Democrats are reviving the Green New Deal in a bid to influence the implementation of the president’s tax-and-climate spending law to make it resemble the far-reaching proposal’s green principles.
The original Green New Deal co-authors — Rep. Alexandria Ocasio-Cortez of New York and Ed Markey of Massachusetts — refiled their legislation on Thursday to mark the fourth anniversary of its introduction.
“We said we are not going to take crumbs, that we need bold, big climate action, and we need it now. And that fight resulted in the largest piece of climate legislation in American history,” Ms. Ocasio-Cortez told reporters outside the Capitol. “We are showing how we can use the dollars secured in the Inflation Reduction Act to make this a reality.”
While it’s true Mr. Biden’s signature climate law marked a historic amount of federal spending to combat global warming — $370 billion in green energy tax credits over the next decade — the Green New Deal calls for far more drastic measures and an overhaul of how the U.S. economy would function. The Biden administration has taken far-reaching steps on climate change, such as proposing the strongest-ever vehicle emissions standards to force automakers to drastically cut back on the sales of gas-powered cars and boost electric vehicles.
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