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March 18, 2020 By Troy Young

What the Green New Deal Will Cost – First Year Estimates are Out (of this World)

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:

  1. Colorado ($74,286)
  2. Florida ($76,109)
  3. Iowa ($76,683)
  4. Michigan ($74,470)
  5. New Hampshire ($74,723)
  6. New Mexico ($74,432)
  7. North Carolina ($74,609)
  8. Ohio ($75,807)
  9. Pennsylvania ($75,307)
  10. 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.

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