Clean air, water, land, food, energy and more. What’s not to like about something that gives so much and pays dividends every step of the way!
Wouldn’t it be great if everyone in the world stops, gets educated on the Green Deal and realizes this is a winning proposition for every living person alive now and those ahead of us? Of course, this is real life yet the very young, adult and even seniors get it and are on-board for the hope, promise and prosperity it promises. Also, the alternative is a dead planet if we don’t act now.
And this is not an experiment. We have seen hundreds of thousands of examples in Green buildings, clean energy from the sun, wind and new technologies. We have witnessed it in new Green transportation with electric bikes, cars and boats. And are witnessing it now.
It’s here, the timing could not be better as the small and big Green deals fold out for a Greener planet!
GREEN NEW DEAL
The Green New Deal – in Summary
Representative Ocasio-Cortez’s Green New Deal initiative is the single most ambitious and potentially transformative national project since Franklin Roosevelt’s original New Deal and World War II economic mobilizations.
The Green New Deal includes investments not only in communities and public infrastructure but also in private industry to enable a sweeping transformation of our entire economy – with the public receiving appropriate ownership stakes and returns on its investments.
The plan calls and enables our whole society to participate in a single great national aim: the rapid transition to a forward-looking society of broad opportunity, equal justice, productive prosperity, and environmental sustainability.
The Green New Deal has five goals:
Achieve net-zero greenhouse gas emissions through a fair and just transition for all communities and workers;
Create millions of good, high-wage jobs and ensure prosperity and economic security for all people of the United States;
Invest in the infrastructure and industry of the United States to sustainably meet the challenges of the 21st century;
Secure for clean air and water, climate and community resilience, healthy food, access to nature, and a sustainable environment for all;
Promote justice and equity by stopping current, preventing future, and repairing historic oppression of frontline and vulnerable communities.
A national mobilization of the size and scale of the Green New Deal presents an unprecedented opportunity to not only combat the climate crisis, but to eliminate poverty in the United States and to make wealth, prosperity, and security available to every person who participates in the transition. Thus, the goals of the GND represent both what is needed to effectively address climate change and what is needed to transform our current economy to one that is just, prosperous, sustainable for all Americans.
The Green New Deal brings together into one coherent whole a multitude of interlocking, complementary, and critically-necessary projects, all of which contribute to the goals of the GND. These projects include, among others:
Replace or upgrade every U.S. building to achieve maximal energy efficiency, water efficiency, safety, and durability. Properly designed, this project would create millions of new high wage jobs in every community and will be designed to foster ownership by communities, with the work being done by local firms, organizations, and co-ops. The project must also make startup capital available to people who want to form new firms and co-ops, and take care to invest especially in communities that have been denied capital and development for generations.
Meet 100 percent of our power demand through clean, renewable, and zero-emission energy sources by dramatically expanding and upgrading existing renewable power sources and deploying new capacity. This will only be possible with massive public investments into domestic wind turbine and solar cell industries and others.
Make massive investments into U.S. manufacturing industries to remove pollution and greenhouse gas emissions. Because these investments generate incalculable public benefits not capturable by private profits, only the public can rationally undertake them.
Overhaul U.S. transportation systems to eliminate pollution and greenhouse gas emissions, by investing in zero-emission vehicle infrastructure and manufacturing, as well as clean, affordable, and accessible public transit and high-speed rail.
Financing the Green New Deal
The Green New Deal will be funded as all other ambitious American projects have been, including public works, bank bailouts, wars, and tax cuts: through carefully targeted, Congressionally-authorized spending. But in the Green New Deal, public investments will be compensated, be it through equity stakes or other appropriate returns on investments.
As the post-2008 consensus among serious economists and financiers affirms, this does not require “new taxes” as inflation is nonexistent. And since (a) well over $5 trillion in tax cuts and war expenditures in recent years have not triggered inflation, (b) the Fed is still struggling to get inflation consistently up to its 2% target, and (c) the Green New Deal will produce new goods and employment to keep pace with and absorb new expenditures, there is no more reason to let fear about financing halt progress here than there was to let it halt wars or tax cuts.
The Green New Deal also will improve on the New Deal and the Second World War economic mobilization. These mobilizations, though they generally brought progress and improvements to American life, also were marred by compromises made with conservative politicians to obtain Congressional cooperation and sometimes egregious violations of human and civil rights. Injustice can not be the price we pay for a green economy. The Green New Deal projects must be designed from the start to ensure justice and equality for all.
The Green New Deal is Possible and Practical
With 325 million amazing people and the world’s largest and most advanced industrial economy in the world, it simply cannot seriously be said that the Green New Deal projects are not achievable for the United States of America. But for too many decades fear and complacency has kept our leaders – and our nation – frozen. . The result is malaise and stagnation, with wealth concentrating ever more densely at the top, poverty overwhelming the bottom, and insecurity menacing the middle. Meanwhile, climate change threatens humanity and most forms of life with extinction. All we’ve awaited throughout this decline is good faith, clear vision, and passionate leadership.