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Series | Part 1: This Radical Plan to Fund the ‘Green New Deal’ Just Might Work

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/ Democrat Alexandria Ocasio-Cortez is part of a group of Congress members pushing for a "Green New Deal." (Charles Krupa / AP)

  • The Public Bank Option: The Precedent of Roosevelt’s New Deal
  • Related: What’s the ‘Green New Deal’? The surprising origins behind a progressive rallying cry.

Ellen Brown, Truthdig
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December 16, 2018 | With what author and activist Naomi Klein calls “galloping momentum,” the “Green New Deal” promoted by Rep.-elect Alexandria Ocasio-Cortez, D-N.Y., appears to be forging a political pathway for solving all of the ills of society and the planet in one fell swoop. Her plan would give a House select committee “a mandate that connects the dots” between energy, transportation, housing, health care, living wages, a jobs guarantee and more. But even to critics on the left, it is merely political theater, because “everyone knows” a program of that scope cannot be funded without a massive redistribution of wealth and slashing of other programs (notably the military), which is not politically feasible.

That may be the case, but Ocasio-Cortez and the 22 representatives joining her in calling for a select committee also are proposing a novel way to fund the program, one that could actually work. The resolution says funding will come primarily from the federal government, “using a combination of the Federal Reserve, a new public bank or system of regional and specialized public banks, public venture funds and such other vehicles or structures that the select committee deems appropriate, in order to ensure that interest and other investment returns generated from public investments made in connection with the Plan will be returned to the treasury, reduce taxpayer burden and allow for more investment.”
 

http://evergreenedigest.org/sites/default/files/Ellen%20Brown_0.jpg / Ellen Brown is an attorney, chairman of the Public Banking Institute, and author of twelve books including "Web of Debt" and "The Public Bank Solution."

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Related:

What’s the ‘Green New Deal’? The surprising origins behind a progressive rallying cry. Alexander C. Kaufman, Grist

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  • “The Green New Deal we are proposing will be similar in scale to the mobilization efforts seen in World War II or the Marshall Plan,” Alexandria Ocasio-Cortez, the Democratic Socialists of America US representative of a working-class Bronx and Queens district in New York City said by email. “It will require the investment of trillions of dollars and the creation of millions of high-wage jobs. We must again invest in the development, manufacturing, deployment, and distribution of energy but this time green energy.”
     

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Brace for Impact, as the Climate "End Game" Has Arrived

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/ Smoke from wildfires in British Columbia, Eastern Washington and Montana enshrouds the Cascade Mountains of Washington State. In the Pacific Northwest, experiencing weeks on end of wildfire smoke during the summer months has become the “new normal.” / Dahr Jamail

  • The human race is too stupid to survive, as amply proven by the people it chooses to lead (into oblivion).  We'll just all go on our merry way, uninvolved ... .
  • Related: A Green New Deal Is Not possible Until We Let ALL Our Delusions About Climate Change Die.

Dahr Jamail,  Truthout


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September 25, 2018 | Over the years, writing these climate disruption dispatches has often weighed heavily on my soul. I’ve struggled to find a delicate balance between tracking this information, which these days means reporting on the demise of the biosphere, and living a meaningful life.

Recently, I again failed to achieve that balance, and needed to take a short respite from work to find my inner footing. I headed into my sanctuary, the mountains, for solace. I backpacked up into the northeastern Cascade Mountains of Washington State, where I live, and pitched a camp on the banks of a clear, turquoise alpine lake at 6,900 feet. I was surrounded by snowfields, high peaks, and mountain larch that will soon be turning from green to yellow as autumn rapidly approaches.

https://truthout.org/wp-content/uploads/2017/12/dahr_jamail_2019-e1547500555957-400x400.jpeg/ Dahr Jamail, a Truthout staff reporter, has reported from Iraq for more than a year, as well as from Lebanon, Syria, Jordan and Turkey over the last 10 years, and has won the Izzy Award and the Martha Gellhorn Award for Investigative Journalism.

Full story …

Related:

A Green New Deal Is Not possible Until We Let ALL Our Delusions About Climate Change Die. Compiled by David Culver, Ed., Evergreene Digest

  •  https://www.rollingstone.com/wp-content/uploads/2018/12/climate-catastrophe-math.jpg?crop=900:600&width=1440Part 1: You, Too, Are in Denial of Climate Change
  • Thinking climate change will only hit elsewhere, or only in the future, pummeling others but sparing you — these are delusions, too.
  • Part 2: Is a Green New Deal Possible Without a Revolution?
  • A Green New Deal is the name of our desire.


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Help enlighten others. Be sure to pass this on to friends and kin. We must breakthesystem's  ability to lie with impunity.

