Democratic Socialist Rep. Alexandria Ocasio-Cortez unveiled the resolution for her Green New Deal with Sen. Ed Markey (D-MA). The resolution could cost up to $7 trillion. She stated that this deal “calls for a ‘national, social, industrial and economic mobilization at a scale not seen since World War II.'”

Somehow Ocasio-Cortez managed to fit into this Green New Deal a guaranteed job and health care for everyone.

On Twitter, Lee Doren found a quote that proves this Green New Deal will hit the poor people the most.

The Resolution

The Washington Examiner summed it up:

It calls for “net-zero greenhouse gas emissions” by 2030, but in a subtle shift that could expand support to centrist Democrats, it also allows for noncarbon-emitting energy sources that aren’t wind and solar power to reach the goal. Progressives had originally promised 100 percent renewable energy and banning fossil fuels.

It urges the elimination of carbon emissions for all the major sectors of the economy — electricity, manufacturing, buildings, transportation, and even agriculture — all while ensuring a “fair and just transition for all communities and workers.”

The resolution proposes massive public investments in clean energy infrastructure on things such as light rail and weatherized buildings.

The plan calls for the availability of a job to anybody who wants one, making every residential and industrial building more energy efficient, and building a national “smart” grid to better incorporate wind and solar power. It also calls for universal healthcare.

The resolution has no official price tag or specific plan on how to pay for all of this. Instead, Ocasio-Cortez hopes to pay for it it by “the federal government, using a combination of the Federal Reserve, a new public bank or system of regional and specialized public banks, public venture funds and such other vehicles or structures that the select committee deems appropriate, in order to ensure that interest and other investment returns generated from public investments made in connection with the plan will be returned to the treasury, reduce taxpayer burden and allow for more investment.”

In other words, it’s pure socialism and it’s really all a dream. Here is a dose of common sense: Mother Nature controls the climate. I find it hilarious that humans think we have this ability to control everything. What are you going to do? Yell at the sky and tell Mother Nature to change? Humans are a small blip in earth’s history and climate has always changed. It will continue to change. Humans can survive by adapting.

I mean, this is ridiculous.

Yes, a guaranteed job for everyone. From The Hill:

The resolution asks the select committee to take into account historic racial, gender, economic and other inequalities and consider including programs like basic income and universal healthcare, while having labor unions take a leading role in implementation.

“What she asks for in this manifesto goes beyond decarbonization and gets into a progressive wishlist to fix what they perceive as all that ails society,” [Institute for Energy Research President Tom] Pyle said.

It’s a Long Shot

Timothy Cama wrote in The Hill that the resolution doesn’t mention how America “should wean itself off of non-renewable sources” nor does it have a price tag:

Such a dramatic energy transition would undoubtedly come with an exorbitant price tag. It would involve a massive build-out of new electric generation, transmission and storage, and it would likely necessitate new technologies, particularly for storage, since wind and solar cannot always generate power at all times of the day.

The United States got only 17 percent of its electricity last year from renewable sources, with 7.5 percent coming from hydropower, according to the Energy Information Administration.

While some cities, states and countries have set goals to completely switch to renewables, real-world deployments are practically nonexistent at this point.

And since the Green New Deal hasn’t been fleshed out, no comprehensive cost analysis exists.

A back-of-the-envelope calculation by Christopher Clack, a physicist who has studied rapid deployments of renewables, estimated that building out the generating capacity alone would cost at least $2 trillion.

“It’s a daunting task, and I’m not sure that the authors of the Green New Deal fully comprehend how much they’ll need,” he said.

From Fox News:

Institute for Energy Research president Tom Pyle was more blunt: “One hundred percent renewable energy defies the laws of physics. It would be impossible to achieve.”

And Paul Bledsoe, a strategic adviser at the Progressive Policy Institute, said progressives were overcompensating. “I understand the value of aspirational goals,” Bledsoe said. “My personal view is, that undermines the credibility of the effort.”

Even Speaker of the House Nancy Pelosi (D-CA) brushed it aside:

The California Democrat did agree to launch a select committee on climate change, similar to the one she created back in 2007, when she first became speaker. Pelosi said Wednesday, however, the panel would not be tasked with writing a specific bill, and brushed off the idea of the Green New Deal as a “suggestion.”

“It will be one of several or maybe many suggestions that we receive,” Pelosi said. “The green dream or whatever they call it, nobody knows what it is, but they’re for it right?”

Pelosi has long championed stronger environmental rules, and described climate change as her “flagship” political issue.

 
 
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