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-Move to 100% clean energy by 2030. Invest in clean energy technologies that are ready to go now. Redirect research funds from fossil fuels and other dead-end industries toward research in wind, solar, tidal, and geothermal energy. We will invest in research in sustainable, nontoxic materials and closed-loop cycles that eliminate waste and pollution, as well as organic agriculture, permaculture, and sustainable forestry.
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-End unemployment in America once and for all by guaranteeing a job at a living wage for every American willing and able to work. A Full Employment Program will create up to 20 million jobs, both directly and indirectly, by implementing a nationally-funded, locally-controlled, direct employment initiative replacing unemployment offices with local employment offices. The government will be the employer of last resort, offering jobs meeting community-identified needs in the public and non-profit sectors to take up any slack in private for-profit sector employment. These will include jobs in sustainable energy and energy efficiency retrofitting, mass transit and “complete streets” that promote safe bike and pedestrian traffic, regional food systems based on sustainable organic agriculture, clean manufacturing, infrastructure, and public services (education, youth programs, child care, senior care, etc). Communities will use a process of broad stakeholder input and democratic decision making to fairly design and implement these programs.
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Paying for the Green New Deal
We will need revenues between $700 billion to $1 trillion annually for the Green New Deal. $400 billion will be for the public jobs programs. Estimates for the transition to 100% clean energy start at $200 billion a year.
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The Green New Deal pays for itself through the prevention of chronic disease, which consumes a staggering 75% of $3 trillion in annual health care costs.
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According to Jacobson et al, converting to 100% clean energy would also eliminate approximately 62,000 (19,000–115,000) U.S. air pollution premature mortalities per year today, avoiding 600 ($85–$2400) billion per year (2013 dollars) in healthcare costs by 2050. Converting to clean energy would further eliminate $3.3 (1.9–7.1) trillion per year in 2050 global warming costs to the world due to U.S. emissions. These plans will result in each person in the U.S. in 2050 saving $260 (190–320) per year in energy costs (2013 dollars), U.S. health costs per person decreasing by $1500 (210–6000) per year, and global climate costs per person (including costs incurred by extreme weather events, sea level rise, adverse effects on water and agriculture, etc) decreasing by $8300 (4700–17600) per year.
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According to the Congressional Budget Office, a carbon tax of $20 per ton would raise $120 billion a year. [21] We would support a carbon tax of at least $60 per ton ($360 billion per year) and then rising $15 to $20 per ton annually. (Some of the carbon tax revenues would be rebated in various forms to low and middle income households to offset the regressive nature of any consumption or sales tax.)