Green New Deal Will Stifle Green Energy Innovation, Expert Says
The Washington Free Beacon referenced Alex Brill’s recent op-ed talking about the costs of the proposed Green New Deal.
“AEI resident fellow Alex Brill explained last week that regardless of cost, the unintended consequences of the Green New Deal are ‘the worst imaginable.’
Brill writes that the Green New Deal’s financing through bureaucratic funding schemes could ‘inhibit clean technology and energy efficiency innovation,’ because grants will ‘inevitably be earmarked for investments that can be defined using only tools and technologies already at hand.'”