Democrats launch 10-year 'Green New Deal' for clean energy

[Eugene]

Source: Reuters

SUSTAINABLE BUSINESS FEBRUARY 7, 2019 / 6:22 AM / UPDATED AN HOUR AGO

Democrats launch 10-year 'Green New Deal' for clean energy

Valerie Volcovici
3 MIN READ

WASHINGTON (Reuters) - Rising Democratic star Rep. Alexandria Ocasio-Cortez and Democratic Senator Ed Markey on Thursday laid out the goals of a Green New Deal to achieve net-zero greenhouse gas emissions in 10 years, setting a high bar for Democrats who plan to make climate change a central issue in the 2020 presidential race.

The resolution is the first formal attempt by lawmakers to define the scale of legislation to create large-scale government-led investments in clean energy and infrastructure to transform the U.S. economy.

“The Green New Deal fully tackles the existential threat posed by climate change by presenting a comprehensive, 10-year plan that is as big as the problem it hopes to solve while creating a new era of shared prosperity,” according to a summary of the resolution released by the lawmakers on Thursday.

Ocasio-Cortez said she will immediately begin to work on legislation that would “fully flesh out the projects involved in the Green New Deal.”

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Read more: https://www.reuters.com/article/us-usa-climate-greennewdeal/democrats-launch-10-year-green-new-deal-for-clean-energy-idUSKCN1PW16I