Source: Washington Examiner

“At its core, the Green New Deal is a measure aimed at eliminating all fossil fuel and nuclear energy and ‘meeting 100 percent of national power demand through renewable sources’ within just a 10-year time frame, according to a draft legislative text. ‘By developing a plan for a Green New Deal, we have an opportunity to create millions of good-paying jobs, virtually eliminate poverty in the United States, and invest in a just transition for communities that have been left behind by racism and corporate greed,’ insists Varshini Prakash, founder of the Sunrise Movement. Behind the rhetorical smokescreen, the ugly truth is that a mandatory shift to higher-cost solar and wind energy before the market is ready to support those, as the Green New Deal does, would serve as a regressive tax on the poor….Of course, the Green New Deal championed by Rep. Ocasio-Cortez goes well beyond how power plants generate electricity. It would also include trucks that transport food and cars that take Americans to work. This makes its impact even more dramatic. Just ask France how well skyrocketing gas and diesel prices have worked out for its working class….Far from a cure for poverty, the Green New Deal is a prescription for even more of it.”

 

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