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.”


Possible Statue of Pharaoh Who Moses May Have Confronted Discovered in Egypt
Sanders-backed gubernatorial hopeful’s past pro-life views clash with current abortion stance
Trump Issues Forceful Defense of His Anti-Weaponization Fund as Senate Republicans Balk
Military families want DOJ to distribute nearly $800M from French cement company found guilty of bribing ISIS
‘Moderate’ Dem’s unearthed ‘deconstruct’ law enforcement comments draw fire from GOP critics
Inside the rise of hardship politics as wealthy Democrats eye 2028
Magnitude 6.0 earthquake rocks Hawaii’s Big Island as Kilauea volcano likely to erupt again in days
Judge Tosses Evidence Against Luigi Mangione
UC Davis fraternity student’s 2001 death ruled a suicide after 29 stab wounds questioned in true crime podcast
Dem Darling Raked In Cash From Donors With Chinese Gov’t, CCP Intel Ties
Platner’s brutal attacks on Army soldiers as ‘fat, lazy’ revealed in resurfaced posts
Havana regime in suspense after Castro indictment with Trump pressure on, says Cuban-born GOP Rep.
Kansas City barbecue restaurant prepares for World Cup tourism rush
Feds seize $6.4M worth of cocaine aboard oil tanker at Port of Los Angeles, arrest suspected cartel smuggler
‘Illicit’ version of fentanyl linked to deadly New Mexico incident that sickened first responders

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  Sean Spicer-linked group makes case for Trump to seniors before midterm elections

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