 

Don't Let Mercury Back in Our Air and Water

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  • http://evergreenedigest.org/sites/default/files/Take%20Action%202.jpgDon't let this attack stand.
  • Related: The Anger Is Real. Let’s Do Something With It.

Heather Shelby, Environmental Defense Fund

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October 8, 2018 | To stop this attack in its tracks, we need public officials stepping up. Take action today, and demand your elected officials join the outcry against this disastrous proposal.

Here are the details:

The Mercury and Air Toxics Standards (MATS) protect against mercury and 84 other hazardous pollutants such as arsenic, sulfur dioxide, and lead, and the Trump Administration is now “reconsidering” the foundation upon which MATS stands. They’re just steps away from putting these crucial health protections on the chopping block.

EPA estimates that MATS save up to 11,000 lives per year and prevent thousands of heart attacks, asthma attacks and hospital visits each year. However, Trump and his administration have chosen to place the wishes of their allies before the health of children and families.

http://evergreenedigest.org/sites/default/files/Take%20Action%202.jpgWe’re fighting this with everything we’ve got — but to win, we need our elected officials publicly opposing this attack. Tell your members of Congress to join us!

Related:

The Anger Is Real. Let’s Do Something With It. Monika Bauerlein, Mother Jones

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Don’t let the purveyors of rage drag you down to their level.
Related: The Return of the Strike

 

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What’s the ‘Green New Deal’? The surprising origins behind a progressive rallying cry.


https://grist.files.wordpress.com/2018/06/cortez2.jpg?w=1024&h=576&crop=1

“The Green New Deal we are proposing will be similar in scale to the mobilization efforts seen in World War II or the Marshall Plan,” Alexandria Ocasio-Cortez, the Democratic Socialists of America US representative of a working-class Bronx and Queens district in New York City said by email. “It will require the investment of trillions of dollars and the creation of millions of high-wage jobs. We must again invest in the development, manufacturing, deployment, and distribution of energy but this time green energy.”

Alexander C. Kaufman, Grist

http://evergreenedigest.org/sites/default/files/Editor%20Comment%20icon_0.jpg/ This story was originally published by Huffington Post and is reproduced here as part of the Climate Desk collaboration.

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http://evergreenedigest.org/sites/default/files/More%20In%20Grist%27s%20Climate%20Desk%20Series%20sidebar.jpgJun 30, 2018 | The man who popularized the phrase that left-leaning Democrats now use to describe a vision for a radical government spending plan to combat climate change is a self-described centrist “free-market guy” with a New York Times column.

It was Thomas Friedman who in 2007 started calling for a “Green New Deal” to end fossil fuel subsidies, tax carbon dioxide emissions, and create lasting incentives for wind and solar energy. At the dawn of the global financial crisis, the “New Deal” concept that Franklin D. Roosevelt coined 76 years earlier to describe the labor reforms and historic spending on infrastructure and armaments that pulled the United States out of the Great Depression proved attractive.

Alexander C. Kaufman is a climate and environment reporter at HuffPost, based in New York.

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Biggest Threat to Single-Payer? Democrat Support for a Public Option.

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 / Despite co-sponsoring Medicare for All, Rep. Brian Higgins is clearly not interested in pursuing the reform any time soon. Bill Clark / CQ Roll Call

The next big fight for single-payer may not be with Big Pharma or the GOP, but rather, Democrats who insist on putting their energy behind weaker policies.

Michael Corcoran, Truthout

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http://www.greanvillepost.com/wp-content/uploads/2011/03/obamacare-healthcare-profits.jpg / January 4, 2019 | With the midterms over, a battle over health care policy among establishment Democrats and the grassroots is unfolding. What kind of health care reform should Democrats pursue now that they have won control of the House? This struggle will determine in large part how Democrats will spend the political capital the party has accumulated on the issue of health care. This is a considerable amount thanks to the GOP’s efforts to take health care away from millions and ongoing war against Medicaid. How this battle transpires over the next two years may go a long way in determining if Medicare for All can become policy, or simply remains a “goal” or an “aspiration.”



“Access to affordable health care” is not the same thing as a guarantee to comprehensive health care.



Single-payer advocates, jubilant about record support in Congress and in public polls, have responded to the midterm success by boldly pushing for a floor vote on Medicare for All (H.R. 676) during the 116th Congress. This move would not result in a law as it has no chance in the Senate. It would, however, represent a huge symbolic victory and, ideally, plant HR 676 as the centerpiece of the Democratic Party’s health care platform.

https://truthout.org/wp-content/uploads/2017/12/Michael-Corcoran-400x300.jpg / Michael Corcoran is a journalist based in Boston. He has written for the Boston Globe, the Nation, the Christian Science Monitor, Extra!, NACLA Report on the Americas and other publications.

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