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.”


Fox News Poll: Maine Senate race is tight, with concerns about both candidates
House backs Massie’s push to release taxpayer-funded sexual harassment settlement records
California couple says moving company doubled their price and is now holding belongings ‘for ransom’: report
USPS worker arrested after alleged mass shooting threat against Texas Pride event, FBI says
Beloved Star, Outspoken Christian Kelsey Grammer Mulling Run for Office
JD Vance Explains How Leftist Motto Is ‘a Disgusting Butchering of the Nicene Creed’
Five countries in Latin America have elected pro-Trump governments since his election
Bar complaint accuses Biden-appointed district judge of dishonesty during DOJ tenure
Lawmakers press Eli Lilly for China drug trials tied to military-linked hospitals
Dems join Republicans to crush Tlaib’s war powers resolution in lopsided House vote
Trump Floats Plan to ‘Reverse Birthright Citizenship’ in Spite of the Supreme Court
MKUltra hearing turns into intense grilling of NIH researcher about the origins of COVID-19
NPR Retracts Bombshell Story About Supreme Court Justice Retiring
Shock poll: Talarico ties Paxton in Texas Senate race, threatening GOP stronghold
GOP infighting over Trump’s voter ID bill erupts as top senator calls strategy ‘fantasy’

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  US Mint to produce limited-edition July 4 quarters for America 250

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