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: GOP Sen. Lindsey Graham Dead at 71
Sen. Lindsey Graham dead at 71 after ‘brief and sudden’ illness, office says
Fox News Campus Radicals Newsletter: Alleged K-12 fraud, one school’s battle with Newsom and a win in Florida
‘Die Hard’ actor Robert Davi blasts Mamdani after NYC map omits Little Italy
Dem governor escalates McConnell health demands, cites response to past Trump health concerns
Another US citizen tests positive for Ebola virus while working in Congo amid record outbreak
Sanders and Ocasio-Cortez to stump for Abdul el Sayed in Michigan Senate primary
Army Black Hawks airlift 200-plus stranded campers as Missouri floods trigger more 350 rescues
Renowned Feminist Historian Loses Professorship as Experts Tear Apart Her So-Called Historical Findings
NYPD officer charged with rape, child sex crimes previously admitted to misconduct on the job, records show
Trump Signals Daylight Savings Time May Soon Become Permanent, Praises Bill
Teen Athlete Goes Viral After Revealing She Was Sexually Harassed by Trans Athlete in Locker Room
Trump-aligned House holdouts accused of holding ‘life-saving’ veterans bill ‘hostage’ over SAVE America Act
CNN Needs Trauma Counselors – Paramount Looking to Actual Journalist Bari Weiss to Lead Both CNN and CBS News After Merger
The $36 Billion Hidden Tax on America’s Small Businesses

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 made money, bought up stock from crypto companies after his SEC dropped cases against them

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