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The Senate was unable to agree on a bipartisan stimulus bill yesterday — negotiations apparently stalled because, among other things, the Democrats demanded that bailouts for airlines be conditioned on their lowering their emissions and that tax credits for wind and solar projects be extended. Senate Majority Leader McConnell angrily complained that the “Democrats won’t let us fund hospitals or save small businesses until they get to dust off the Green New Deal,” arguing that these “green” provisions have “have nothing to do with the coronavirus outbreak.”
Why This Matters: After delaying immediate economic relief and adjourning the Senate over the weekend ten days ago, now Senator McConnell seems in a rush to give billions to corporations while leaving workers and the environment out of the deal. But these green provisions the Dems are demanding will boost the economy and are only a downpayment on what is needed going forward. A bold $2 trillion “Green Stimulus” proposal emerged on Medium with detailed proposals across eight pillars: housing and civic infrastructure; labor and manufacturing; energy workers and infrastructure; agriculture and rural communities; green infrastructure and public lands; regulations, innovation, and public investment; transportation; and foreign policy.
The authors of the detailed Green Stimulus proposal maintain that this is the time to do “all the preparatory work now to make green projects ‘shovel ready.’” They hope to stimulate a virtual public comment period using “online channels, including public debate and consultation,” to “ensure that physical projects can commence as soon as it is feasible to restart major in-person work across the economy.” The authors argue that their proposal would create “millions of family-sustaining green jobs, lifts standards of living, accelerates a just transition off fossil fuels, ensures a controlling stake for the public in all private sector bailout plans, and helps make our society and economy stronger and more resilient in the face of pandemic, recession, and climate emergency in the years ahead.”
To Go Deeper: Read the Green Stimulus proposal in full by clicking here.
What You Can Do: Sign on to support the Green Stimulus proposal by clicking here.
By Ashira Morris, ODP Staff Writer Late last week, President Biden and a critical mass of Democrats in the Senate and House agreed on the details of Build Back Better legislation — a $1.85 trillion overall investment that includes a record-setting $555 billion dollars to take on the climate crisis. The agreement marked a […]
By Amy Lupica, ODP Daily Editor Top executives from Big Oil companies ExxonMobil, BP, Chevron, and Shell testified before Congress yesterday amid accusations and revelations about their industry’s efforts to mislead the public about human-caused climate change while claiming to be in favor of climate action. A report released Thursday morning by the House Committee […]
By Natasha Lasky, ODP Staff Writer As the world gets ready for COP26 in Glasgow next week, many nations are upping their pledges to lower emissions before 2030. But according to a UN report released Tuesday, even if Argentina, Britain, Canada, the EU, South Africa, and the US achieve their pledged goals, it would account […]
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