Sens. Bernie Sanders, Liz Warren’s Former Advisers Helped Author A $2 Trillion Green Energy Stimulus Deal
Chris White Tech Reporter
March 24, 2020 8:04 PM ET
Sens. Bernie Sanders and Elizabeth Warren’s former advisers are involved in a plan to cajole Democrats into supporting a Green New Deal stimulus plan that will effectively overturn the U.S. economy, which is spiraling from coronavirus quarantines.
Dozens of activists and environmental policy advisers offered a plan Sunday that would turn the COVID-19 pandemic stimulus into a massive Green New Deal project. The project would require Congress take up a multi-billion stimulus package every year until the U.S. is free of oil.
The stimulus would be renewed “annually at 4% of GDP per year until the economy is fully decarbonized and the unemployment rate is below 3.5%,” a slew of environmentalists wrote in an open letter to Congress.
Daniel Cohen, a University of Pennsylvania professor who helped advise Sanders’s presidential campaign on environmental issues, is one of the chief authors alongside Ayana Elizabeth Johnson, a marine biologist who advised Warren’s campaign.
They want Congress to put up $850 billion per year until the economy is fossil-fuel free. (RELATED: Enviros Find What They Say Is The Silver Lining In The Coronavirus Outbreak)
U.S. House Speaker Nancy Pelosi (D-CA) REUTERS/Joshua Roberts
“They know a stimulus is coming, and they know it’s not a question of whether there will be a stimulus, but what kind of stimulus, how big, which parts of the economy, which priorities,” Cohen told E&E News Monday before suggesting that he is not pursuing “some partisan agenda.”
Cohen added: “We need to create jobs, and we know that a dollar in green spending is worth more jobs than a dollar in fossil fuels.”
The group’s letter comes after President Donald Trump railed against Democratic lawmakers for supposedly using green energy goodies to politicize a stimulus deal.
Speaker Nancy Pelosi introduced the House’s version of a stimulus bill, which included provisions for green energy tax credits and fuel emissions regulations for airlines. Her version would cost an estimated $2.5 trillion, almost two times the amount of Senate’s bill.
Both Pelosi’s version as well as a Republican version contain payments to American workers who were financially harmed by the government’s response to coronavirus. Senate Minority Leader Chuck Schumer supported the GOP’s bill Sunday but objected over a lack of protections against companies using bailout capital for stock buybacks.
Phase-three of the Senate stimulus plan would give $1,200 checks to every American, with married couples receiving $2,400. That check will go to Americans making less than $75,000 per year. Income earners who make above $99,000 would not receive any money.
Warren and Sanders, both of whom are Democrats, barnstormed the country during their respective 2020 presidential campaigns hoping to rally opposition to hydraulic fracking and fossil fuel production.
Warren, for her part, introduced a plan in June 2019 to ban new coal, gas and oil leases on public lands.
“They want Congress to put up $850 billion per year until the economy is fossil-fuel free”
If that’s what it takes to keep the shells of the ocean’s pteropods from dissolving, then so be it!
https://tambonthongchai.com/2020/03/26/remember-only-you-can-prevent-ocean-acidification/
Decarbonizing the U.S. economy at $850B-yr would do absolutely nothing to lower global emissions.
This fact is evidenced by the lack of effect that the current “Lock Down” in many countries has had on emission levels with the exception of NO2. Their vaunted “CC Poster Molecule”, the boogie man CO2, still continues to rise despite the economic disruption incurred
Apart from the ‘acid’ you possibly experimented with at school or college, do you have any idea of the alkalinity of the great oceans? Do you know what pH is and how shell fish adapt to a wide range of pH levels?
Thought not – now go and self isolate.
Its satire.
You didn’t bother to even look at his link did you?
Exactly! Chaamjamal has one of the best sites for factual information with detailed & thoughtful discussion on the nonsense of CAGW
Sorry Patrick. I should have added a sarc tag.
