Costs of the Green New Deal

Alex Brill | The Hill

With the government reopened (at least for now), Speaker Nancy Pelosi is poised to begin advancing her party’s policy agenda. High on the list will be the loosely-defined Green New Deal, a federal spending program that will cost $2 trillion, $5.7 trillion, or more, and move the electric power sector to complete reliance on renewable energy sources. (According to Rep. Alexandria Ocasio-Cortez, the Green New Deal would include basic income programs and universal health care programs, further escalating the cost. But those are beyond the scope of this article.)

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