Forty-Four Things You Should Know about the Green New Deal | Intellectual Takeout
"On Feb. 7, US Rep. Alexandria Ocasio-Cortez and US Sen. Ed Markey introduced legislation known as the Green New Deal.
You’ve probably heard of it.
It’s a big deal, to paraphrase Joe Biden.
...Have An Informed Opinion
...But here are
44 facts and reflections on the GND to consider:
1. The GND is necessary, we’re told, because global warming will cause “more than $500,000,000,000 in lost annual economic output in the United States by the year 2100.”
2. That’s a scary number. But even if we accept such a figure, it’s important to note, as Tim Worstall has, that we’re talking about .05 percent of the total US economy in 2100.
3. That
$500 billion price tag, in context, is rather small, then — at least compared to what AOC’s legislation would cost. Some estimates put the price tag at
$93 trillion..."
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