Not everyone knows you as well as we do.
Could a fossil-fuel free economy generate $850 bn/yr?
Possibly with DPF (DensePlasmaFocus),
or
https://www.youtube.com/watch?v=ZBInhPFFVog
[doubtless has been linked here on WUWT numerous times]
Of course, people will have to redefine their relationships, first. (sorry, I’ve been watching Altered Carbon online of late – more than a little dystopic)
I see the GMO Cotton in India has catastrophically failed – the aphids adapted.
Let’s Play G-d!
{so do I need the /sarc tag?}
If the $850 billion went to building nukes, we could replace the entire generating capacity of the U.S. in 8 years. In another 13 years, or 21 total, we could replace the entire energy infrastructure with nuclear electric (assuming we could substitute electric power in every application). It would be a sustainable economy.
Just look outside your door, this is the Green New Deal
3/24 seems like old news so quickly. But this is informative and they aren’t through yet. With the precautionary principle suddenly in massive ascendancy, they’re just getting started.
The fact that Senate Dems lined up unanimously on last nights vote puts the radical arm of the House in a bad, bad spot. I suspect the reason that Pelosi is waiting a day for the vote is so that she can be sure she doesn’t get embarrassed by passing the bill on a slim majority based on 100% Republican support and another 40 or 50 Democrats voting yes. If this thing doesn’t fly through the House with about an 80% majority then a lot of Dems are in for a world of hurt in November
..and then blame too much spending on Trump
If it’s good, we did it. If it’s bad, he did it.
So, advisors to losers have some sort of credibility wherein they advocate a $2 trillion Green Weenie Deal and anyone cares? I think I will advocate a $0 cost “Save Our Brothers and Sisters-the Birds and Bats” deal. The China Virus has thrown the political system into overdrive, but a unanimous vote in the Senate puts the response into perspective as the right track.
Step 1) Ban all energy exploration/production on Public Lands
Step 2) Eliminate private ownership of land.
Step 3) Declare ALL lands are now Public Lands.
No more Oil, Coal or GAS production
Step 4) The people revolt against against insane leadership that says ‘let them eat Sun’.
The freedom genie is out of the bottle and no matter how hard the Socialist/Communist Green factions try to impose centralized control that eliminates freedom, they will ultimately fail. Political blinders and a complicit MSM prevents many from recognizing the dangers of this pursuit. But, if the loony left ever gains control, this is their goal, the people will eventually notice and will surely revolt. The loony left has shown its hand as they attempted to fill the Covid-19 recovery bill with massive amounts of harmful green pork that would be worse for the economy than Covid-19 itself.
All of this green nonsense is based on unsustainable fake science that’s so wrong and corruptly motivated it’s an embarrassment to legitimate science. It will eventually become clear that given how destructive green policies are to our inalienable right to pursue happiness, any public official who reinforces the junk science to promote harmful regressive policy with no redeeming value should be found guilty of high treason.
“We need to create jobs, and we know that a dollar in green spending is worth more jobs than a dollar in fossil fuels.”
Yes, that’s because windmills and solar panels are so inefficient and worthless for generating baseload power 24-7-365.
Most “green jobs” are simply another tax levied on the whole economy. Every “green power” installation still has to be backed-up by reliable (fossil-fuel) generation capacity, so is not only worthless but damaging.
Why not pay half the unemployed to dig holes, and pay the other half to fill them?
Now that would create double the jobs 😉
It would be more efficient to just pay people to do nothing.
Oh wait, they are already talking about that:
https://www.thebalance.com/universal-basic-income-4160668
Better yet, you could pay the unemployed to pedal those bicycle generators to provide the power when the unreliables aren’t because the wind isn’t blowing and/or the sun isn’t shining. (need I add /sarc ?)
