After the debate…what will they take to give a Green New Deal?
In the Democratic presidential debates, candidates promised to give a lot, but we need to ask: What will they take?
There's a gold rush coming as electric vehicle manufacturers fight for market share, proclaimed David Einhorn at this year's 2021 Sohn Investment Conference. Check out our coverage of the 2021 Sohn Investment Conference here. Q1 2021 hedge fund letters, conferences and more SORRY! This content is exclusively for paying members. SIGN UP HERE If you Read More
Under a "Green New Deal," what happens to:
- Your van or SUV big and powerful enough to carry your kids, groceries, tools of your trade, camping equipment, etc.
- Your backyard grill-or your backyard in the suburbs
- Your favorite foods, especially if animal-based
- Your gas stove, water heater, and furnace
- Your air conditioner
- Your third child (and maybe the first and second one too—the population needs to decrease)
- Your job as an auto mechanic, coal miner, truck driver, petroleum engineer, rancher
- The trucks that collect garbage, deliver groceries, bring concrete to construction strikes, haul goods of all kinds
- Your business (service station, car dealership, factory that requires a lot of reliable electricity, restaurant, HVAC installation and maintenance, etc.)
- Your vacation in Hawaii (or other place not accessible by train)
- Fire trucks, ambulances, police cars?
Remember, they want zero fossil fuels—which means no internal combustion engines and electricity only from “clean, renewable” (unreliable, expensive) sources.
For more information, see “The Green New Deal: What It Means for Medicine.”
What do our readers think of the green new deal? Is it unrealistic or needed? What will be the economic costs? Will they pay for themselves or bankrupt the country? Please sound off in the comments section on what you think of the economic impact of enviromental issues.