The rate of warming over the past 40 years has been modest, and the demonstrable impacts have been mild. BUT organizations who drag their feet on implementing green building practices could be leaving money on the table down the line. While the plan lacks specifics, one major component of the hypothetical job creation is retrofitting every single building in America to meet net-zero energy compliance.
For example, carbon taxes, including rebate systems where fees imposed on carbon sources are fully returned to citizens, have decreased reliance on oil, coal and natural gas. Twenty percent wind and solar poses problems; 50 percent threatens blackouts and collapse. According to a recent Brookings Institution study, much of that damage will likely occur in states that voted for Donald Trump. So while the current political outlook is shaky for the Green New Deal, the business opportunities for construction companies shouldn’t be ignored.
Although how many trillions is open to debate, the fact is that the money will have to come from somewhere.
Really big. After decades of multi-billion dollar subsidies, wind and solar accounted for 9 percent of electricity produced in 2017.
However, turning our energy economy upside down in a decade is only part of the Green New Deal.
All Rights Reserved, This is a BETA experience. – BBC News, Simulation shows how a cough can spread coronavirus in a store, Coronavirus: Thai elephants face starvation as tourism drops | DW News, Joe Biden’s plan for reopening economy from coronavirus lockdown, Coronavirus deaths rising fast in Europe and US – BBC News. The Deal aims to develop 20M ‘well paying’ jobs by converting current building infrastructure into modern, environmentally sound superstructures.
State level experimentation has already begun. Pros: Why We Need The Green New Deal To help you understand why this is important, here’s a list of the positives from the Deal that could help everyone Our Planet is Running Out of Time : Here’s the big issue: a recent UN report warned that we only have 12 years to stop climate change before it becomes an irreversible catastrophe. Because the loan is attached to the property rather than the individual, homebuyers may find themselves taking over responsibility for a loan when they buy a new home. Myron Ebell is director of the Center for Energy and Environment at the Competitive Enterprise Institute. How has that worked out in Venezuela? We'd love to hear eyewitness He 1 .
Renewable energy accounts for 10% of the total energy production. What country wouldn’t want to reduce greenhouse gas emissions that threaten to increase climate disasters beyond return? the original Green New deal was argued for back on 2007 by Thomas Friedman for renewable energy and resource effeciency, moving away from coal and oil . It must also mitigate “deeply entrenched racial, regional and gender-based inequalities in income and wealth” and “ensure a ‘just transition’ for all workers, low-income communities, indigenous communities,” etc. Thank You Barb, very good info!
Yes, she acknowledged, the GND would be expensive and require lots of government spending. It is…big. This will require participation by each construction trade. Not surprising.
But even a green leap backwards will not stop global greenhouse gas levels from increasing. If your organization is already implementing green building technology – you could be ahead of the game and in position for a profitable trend upward. Many congressional Democrats find value in its impact on climate change as well as social and economic justice goals they hope to put center stage in the 2020 elections. There are also nearly, that demonstrate the all-renewable proposal. They tend to discount burdens already imposed by a rapidly changing climate, and the enormous risks and costs posed by climate change for the future. © 2020 Forbes Media LLC.
Its sponsors eventually will have to tell us how they will pay for it.
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