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.”


Minnesota officials find car, hat belonging to assassin suspect Vance Boelter on highway in ‘fluid’ search
Trump says Israel and Iran ‘have to fight it out’ but believes deal is possible
Watch: ‘Harry Potter’ Actor Has Masterful Response After Reporter Tries to Bait Him on Series Creator
Gen. Flynn: Trump’s Great Test – Peace Through Strength or Endless Wars
FBI confirms capture of 2 of 4 illegal immigrants who escaped from Newark ICE facility
Ivanka Trump praises her father’s ‘unwavering determination, boundless vision’
Watch: Ex-NBA Star’s Contract Terminated After Ugly Brawl with Fans
Trump Officially Begins Phasing Out FEMA: ‘We’re Going to Give Out Less’
Doug Emhoff championed as a ‘wonderful dad’ by Harris and family
Padilla aghast that Noem did ‘not know’ him at press conference where he was detained
Sen Padilla insists he wasn’t disrupting Noem press conference: ‘I was simply asking a question’
Liberals Are So Desperate, They Can Only Ask 1 Question: ‘Where Is Barack Obama’
LA Mayor Bass downplays anti-ICE riots as limited to small part of city, says ‘zero comparison’ to 1992 unrest
Karine Jean-Pierre abandons Dems after years fiercely defending Biden policies
New AQAP Leader Tries to Mobilize Muslim Americans to Assassinate Trump and His Cabinet: Sick Video

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  Walmart faces GOP backlash after heiress backs ‘No Kings’ ad

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