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.”


Virginia court sentences Abbey Gate conspirator to 20 years for role in explosion
DOJ Arrests LA Nonprofit Employees in Connection to Multimillion-Dollar Homeless Fraud Schemes
Trump Nominates Lee Greenwood’s Wife, Kimberly, to Be US Ambassador
Kennedy scion accused Trump of ‘bankrupting’ Kennedy Center as ‘hostage taking’ name change battle persists
GOP lawmakers blindsided by new revelations about Trump Butler shooter: ‘Awfully strange’
SEE IT: El-Sayed can’t shake one question before meeting with Dem power brokers
Texas Farm Bureau endorses Ken Paxton after James Talarico faced fallout from vegan comments
Haitian Illegal Immigrant Who Went Viral for Shouting ‘Biden Forever!’ During Arrest Deported by ICE
Thomas Massie Says He Intentionally Blindsided House Leaders When Filing Hegseth Impeachment Articles
‘Worse than Watergate’ New FBI files detail agent’s push to join Trump probe, investigate Elon Musk
5 states could be the biggest losers in Trump’s trade war with Canada, expert warns
Injured Louisiana boy hailed a ‘superhero’ for seeking help during deadly stabbing rampage
Florida woman allegedly drugs man she met at club, steals his nearly $100K Rolex: police
Muslim Mayor of Dearborn Invites Rapper Booted from Stadium Tour Over Anti-Israel Rant to Perform in City
International protests break out over rising oil and gas costs

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