Progressive advocates propose $2T ‘green stimulus’ plan
Progressive activists are proposing a “green stimulus” plan that would aim to boost the economy through the implementation of environmental reforms in various sectors.
The advocates and academics behind the plan outlined their at least $2 trillion proposal that aims to accelerate the transition away from fossil fuels and create “green jobs” in an open letter to Congress posted Sunday.
The proposal includes certain elements of the Green New Deal, a broad policy framework that seeks to mobilize the U.S. economy to fight climate change.
It comes amid projections that the U.S. has fallen into a recession and that unemployment may increase dramatically as businesses shutter during the coronavirus pandemic.
It also comes as senators are in tense negotiations over a stimulus package. Senate Majority Leader Mitch McConnell (R-Ky.) criticized Democrats on Monday over their demands for the stimulus, describing their proposals as a political “wish list” that he said includes tax deductions for solar and wind energy, measures for organized labor and emissions standards for airlines.
The activist proposal aims to make changes to areas including housing, transportation, manufacturing, energy and farming.
Specifically, it would seek to create jobs in clean energy expansion, making modifications to buildings to make them more efficient and building electric vehicles, among other areas.
The proposals draw on ideas from several Democratic presidential primary campaigns, including Washington Gov. Jay Inslee, former Housing and Urban Development Secretary Julián Castro, billionaire climate activist Tom Steyer and Sens. Bernie Sanders (I-Vt.), Elizabeth Warren (D-Mass.), Corey Booker (D-N.J.), Kirsten Gillibrand (D-N.Y.) and Kamala Harris (D-Calif.).
Passing the the plan is likely to be an uphill battle. Even if Democratic lawmakers were to sign on, it would still face the Republican-led Senate and the Trump White House.
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