...send it to the CBO (click here) for monetary cost and benefits. When realizing The Green New Deal will end the next tipping point and begin the reversal of the Climate Crisis, the CBO analysis should be interesting.
We do still have a Congressional Budget Office, don't we?
Looks like we do:
June 1, 2020
By Jeff Cox
The coronavirus (click here) likely will sap about $7.9 trillion of economic activity over the next decade-plus even with all of the rescue funding being poured in to offset the pandemic’s impact, according to a government estimate Monday.
Through fiscal 2030, the virus will reduce real economic output — nominal GDP adjusted for inflation — by 3% from initial economic estimates in January before the pandemic hit, the Congressional Budget Office said.
“Business closures and social distancing measures are expected to curtail consumer spending, while the recent drop in energy prices is projected to severely reduce U.S. investment in the energy sector,” CBO Director Phillip L. Swagel said in a written response to an inquiry from Sen. Chuck Schumer, D-N.Y. “Recent legislation will, in CBO’s assessment, partially mitigate the deterioration in economic conditions.”...
Trump really screwed up the response to this threat to the USA and national security.
The first reversal will begin with the oceans and the end of acidification. The land and oceans are currently warehousing CO2. Those saturations will reverse before atmospheric saturation reversed in any noticeable and measurable ways.
