Alexandria Ocasio-Cortez says her Green New Deal climate plan would cost at least $10 trillion

  • Rep. Alexandria Ocasio-Cortez said Wednesday that her ambitious plan to fight climate change, expand the social safety net, and stimulate the economy would cost at least $US10 trillion.
  • “I don’t think anyone wants to spend that amount of money, it’s not a fun number to say, I’m not excited to say we need to spend $US10 trillion on climate, but … it’s just the fact of the scenario,” she said.
  • Ocasio-Cortez has forced the issue of climate change to the forefront of the 2020 Democratic primary, pressuring candidates to lay out their own plans to address the effects of rising temperatures.
  • Visit Business Insider’s homepage for more stories.

Rep. Alexandria Ocasio-Cortez said Wednesday that her ambitious plan to fight climate change, expand the social safety net, and stimulate the economy would cost at least $US10 trillion.

Ocasio-Cortez introduced her Green New Deal resolution with Sen. Ed Markey in February but did not release a price tag estimate at the time.

“I think we really need to get to $US10 trillion to have a shot,” the freshman lawmaker told The Hill on Wednesday, adding, “I know it’s a ton. I don’t think anyone wants to spend that amount of money, it’s not a fun number to say, I’m not excited to say we need to spend $US10 trillion on climate, but … it’s just the fact of the scenario.”


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The Bronx native acknowledged that proposing $US10 trillion in government spending would be unpopular among many Americans.

“It’s not politically popular, people are going to call it unrealistic, and I just don’t think people understand how bad the problem is,” she said.

Ocasio-Cortez has forced the issue of climate change to the forefront of the 2020 Democratic primary, pressuring candidates to lay out their own plans to address a changing climate and its effects. The freshman lawmaker said she supports both Washington Gov. Jay Inslee’s $US5 trillion plan to fight climate change and Sen. Elizabeth Warren’s nearly $US2 trillion plan.

She argued Wednesday that the “entire field of climate plans still needs to be pushed.”

Her push for the Green New Deal comes as President Donald Trump’s administration works to undo Obama-era rules geared toward reducing greenhouse gases. When asked about climate change by Piers Morgan on “Good Morning Britain” this week, Trump gave a confusing answer: “I believe there’s a change in weather, and I think it changes both ways.”

However, NASA wrote, “97 per cent or more of actively publishing climate scientists agree: Climate-warming trends over the past century are extremely likely due to human activities.”

And according to the National Oceanic and Atmospheric Administration, extreme weather incidents “are projected to increase as a result of climate change.”

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