Hook up every exercise bike in every fitness gym to a generator and let people pay for the privilege of producing electricity. If they power the TV’s they are watching while they pedal, and the TV goes off whenever the pedaling slows down, maybe they would realize how much electricity it takes to power our civilization.
SR
I had a friend who is an entertainment guy, and he had this really cool idea to have bikes in his event that would power the sound system, and to reward the bikers it would create cool LED displays of growing plants.
I had to tell him that it took (from memory but close enough) half an hour or so to advance my iPhone charge from 0% to 5%, so I didn’t think the hardest pedaling could even power the display, let alone a sound system!
I mean it was a great idea if it only could have worked, but there you go. Interestingly enough, he still liked the idea even though it would require fossil fuel energy to actually implement!
There is one huge difference between left and right that I think explains a lot.
The left thinks it is sufficient to have ideas that mean well, that support the right folks who do the right things — even if the right people never achieve anything towards their goals. So a system that advocates non-polluting energy is great even if it actually produces more pollution than the status quo.
The right insists on actual progress towards the goal. This is much more difficult, but the right actually is not satisfied unless there is genuine progress.
This is a huge and important difference that I don’t think gets nearly enough attention.
Pournelle’s Iron Law of Bureaucracy
I’s not even true. Studies in places such have Spain show that green jobs cost job numbers in the economy.
Green liberals are a greater threat to the economy than the corona virus.
Life and liberty as well
The Democrats are going to try to pack every new bill with their pet projects, as they have done this time (and everytime a bill comes up). The president needs a line item veto. Or the Republicans need to grow a spine. Perhaps they can stiffen it in the future since this stimulus that will pass this week will tide us over for a while.
In the upcoming elections Republicans ought to run against the Democrat blackmail techniques that are being used to get their unrelated pork in bills, by telling the voters that if the voters give control of the House and Senate to the Republicans in November, the Repubicans will roll back all the Democrat port.
And Bernie Sanders should stay in the race right up to the convention because it looks to me like ole Joe is slipping badly, and obviously, and Bernie could end up being the choice instead of Biden.
I know some Democrats want New York Governor, Andrew Cuomo to run, but as of now, Bernie has a *lot* of votes and a lot of voters out there, and he has been through the process, and his voters will be very unhappy to see Biden go down, and Bernie not replace him. So If Andrew were to be the pick, he might have a lot of Democrat Bernie supporters sitting on their hands election night.
Stay in the race, Bernie. No telling what is going to happen with ole Joe stumbling.
The Democratic establishment will not allow Bernie to be the nominee. As you point out, there’s already talk of drafting Cuomo in a brokered convention. But I do fully agree with your wish for Bernie to not give in. The longer he’s in it the less likely the Bernie Bros will support the eventual nominee (be it sleepy creepy Joe or Fredo’s brother).
But one needs a really good, objective definition of pork.
The problem is, most voters benefit, to a greater or lesser extent, from the pork. And let’s be honest, the Republicans also insert pork into bills.
They could ask the voters what they thought about the Democrats inserting subsidies for wind and solar in a bill that was supposed to be focused on keeping people solvent while the Wuhan virus rages.
They could ask what a lot of the Democrat pork had to do with the Wuhan virus or holding people harmless from the consequences of trying to control the disease.
You can bet people are paying attention to all these machinations of the Democrats and they know how long the Democrats have kept them from getting the money they need. They still haven’t gotten paid, the Democrats are still dickering.
If I was hungry, I wouldn’t appreciate my money being held up even one more day, and I would be able to tell who was holding up the show.
I think the Democrats are going to pay for these partisan antics at the polls. They think they are pretty clever but maybe not for much longer.
Historically, pork is anything added to a bill as a bribe for a vote and is usually something specific to a small group of people and inexpensive relative to the cost of the bill. The nature of pork has changed and it’s now common place for the Democrats to overload every bill with as much of their otherwise unattainable agenda as possible and as demonstrated recently, even to the point where the pork is more costly than the bill. They’re either hoping something slips through or that it inspires Republicans to reject the bill where they can then claim Republicans don’t like whichever of their identity groups are helped by the the bill, which otherwise would have passed if not for the pork.
