Question

we have gone over the provisions of the “Green New Deal” as authored by Rep. Alexandria...

we have gone over the provisions of the “Green New Deal” as authored by Rep. Alexandria Ocasio-Cortez. Do some original research and summarize the goals of the legislation. The estimate I have heard of the costs of these proposals was c. $93 Trillion: does that amount of money seem excessive, or are you in agreement with the students who confronted Sen. Diane Feinstein that the consequences of Climate Change are so dire that no amount of expenditure is too much?

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Answer #1

Great New Deal is provisioned as economic stimulus program in US to deal with issues like Climate Change and economic inequality

The deal is aimed at 3 main principles namely

  • Decarbonization
  • Jobs
  • Justice

The economic benefits far more exceed than econimic cists of this programme stated at 93Trillion dollars asClimate Change can save economy from wide spread disasters and save economy from unemployment as well as bring income equality and thus help economic growth in ling run.

AS per estimated values from reports released by Ipsos and various independent government agencies the total benefits exceed beyond 150 trillion dollars post 2030 which is great deal of investment .

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