Vermont Senator and 2020 hopeful Bernie Sanders unveiled his $16 trillion plan to combat climate change earlier this month; a proposal that analysts say would nationalize nearly one third of the entire American economy.
“Atop our existing government spending, comprising some 40% of GDP, the Vermont Senator wouldn’t just nationalize one-fifth of the economy with a ‘Medicare For all’ bill eliminating private health insurance. Under his Green New Deal plan, he would also nationalize most of the energy sector,” reports the Washington Examiner.
“At a mere $16.3 trillion, the Sanders plan would go beyond simply spending measures to increase climate-focused research and development. It would literally centralize the means of domestic energy production,” adds the Examiner.
“What we need to do is have an aggressive federal government. You can’t nibble around the edges anymore. We need to transform our energy system, that means a massive increase in sustainable energy,” Sanders told MSNBC.
— RNC Research (@RNCResearch) August 23, 2019
“Climate change is a global emergency. The Amazon rainforest is burning, Greenland’s ice shelf is melting, and the Arctic is on fire. People across the country and the world are already experiencing the deadly consequences of our climate crisis, as extreme weather events like heat waves, wildfires, droughts, floods, and hurricanes upend entire communities, ecosystems, economies, and ways of life, as well as endanger millions of lives. Communities of color, working class people, and the global poor have borne and will bear this burden disproportionately,” writes Sanders.
The proposal aims to: Create a climate justice resiliency fund, decarbonize the shipping industry, replace all shipping trucks, end greed in our energy system, and expand the climate justice movement.
“The scope of the challenge ahead of us shares similarities with the crisis faced by President Franklin Delano Roosevelt in the 1940s. Battling a world war on two fronts—both in the East and the West—the United States came together, and within three short years restructured the entire economy in order to win the war and defeat fascism. As president, Bernie Sanders will boldly embrace the moral imperative of addressing the climate crisis and act immediately to mobilize millions of people across the country in support of the Green New Deal. From the Oval Office to the streets, Bernie will generate the political will necessary for a wholesale transformation of our society, with support for frontline and vulnerable communities and massive investments in sustainable energy, energy efficiency, and a transformation of our transportation system,” adds the statement.