Dec 20, 2019 - Energy & Environment
Warren makes her economic case for the Green New Deal
Elizabeth Warren is making an economically focused push on climate Friday as she seeks to regain momentum after briefly challenging for frontrunner status months ago.
Driving the news: The campaign is circulating a new analysis from the progressive think tank Data for Progress, which concludes her proposals would yield roughly 10.6 million jobs over 10 years.
- Warren yesterday rolled out an endorsement from Rhiana Gunn-Wright, an activist who has become prominent over the last year as a key architect of the Green New Deal.
- Those moves come roughly a week after Warren unveiled the oceans-focused portions of her wider climate platform.
The big picture: Warren's campaign released a document asserting her various plans would provide $10.7 trillion in combined federal and private investment.
- It's a mashup of her existing proposals and some fleshed-out details in areas such as transport electrification, finance (via "green victory bonds") and more.
Details: The analysis from Data for Progress, a young outfit with growing cachet on the left, looked at potential jobs in energy, water infrastructure, transportation, and buildings.
- They see 5.4 million jobs stemming from Warren's proposals for direct federal investment in "new and existing clean industries and implementation of green technologies."
- But that swells to 10.6 million "due to strategic support for U.S. renewable manufacturing and export-oriented economic policy" — a conclusion that assumes each federal dollar "yields an additional 1.5 in exports and induced private-sector activity."