Elizabeth Warren proposes $2T “Green Marshall Plan”

According to the The Huffington Post,  the Warren campaign released its most comprehensive climate plan yet, a $2 trillion package that commits the federal government to spend $150 billion a year over the next decade on low-carbon technology, increases energy research funding tenfold and funds a $100 billion Green Marshall Plan to aid the poorer countries projected to suffer the worst as global temperatures rise.

In specifically identifying a post-World War II-style Marshall Plan-like aid package aimed at assisting international countries lower their carbon emissions, Warren’s plan seeks to go further than the other Green New Deal-style visions put forward by competing presidential candidates.

In a Medium post declaring the plan, Warren writes: “The climate crisis demands immediate and bold action. Like we have before, we should bank on American ingenuity and American workers to lead the global effort to face down this threat — and create more than a million good jobs here at home.” Warren’s plan involves the creation of a new “federal office dedicated to selling American-made clean, renewable, and emission-free energy technology abroad and a $100 billion commitment to assisting countries to purchase and deploy this technology.” The effort, according to the Massachusetts senator, would help to address global carbon emissions that will need to be eliminated after the US reaches net-zero carbon so the international community can stay on track with the Paris Agreement climate accord benchmarks.

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