Leading economists threw more cold-water on the Democrats’ ‘Green New Deal’ climate-change proposal this week; saying it would likely cost $70,000 per household within the first year of implementation.
“The study, released jointly by the Competitive Enterprise Institute (CEI) and Power the Future on Tuesday, looked at a wide swath of data to estimate how transforming the energy sector — which includes de-carbonizing transportation and retrofitting U.S. commercial and residential buildings — would affect the average household in five representative states,” reports Fox News.
“Within the first year of implementing the program, the average household in each of the given states (Alaska, Florida, New Hampshire, New Mexico, Pennsylvania) would incur at least $70,000 in expenses — followed by roughly $45,000 in annual expenses for each of the following 2-5 years and over $37,000 after that time frame,” adds Fox.
Failing Democratic presidential candidate Kirsten Gillibrand unveiled her own version of the ‘Green New Deal’ Thursday; pledging $10 trillion to fight climate change over the next ten years if elected in 2020.
“Polar ice and glaciers are melting at a rapid pace. Heavy rains are causing catastrophic flooding in the Midwest, leaving farms submerged and homes and businesses destroyed. Changes in our oceans are disrupting fisheries and killing coral reefs. Droughts and wildfires are threatening communities across the West, and extreme weather is leaving millions of people without homes and causing billions of dollars in damage every year,” writes Gillibrand.
“The scientific community is telling us that we only have a short amount of time to act if we’re going to prevent the most catastrophic and irreversible damage in the future. But President Trump refuses to even acknowledge that human-caused climate change is happening,” she adds.
“Climate action should be this generation’s moonshot. To save our planet, the energy, talents, and commitment of every American will be required, from our farmers and workers to our scientists and entrepreneurs. The next president has to be willing to take bold leaps to lead this effort and stand up to the climate change deniers, polluters, and oil and gas special interests. I will, because we can’t afford not to,” concludes Gillibrand.
The man plan “mobilize” $10 trillion in funds to achieve “net-zero” carbon emissions; forcing climate “polluters” to pay stiff fines and penalties.
Read the full report at Fox News.
GREEN NEW STEAL: Dem Senator Says Socialism Means ‘Increasing Living Standards’ for Seniors
Democratic Sen. Jeff Merkley defended the concept of American socialism from President Trump’s scathing critique this week; saying liberal policies are simply seeking to “increase the living standard of our seniors.”
Merkley was speaking with CNN’s Erin Burnett when she asked the left-wing legislator to comment on President Trump’s State of the Union address where he claimed America “will never be a socialist” country.
“Well, it is a society coming together to increase the standard of living of our seniors, and that is pretty much the definition. And the president’s attacking it,” Merkley said.
'WORST MAYOR EVER': Bill De Blasio MOCKED at ‘Green New Deal’ Rally Inside Trump Tower
Big Apple Mayor Bill de Blasio was publicly mocked during a rally inside Trump Tower over the weekend; with countless protesters panning his decision to “ban” future construction of “classic” glass and steel skyscrapers.
“New York City Mayor Bill de Blasio faced a crowd of angry protesters Monday at a raucous rally promoting the city’s Green New Deal inside the lobby of Trump Tower, where the Democrat threatened President Trump’s family company with millions of dollars in fines if his buildings don’t comply with new environmental standards,” reports Fox News.
Scene in lobby of Trump tower as Trump supporters try to drown out de Blasio rally with signs saying “worst mayor ever” pic.twitter.com/5xo7wYpHKI
— Melissa Russo (@MelissaRusso4NY) May 13, 2019
“Speaking in front of the same escalators where Trump launched his 2016 campaign, de Blasio blasted the president’s rollback of Obama-era environmental policies, his move to pull the United States out of the Paris Climate Agreement and his appointment of climate change skeptics to the Cabinet,” adds the article.
“His buildings are one of the biggest polluters in New York City,” de Blasio said. “Cut your emissions or we’ll cut something you really care about.”
Read the full report at Fox News.