Sanders' $16 trillion climate plan includes: • Need-based grants to weatherize homes and businesses • Funding to replace gasoline-fueled cars with electric vehicles • Rebuilding the U.S. electricity grid
Sanders compared his proposal to President Franklin D. Roosevelt’s New Deal programs to recover from the Great Depression and America’s mobilization to fight World War II. He predicted it would create 20 million jobs, despite the long odds that the Senate, now controlled by Republicans, would adopt even a small fraction of the plan.
Recalling the Apollo 11 mission that put men on the moon 50 years ago, the proposal says, “We can sure as hell transform our energy system away from fossil fuels to 100 percent renewables today and create millions of jobs in the process.”With solar, wind, geothermal and other renewable power sources, the plan says, the U.S. can achieve 100% sustainable energy for electricity and transportation by 2030.
The plan’s highlights include $2.2 trillion in spending on need-based grants to families and businesses to weatherize homes and businesses; $2.1 trillion to help people replace gasoline-fueled cars and trucks with electric vehicles; $526 billion to rebuild the U.S. electricity grid; and $407 billion to buy electric buses for schools and other public transit.
Sanders was less specific about how he would pay for the plan. He said he would stop federal subsidies for the fossil-fuel industry and force it to pay for its pollution through lawsuits and unspecified taxes. He said he would also scale back military spending that’s aimed at maintaining oil dependence, generate new income tax revenue from the 20 million new jobs he says he’d create and require wealthy Americans and big corporations to “pay their fair share.”Sanders would also ban imports and exports of fossil fuels and prohibit fracking and mountaintop-removal coal mining.
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