A new study has found that socialist Rep. Alexandria Ocasio-Cortez’s so-called “Green New Deal” would have almost zero impact on climate change.
The results of the American Enterprise Institute study are so brutal to AOC’s claims, the authors say the plan should not even be “taken seriously.”
“The GND’s central premise is that such policies — either despite or by reducing sharply the economic value of some substantial part of the US resource base and the energy- producing and energy-consuming capital stock— would increase the size of the economy in real terms, increase employment, improve environmental quality, and improve distributional equity,” the study states.
The study continues: “That is a ‘broken windows’ argument: The destruction of resources increases aggregate wealth. It is not to be taken seriously.”
Even if America was able to achieve the impossible and implement the unrealistic deal, the study determined that AOC’s plan would cut the global increase in temperature by "0.083 to 0.173 degrees,” which is "barely distinguishable from zero.”
“The GND at its core is the substitution of central planning in place of market forces for resource allocation in the US energy and transportation sectors narrowly and in the broad industrial, commercial, and residential sectors writ large. Given the tragic and predictable record of central planning outcomes worldwide over the past century, the GND should be rejected,” the study concludes.
AOC will surely be furious as she is one the alarmist Democrats who claim the world has just 12 years to address climate change in a meaningful way or the world as we know it will come to an end.
"Climate change is here + we’ve got a deadline: 12 years left to cut emissions in half," she recently tweeted. "A #GreenNewDeal is our plan for a world and a future worth fighting for."
She also included a cartoon that predicts that her plan would save the entire world.