Democratic presidential candidate Bernie Sanders has announced a Green New Deal proposal he says will cost $16.3 trillion. Divided among America’s 120 million households, that equates to nearly $150,000 per household. And that is in the unlikely event that Bernie’s plan comes in on budget. We all know how badly government fares at coming in on budget for major projects, particularly regarding energy and the environment. Don’t believe us? Just ask California regarding its high-speed rail plan. Or check out how Solyndra is doing these days.
True, Bernie will implement his plan over the next 10 years, so American households can prorate their costs at approximately $15,000 per household per year. That’s still a huge amount of extra money to demand out of every household each year.
And even after paying that huge cost, households would still have to pay for the electricity they use. Bernie promises to have government take over and run energy production and the electric grid. Even wind and solar power have their unique negative environmental consequences. Accordingly, once Bernie and company gain control of our energy infrastructure, they will insist on setting energy prices quite high to discourage use of the few energy resources that still remain on the table.
And, of course, EPA’s own climate models show that even if the United States completely eliminated its carbon dioxide emissions, that would impact temperatures less than 0.2 degrees Celsius by the end of the century. That is an amount almost too small to be measured.