… it appears Bidden may have an on camera stroke (about a week ago, doing a live presentation after the primary win).
Biden froze at the very end of the presentation stood staring into the camera with a scared expression.
Everyone has waiting to see if he something to say. He did not move. It became uncomfortable.
Biden’s wife came up to potum, touch Biden sleeve to get his attention.
He moved, looked startled and then scared again, as if he was lost.
It is hard to watch some of his recent interview problems. He is a nice guy just doing his job and he has had a stroke.
Cuomo might be OK. A universe better than Sanders and Cuomo does have experience.
CAGW madness was possible because of the strong world economy.
If the world economy and the US economy do not restart completely, that will be the number one problem.
…and some good news.
A New York City physician, who treats mainly treats Hasidic Jews, has reported a 100% efficacy rate for treating Covid-19 using Hydroxychlorine. He said he has treated hundreds of his ill patients and all avoid a trip to the ICU. Not sure if his patient all had Covid.
http://notrickszone.com/#sthash.BlxTY2Yc.dpbs
According to two just-published studies in medical journals and one anecdotal report from a COVID-19 hotspot, at least 350 patients with the COVID-19 have been successfully treated with Hydroxychloroquine..
How did they determined that the recovery was due to the Hydroxychloroquin treatments and not simply the patient’s natural immune response?
The speed of the recovery.
Joe is not a nice guy. Just ask Clarence Thomas and Robert Bork.
“The stimulus would be renewed “annually at 4% of GDP per year until the economy is fully decarbonized and the unemployment rate is below 3.5%”
The above is an oxymoron statement, as fossil fuel derivatives account for more than 6,000 products in our daily lives. Without fossil fuels to drive the economy, we would need to have society accept the social changes to LIVE WITHOUT today’s: medications and medical equipment, tires, airlines, merchant ships, and all the electronics and communications systems that are made with petrochemical derivatives, just like societies lived BEFORE the 1900’s.
Socialism is the theory that if you take money from the people who earned it, and give it to people who promise to vote for you, you can improve everything.
The secret to our prosperity is productivity. If you just want to create jobs, you could have people dig ditches with spoons. link Of course, that kind of productivity would send us quickly back to the stone ages.
It seems obvious that a well paid job in the oil patch generates way more wealth than that generated by a windmill technician.
How do they know “that a dollar in green spending is worth more jobs than a dollar in fossil fuels”? Once you factor in all the jobs created in a prosperous economy generally, I bet the fossil fuel dollars generate way more jobs. I bet their justification works only by ignoring the economy as a whole.
Remember, these are the same guys who think that increasing the minimum wage is good for poor people.
Thomas Sowell makes the case so well that only the willfully blind can ignore it. link
It is so true that laws that are ostensibly for the protection of the public are actually intended to protect some folks from competition with other folks.
Yes, and both Warren and Sanders lost miderably in their respective presidential campaigns because they were pushing illogical crap like this!
I just wonder how we’re supposed to fly anywhere without jet fuel or how we’ll use our automobiles if fossile fuels are eliminated? Suspend both air and road travel?–electric planes are out of the question while electric cars are charged by power plants that use fossil fuels!
These eco-loons always foist their unobtainable vision of nirvana on the nation without logical consideration of the consequences unless, of course, their hidden agenda is actually to destroy our economy and significantly reduce the number of people who live here! So sneaky and subversive, all under the guise of “saving the planet”!
Insanity isn’t descriptive enough; evil is a more accurate explanation of their plan! Research who is funding these two corrupt politicians and it all makes sense!
The socialist/marxists are always there waiting in the wings, ready to take advantage of any emergency. They have the president between a rock & hard place — if he vetoes any C19 virus-bill (no matter what’s in it), he’ll be labeled a monstrous baby-k*ller.
beng135:
VETO AND SEND EVERYONE BACK TO WORK.
