The New Green Deal backed by Rep. Alexandria Ocasio-Cortez (D-NY) and most of the Democrat presidential field including Sen. Bernie Sanders (I-VT) would cost the average household in ten mid-sized states between $74,000 and more than $76,000 for the first year, and at least $39,000 per year after that.
The NGD advocates completely getting rid of fossil fuels, rebuilding existing structures to be more eco-friendly and other major changes to the average household’s way of life.
This cost is only for the NGD, and doesn’t count any other legislative moves the left wants to make, like universal single payer health care and free college.
A one-time cost for upgrading vehicles and housing would make up much of the first-year cost, with added shipping and logistics costs and energy production making up the rest.
These costs are only the ones that can be calculated, and some experts think the total costs could be even higher and may still be unknown at this point.
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