That is 55% of the entire GDP of the USA.
2020 hopeful Elizabeth Warren has released her plan for a $10.7 trillion Green New Deal. On Friday, the Massachusetts senator laid out her proposal, which included a complete infrastructure overhaul with the goal of 100 percent clean energy by 2035.
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To achieve this, Warren is advocating for all new cars – including public transit vehicles, big rigs and more – to have zero emissions by 2030. She shared plans for a similar overhaul of all homes and buildings across the nation, as well as the country’s water infrastructure.
Warren said she plans to pay for the program federally and through establishing a ‘green bank’ with a substantial bonds program.
“We’re going to rebuild our infrastructure for 21st century and for better resilience,” she said. “We’re going to make changes as a country in conservation…and bring down the carbon that’s already in the atmosphere.”
Critics said the initiative fails to safeguard fossil fuel industry workers or provide a sufficient funding plan.