On the positive side, these proposals led Trump to come out strongly against windmills and other GND elements. Even more good news, Democrats quickly dropped these elements when polling showed the “public” strongly opposed their effort.
The best thing we can do is no stimulus. The banks and lenders will make deals with the businesses. The banks have no desire to get thousands of sets of keys to businesses they can’t begin to run. Nor do they want tons of apartment buildings and other assets. They will make deals on loan payments etc. to keep things going and the government won’t screw it up. This stimulus is a recipe for disaster.
“We need to create jobs, and we know that a dollar in green spending is worth more jobs than a dollar in fossil fuels.”
It’s not the government’s job to “create jobs”, or to pick winners and losers. It’s the government’s job to provide a framework so that the private sector can prosper, thus creating jobs.
Creating direct subsidies to “green” businesses is plain fascism.
Imagine if a portion of all of the research, planning, money, time, energy, and politicking that has been spent on green plans and climate change had been spent on a virus outbreak scenario such as this.
Now that we have a virus outbreak, the Dems was future mandatory spending directed towards green plans and climate change instead of preparing for another virus outbreak.
Here’s how to end the CO2 scare (even though it is bogus anyway)
Congress passes a law that says: “A new addendum to Patent law has been passed. Any individual human being, or any enterprise and its owners/investors, when granted a patent on energy production by fusion, safe fission, thorium reactor, or other means not involving the burning of fossil fuels, will be exempt from taxation of profits achieved by capitalist forever.” Add: and the patent will remain in effect forever.
In fine print: “All government spending on “alternate/green” energy is hereby terminated.
Here are the failings from renewable mandates in Spain and Denmark:
SPAIN-2.2 jobs were lost elsewhere for each renewable job created; 9 of 10 jobs ended when renewables construction ended; committed $753,778 per green job; each green megawatt destroyed 5.39 jobs elsewhere G. C.Alvarez, 2009, Study of effects on employment of public aid to renewable energy http://juandemariana.org/pdf/090327-employment-public-aid-renewable.pdf
DENMARK-Pres. Obama cited the Danes as the example to follow, but they pay the highest electricity prices in EU along with Germany, now approaching 48 cents/kwh; pays subsidies of $376 million per year to wind producers; subsidies paid up to $140,000 per year paid to each wind job, which is 250% higher than average Dane worker; wind power exports save neither CO2 nor fossil fuel use, but Danes export 57% of subsidized wind power to neighbors at almost no payment, with hope for return favors
As usual, the Krazycats are working hard to fatally damage the American economy and redouble their efforts in a time of national emergency as they perceive a golden opportunity for mischief. As is the norm, it is headed by the leading idiots Colonel Sanders, Liz Warren and Nancy Pelosi.
Original Post is from The Daily Caller on-line web-zine, whose co-founder was Tucker Carlson. “Tucker” is probably better known as a perceptive FOX cable t.v. news commentator.
Maybe some WUWT readers recall him during earlier years as the bow-tie wearing young whippersnapper co-hosting CNN’s Crossfire current events discussions. Anyway, for those who never heard of him maybe next time you see him mentioned will check it out.
“Senate Minority Leader Chuck Schumer supported the GOP’s bill Sunday but objected over a lack of protections against companies using bailout capital for stock buybacks.”
According to Rep. Dan Crenshaw, this was the language in the bill on the $500 billion for business loans:
“Direct Lending Limitations: executive total compensation may not exceed $425,000; prohibition of stock buybacks during the duration of the loan; borrowers must maintain existing payroll as of March 13.”
Nor was it the “GOP’s bill” until the Democrats bailed to extort more concessions. When Schumer supported the bill on Sunday he said “to my delight and surprise there has been a great deal of bipartisan cooperation.”