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Dramatically expand existing renewable power sources and deploy new production capacity with the goal of meeting 100% of national power demand through renewable sources;
(i) building a national, energy-efficient, “smart” grid;
(ii) upgrading every residential and industrial building for state-of-the-art energy efficiency, comfort and safety;
(iii) eliminating greenhouse gas emissions from the manufacturing, agricultural and other industries, including by investing in local-scale agriculture in communities across the country;
(iv)eliminating greenhouse gas emissions from, repairing and improving transportation and other infrastructure, and upgrading water infrastructure to ensure universal access to clean water;
(v) funding massive investment in the drawdown of greenhouse gases;
(vi) making “green” technology, industry, expertise, products and services a major export of the United States, with the aim of becoming the undisputed international leader in helping other countries transition to completely greenhouse gas neutral economies and bringing about a global Green New Deal.
(B) The Plan for a Green New Deal (and the draft legislation) shall recognize that a national, industrial, economic mobilization of this scope and scale is a historic opportunity to virtually eliminate poverty in the United States and to make prosperity, wealth and economic security available to everyone participating in the transformation. In furtherance of the foregoing, the Plan (and the draft legislation) shall:
provide all members of our society, across all regions and all communities, the opportunity, training and education to be a full and equal participant in the transition, including through a job guarantee program to assure a living wage job to every person who wants one;
diversify local and regional economies, with a particular focus on communities where the fossil fuel industry holds significant control over the labor market, to ensure workers have the necessary tools, opportunities, and economic assistance to succeed during the energy transition;
require strong enforcement of labor, workplace safety, and wage standards that recognize the rights of workers to organize and unionize free of coercion,
It’s not just that drastic action is needed. The basic idea of a New Green Deal is wildly popular. There was 70 percent support for “Green New Deal — Millions Of Clean-Energy Jobs” in the “Big Ideas” poll commissioned by the Progressive Change Institute in January 2015. This year, Data for Progress advanced its own, more detailed Green New Deal Plan, with polling showing related political appeal: In Pennsylvania, Michigan and Wisconsin — key to Trump’s 2016 election — voters were more, rather than less, likely to support a candidate "who supports moving the United States to 100 percent renewable energy by 2030" by 32, 27 and 26 points, respectively.
How will the government pay for these investments? Many will say, “Massive government investment! How in the world can we pay for this?”
The answer is: in the same ways that we paid for the 2008 bank bailout and extended quantitative easing programs, the same ways we paid for World War II and many other wars. The Federal Reserve can extend credit to power these projects and investments, new public banks can be created (as in WWII) to extend credit and a combination of various taxation tools (including taxes on carbon and other emissions and progressive wealth taxes) can be employed.
In addition to traditional debt tools, there is also a space for the government to take an equity role in projects, as several government and government-affiliated institutions already do.
AOC can roll this plan into a tight cylinder and shove it.
originally posted by: eXia7
Definitely sounds like we'd be on the hook to the central bank even more so than we are now.
No thanks. These ideas are great, but they would have to start at a local level and be run by local governments and citizens that want it to work.
originally posted by: CriticalStinker
I call dibs if she needs help.
I have read it here, that democrats are so far left now they are making republicans look center left.
originally posted by: TonyS
I guess, as I muse over this, it occurs to me that you can dodge the future for only so long.
(ii) upgrading every residential and industrial building for state-of-the-art energy efficiency, comfort and safety;
....
The Plan for a Green New Deal (and the draft legislation) shall recognize that a national, industrial, economic mobilization of this scope and scale is a historic opportunity to virtually eliminate poverty in the United States and to make prosperity, wealth and economic security available to everyone participating in the transformation.
provide all members of our society, across all regions and all communities, the opportunity, training and education to be a full and equal participant in the transition, including through a job guarantee program to assure a living wage job to every person who wants one;
originally posted by: Blaine91555
It would not be possible to raise taxes high enough to put a dent in what that would cost. The bottom 50% would have to be heavily taxed to even come close. The middle class would have to be hit so hard, it would bring them to their economic knees and even taxing the top 5% a 100% would not make a difference.
Socialism! It's not like she or Sanders or many of the left's new blood have tried to hide their adoration and worship of socialism lately.
originally posted by: tinner07
a reply to: burdman30ott6
Socialism! It's not like she or Sanders or many of the left's new blood have tried to hide their adoration and worship of socialism lately.
Nor has trump lacked his admiration of dictators. You should have included that in your admonishment of them... unless you are ok with that.