More than a decade after the term was coined by columnist Thomas Friedman in the New York Times, there is a Green New Deal proposal in Congress.

Rep. Alexandria Ocasio-Cortez (D-NY) and Sen. Ed Markey (D-MA) have proposed a formal resolution that would frame climate change, economic sustainability and social justice together under a unifying theme, calling for a Depression-era national mobilization similar to FDR's New Deal, and serving as a litmus test for Democratic presidential candidates going forward.

History of the Green New Deal

A Green New Deal has long been an amorphous idea kicking around progressive circles. President Obama attempted to make it part of his platform in the form of a cap-and-trade bill that died in the Senate early in his presidency. His other climate policies were largely undone by President Trump.

It wasn't under Rep. Ocasio-Cortez made it a tentpole of her insurgent 2018 congressional campaign that it began to coalesce into an actual set of policies and a major piece of the Democratic agenda. AOC's platform called for “transitioning the United States to a carbon-free, 100-percent renewable energy system, and a fully modernized electrical grid by 2035.”

What Does it Do?

The Green New Deal attempts to tie that goal to broader issues of inequality, infrastructure modernization and access to healthcare. The plan calls for a 10-year national mobilization to aggressively curb greenhouse gas emissions, including neutralizing human-caused greenhouse emissions entirely by 2050 and a goal of increasing U.S. renewable energy production to near 100 percent within a decade.

The GND proposal goes on to tie the need for a massive national infrastructure overhaul to climate change and the effects of worsening natural disasters. It also proposes that every existing building in the country be retrofitted to more efficiently use energy and water.

What Comes Next?

As a non-binding resolution, the proposal would not change any laws even if it were to pass. Instead, it's meant as a stake in the ground around which Democrats can rally their base, and as a framework for candidates running for office to endorse. So far, every major Democrat running for president in 2020 has endorsed a Green New Deal in concept. Thursday's resolution would add specific policy goals for candidates to either endorse or refute.

The sweeping resolution goes beyond climate change proposals to include other pieces of a progressive platform, like a call for a federal jobs guarantee, universal basic income and universal healthcare. By framing those items as part and parcel of environmental policy, supporters hope to galvanize voters around a holistic "big idea," the way FDR garnered support for the New Deal during the Depression.

Share:
More In Politics
House Passes Gun Reform Legislation, But Will It Pass In The Senate?
The House has passed some of the most aggressive gun-control measures in years, including raising the minimum age to buy semi-automatic rifles from 18 to 21 and banning high-capacity magazines. Daniel Webster, Co-Director of the Center for Gun Violence Solutions, explains why this legislation has little chance to pass in the Senate, and what else can be done to curb gun violence in this country.
Hot summer could lead to rolling blackouts
We are already starting to feel the effects of summer. Heat waves in Texas and California are already sending temperatures soaring. That could spell trouble for the nation's power supply. there are new concerns about outages in many areas of the country. Cheddar's Shannon Lanier explains the two main causes of blackouts, and what states are doing to keep the lights on and the air conditioning running.
U.S. traffic deaths hit 16 year high
If you have been on the road this past year, you've probably seen more accidents on the road than you ever have. You're not wrong. Traffic fatalities are not only increasing they are hitting historic highs. Almost 43,000 people died in motor vehicle accidents in 2021. Cheddar's Shannon Lanier investigates - and finds out why.
U.S. Stocks Closed at Session Highs Tuesday
U.S. stocks close Tuesday at session highs after a subpar start to the trading day. Tim Chubb, Chief Investment Officer at the wealth advisory firm, Girard, joins Cheddar News' Closing Bell to discuss. 'We're starting to see the moderation of three core things -- we've seen the moderation of prices, we've seen the moderation of wage growth we've seen in the labor market, and we've also seen a moderation of job openings,' he says.
Post-covid payrolls show new labor market norms
A lot has changed since the pandemic began back in march 2020. COVID-19 caused a huge disruption in the U.S. labor force that is just beginning to normalize. As of last month, about 96% of jobs lost in the pandemic have returned. Still, where people work now looks very different from two years ago. Cheddar's Shannon Lanier looks at where the jobs are now and where they aren't.
Senators Introduce Bipartisan Bill for Crypto Regulation
Michelle Bond, CEO of the Association for Digital Asset Markets, joins Closing Bell, where she breaks down the Responsible Financial Innovation Act, which would not only establish a regulatory structure for digital assets, but hand over crypto oversight to the CFTC instead of the SEC.
Load More