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.”


El-Sayed under fire online after taking aim at Usha Vance, female Trump aide in weekend social media posts
Karoline Leavitt reveals next role after leaving White House press secretary post
Alaska Republicans scramble to educate voters on suspected Dem plant as ‘ballot fatigue’ threatens race
Virginia Dem admits system ‘failure’ after illegal immigrant accused in landlord killing escapes to Tajikistan
Ford Adds Thousands of Jobs in United States as Move Away from China Continues
Report: Meghan and Harry’s Brazen Attempts – and Embarrassing Rejections – at Becoming US Political Operators
Nevada brush fire spreads to 10,500 acres as governor declares state of emergency
Christian Club Files Lawsuit After School District Blocks Volunteer Mentors
White House revs up ‘iconic’ Freedom 250 race as IndyCars prepare to unleash American muscle on DC streets
African Witchcraft, Blackmail, and American Boys: How Nigerians 6,000 Miles Away Are Killing US Teens
Minnesota Woman Sues Chipotle for Massive Sum Over Burrito Bowl
Florida couple allegedly held four children in tractor-trailer cab for nearly seven years
‘Barbaric’ abortion provision fuels Christian push to crack down on Dem governor
Nearly One-Third of Gen Z Steers Clear of Car Insurance, Survey Finds
Mixed support from black voters threatens el Sayed’s Michigan Senate hopes

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  A Bayh-gone era for Indiana Democrats?

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