announcement nears
Solid-Blue Oregon Suddenly Looks Flippable as a New Poll Puts the Governor’s Race in Toss-Up Range
Who is Chinese first lady Peng Liyuan?
Riyadh airport explosion prompts Saudi Arabia to issue air raid alerts as Houthi fighting escalates
LA homelessness fraud cases expose deeper problem than stolen millions, oversight hawk warns
Netflix Won’t Be Faithfully Adapting the Last ‘Narnia’ Book Any Time Soon: The Islamic-Seeming Villains Stage a Religious Takeover – Sound Familiar?
Cuba’s power grid collapses as US embargo pressures regime

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  Minnesota attorney general says Somali Muslims have been defrauded by housing scheme claiming to be sharia-compliant

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