GREEN NEW DEAL: A CRAZY, EXPENSIVE MESS
The "Green New Deal" being proposed by some House Democrats for force a premature transition from fossil fuels to 100 percent renewable energy would cost trillions, and it ignores the rest of the world’s contribution to climate change.
This study by the Senate Republican Policy Committee reports the “Green New Deal” proposed by House Democrats to force the United States to transition to 100 percent renewable power by 2030 sets an impossible goal. But the attempt to do so and reach carbon neutrality by 2030 would mean closing prematurely every nuclear, coal, and natural gas plant, destroying trillions of dollars in capital assets and costing millions of jobs. “The Green New Deal’s job guarantee would replace productive work with federally backed make-work jobs, distorting the labor market and hurting private businesses,” says the report.