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The Green New Deal is awful but unlikely
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The Green New Deal is awful but unlikely

“The adverse economic effects of a net-zero policy, even in its narrower dimension, would be huge, emerging sooner rather than later, and carrying with them serious political impacts. My estimate of the direct cost of only the electricity component of the Green New Deal is about a half trillion dollars per year, or about $4,000 annually per U.S. household, and that is based on a set of highly conservative assumptions.”

October 20, 2020November 9, 2020AEI in Policy

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