Cost Estimate for the Green New Deal ( The Green Bad Dream ! )

"Alexandria Occasionally Coherent's"

Green New Deal ( Green Bad Dream )

seems to me like a plan to destroy 

US capitalism in a decade.

Even worse, if you believe CO2 is evil

( based on real science, I do not),

the huge infrastructure build of 

solar panels and windmills, would 

temporarily increase US CO2 emissions.

And if China, India, etc. did not have their

own "Green Bad Dream" ( I assume they 

are not that stupid ), total global CO2

emissions would continue to RISE ! 

Three of my February 2019 articles 

on the Green Bad Dream, from a 

climate science point of view: 

https://elonionbloggle.blogspot.com/2019/01/alexandria-ocasio-cortezs-green-new.html


https://elonionbloggle.blogspot.com/2019/02/a-simple-explaination-of-why-green-bad.html


https://elonionbloggle.blogspot.com/2019/02/100-solar-wind-and-hydro-power-are-not.html

I had no idea what the Green Bad Dream 

would cost over ten years, but guessed at

$30 to $60 trillion.

A think tank, run by former CBO director 

Douglas Holtz-Eakin, estimated that

implementing the plan in full 

may cost the US economy 

a staggering $51 to $93 trillion 

over ten years.

The GND calls for a dramatic expansion 

of the welfare state by implementing 

a jobs guarantee, food and housing security, 

and a variety of other social justice initiatives.

Douglas Holtz-Eakin claims elimination 

of carbon emissions would only cost

$10 trillion, which I believe is far

too low.

It would cost over $10 trillion just to replace

all the cars, trucks and busses 

that would become obsolete, 

when gasoline, diesel fuel and

natural gas were no longer available.

Expansion of entitlement programs 

would generate the most expenses.

The so-called Green New Deal 

may cost between 

$51 trillion and $93 trillion 

over 10-years, concludes 

American Action Forum, 

run by Douglas Holtz-Eakin, 

who directed the non-partisan 

Congressional Budget Office

from from 2003 to 2005.

That includes 

$8.3 to $12.3 trillion 

to eliminate 

carbon emissions 

from the power and 

transportation sectors

And $42.8 to $80.6 trillion 

for its economic agenda

including providing jobs 

and health care for all.

"It’s further expansion 

of the federal government’s role 

in some of the most basic decisions 

of daily life, however, would likely 

have a more lasting and damaging

 impact than its enormous price tag."