The Green New Deal is a 10-year plan to create a greenhouse gas neutral society that creates unprecedented levels of prosperity and wealth for all while ensuring economic and environmental justice and security.The Green New Deal achieves this through a World War 2 scale mobilization that focuses the robust and creative economic engine of the United States on reversing climate change by fully rebuilding our crumbling infrastructure, restoring our natural ecosystems, dramatically expanding renewable power generation, overhauling our entire transportation system, upgrading all our buildings, jumpstarting US clean manufacturing, transforming US agriculture, and putting our nation’s people to work doing what they do best: making the impossible possible.
We have tried their approach for 40 years. For 40 years, we tried to let the private sector take care of it. The said “We got this. We can do this. The forces of the market are going to force us to innovate.” Except for the fact that there’s a little thing in economics called externalities. And what means is that a corporation can dump pollution in the river and they don’t have to pay for it, and taxpayers have to pay for cleaning up our air, cleaning up our water, and saving the planet. And so we’ve already been paying the costs, except we have not been getting any of the benefit. And so what we’re here to say is that government is not just for cleaning up other people’s mess, but it’s also for building solutions in places where the private sector will not.