Markey and AOC Reintroduce Green New Deal: Senator Edward Markey and Representative Alexandria Ocasio-Cortez reintroduced the Green New Deal last week. Here’s what both sides are saying. To have stories like this and more delivered directly to your inbox, be sure to sign up for our newsletter. Photo Credit: Ståle Grut, CC 2.0
Story: Markey and AOC Reintroduce Green New Deal
Zak Hudak, writing for CBS News, reports: “Senator Edward Markey and Representative Alexandria Ocasio-Cortez reintroduced the Green New Deal [last week], two years after it first became a progressive wish list for Democrats and a prime point of attack for conservatives.
In addition to the non-binding resolution, progressives are expanding that proposal into a broader package of bills that is likely to test where the Democratic party’s ideals stand.
The original proposal set an objective of the country taking on a ‘leading role’ in helping the planet reach net-zero emissions by the year 2050. To reach that lofty goal, the plan called for the US to wean itself off of fossil fuels and create high-paying green energy jobs.”
Here’s what both sides are saying about the progressive climate agenda:
On The Left
The left sees an opportunity for the government to create the incentives necessary for the private sector to transform the US economy.
Scott Minerd calls the Green New Deal “laudable” in the LA Times, writing that it would “do nothing less than reinvent vast swaths of the US economy.” He wants it implemented through “private sector incentives” that favor clean energy instead of as a New Deal era big government program. Minerd documents two types of subsidies to the fossil fuel industry: direct and indirect. While direct subsidies are relatively small, the indirect subsidies in the form of externalities (the pollution cost imposed on the population at large) are “staggering.” He proposes a revenue-neutral carbon tax to correct for this. When all is said and done, Minerd predicts “new opportunities” that “more than offset” the “losses with the transition to a carbon-neutral economy.” Keep reading: A successful Green New Deal will need private partners.
On The Right
The right sees policies that will merely raise costs and increase federal control with minimal environmental impact.
In Spiked, Joel Kotkin quotes Alexandria Ocasio-Cortez’s former chief of staff and architect of the Green New Deal, who said rather than considering the proposal environmental legislation, “We really think of it as a how-do-you-change-the-entire-economy thing.” Kotkin accuses green advocates of prophesying an “imminent climate disaster” for over a generation, one that requires “extreme action” to rescue the “future of humanity.” He explores the futility and economic inefficiency of various proposals, citing “places like California, Germany, as well as the EU, that have made dramatic moves towards a ‘renewable’ energy policy…[and now] suffer higher prices and rising levels of ‘energy poverty.’” Kotkin cites a study by a European institute showing “30 million Europeans cannot adequately heat their homes this winter,” and claims the biggest beneficiaries of these climate policies are “Wall Street and Silicon Valley oligarchs,” who will take advantage of this “opportunity for profiteering.” Keep reading: The Green New Deal will impoverish America.
Flag This: Markey and AOC Reintroduce Green New Deal
“In a nationwide public opinion poll by The Washington Post and the Kaiser Family Foundation (KFF) this past summer, more than 3 in 4 Americans had heard little or nothing about the Green New Deal.” Within that, nearly 6 in 10 of those familiar opposed it. Of all adults, 20% support, 20% oppose, and the rest are unfamiliar.
Flag Poll: Markey and AOC Reintroduce Green New Deal
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