The Competitive Enterprise Institute, in conjunction with Power the Future, released a new report on Wednesday, Feb. 25, 2020, that found that within the first year of implementation, “the Green New Deal (GND) would cost households an average of between $74,287 and $76,683 in ten states:
- Colorado ($74,286)
- Florida ($76,109)
- Iowa ($76,683)
- Michigan ($74,470)
- New Hampshire ($74,723)
- New Mexico ($74,432)
- North Carolina ($74,609)
- Ohio ($75,807)
- Pennsylvania ($75,307)
- Wisconsin ($75,252)
Those figures incorporate the cost of electricity production within the first year of the program, a one-time upgrade to vehicles and housing, as well as shipping and logistics costs incurred from GND mandates.”
Keep in mind: these cost estimates are per family for one year. No wonder the GND proposal received exactly zero votes in the U.S. Senate.
You can read the full report HERE.
