The Green New Deal Will Hit the Poor With Higher Energy Costs
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No Deal.
What to Know: Writing in Reason magazine, John Stossel points out that the poor will be hit hardest by Green New Deal policies.
“If a Green New Deal is ever implemented,” says Mills, it would rob the poor by raising energy costs, while ‘giving money to wealthy people in the form of subsidies to buy $100,000 cars, to put expensive solar arrays on their roofs or to be investors in wind farms,’” he writes, quoting James Meigs. “’It’s upside-down Robin Hood…’ Yet a majority of Americans—including Republicans surveyed—say they support some version of it.”
The TPPF Take: The Green New Deal would devastate American families.
“The Green New Deal is nothing more than redistribution of wealth disguised as environmental policy — except it’s taking from the poor to give to the rich, not the other way around,” said TPPF’s Jason Isaac. “Blindly tossing aside our most reliable and affordable energy sources is not only more expensive for families struggling to make ends meet, it actually generates more greenhouse gas emissions. The Green New Deal is neither green, nor new, nor a deal.”
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