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Top Stories of 2019: This past February the announcement of the Green New Deal resolution sent reverberations throughout Capitol Hill as well as the nation. Suddenly, climate change became a major component of our political discourse.
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Last week, as the UN Climate Meeting lurched and sputtered, the European Commission’s president, Ursula von der Leyen of Germany, proposed the European “Green Deal” — a blueprint for how Europe will cut their carbon emissions in half by 2030 and achieve carbon neutrality by 2050, aiming to be a first-mover on creating climate-friendly industries and building clean technologies.
Why This Matters: Countries that seize the moment to transition to a fossil-fuel-free economy will win this century, and those that do not will be left behind.
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The European Investment Bank (EIB) in what some called a “game-changer” announced at the end of last week that it will phase out funding for fossil fuel projects by the end of 2021, dealing a major blow to oil and gas companies. Instead, according to The Wall Street Journal, the bank will “use €1 trillion ($1.1 trillion) for climate-change action and environmentally sustainable investment by 2030 and help the EU reach 32% renewable energy across the bloc by 2030.”
Why This Matters: We can think of 1.1 trillion reasons. And this policy covers ALL fossil fuels including traditional natural gas projects.
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Yesterday Rep. Alexandria Ocasio-Cortez and Sen. Bernie Sanders announced that they plan to introduce the Green New Deal for Public Housing Act, legislation that would give a green overhaul to the entirety of the nation’s 1.2 million public housing units.
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Senator Bernie Sanders is seeking to re-frame his Presidential campaign in Iowa on the issue of climate change with a huge ad buy there touting his support for the Green New Deal (see below) and a climate summit to be held this weekend with Congresswoman Ocasio-Cortez attending.
Why This Matters: Climate change has fallen out of the debate since the MSNBC climate forum in mid-September. Sanders has consistently been in the top 3 candidates in Iowa so his focus on the climate issues will ensure that they are discussed again — and that is good news.
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Last week, the Republican Members of Congress met at their annual policy conference and emerged from the meeting hoping the Green New Deal (GND) is a major issue in the 2020 election cycle because they think it is a winner for them. According to E&E News, their leadership is convinced that their best strategy for retaking […]
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