Nathan Tankus, Andrés Bernal und Raúl Carrillo: The Green New Deal will be tremendously expensive. Every penny should go on the government’s tab

 

  • The Green New Deal is a vital way to address the social threat of climate change.
  • Some GND advocates want to make the idea more palatable by relying on indirect financing like public-private partnerships or loans to private companies.
  • While the ideas are designed to make the Green New Deal more politically palatable, indirect financing will also blunt the changes made by the GND.
  • Therefore the government should pay for the entirety of the Green New Deal.

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