Green New Deal

Author: Magnus Haw
Last updated: Feb. 24, 2019, 8:55 p.m.

[Taken from Wikipedia]

The Green New Deal (GND)[1][2] is a set of proposed economic stimulus programs in the United States that aim to address climate change and economic inequality.[3][4] The name refers to the New Deal, a set of social and economic reforms and public works projects undertaken by President Franklin D. Roosevelt in response to the Great Depression.

Representative Alexandria Ocasio-Cortez and Senator Ed Markey released a fourteen-page resolution[84] for their Green New Deal on February 7, 2019. The approach pushes for transitioning the United States to use 100% renewable, zero-emission energy sources, including investment into electric cars and high-speed rail systems, and implementing the "social cost of carbon" that has been part of Obama administration's plans for addressing climate change within 10 years. Besides providing new jobs, this Green New Deal is also aimed to address poverty by aiming much of the improvements in the "frontline and vulnerable communities" which include the poor and disadvantaged people. To gain additional support, the resolution includes calls for universal health care, fair minimum wages, and preventing monopolies.