Dec 20, 2019

Warren makes her economic case for the Green New Deal

Elizabeth Warren speaks with the media after the Democratic presidential primary debate. Photo: Mario Tama/Getty Images

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."

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Youth climate change group Sunrise Movement endorses Bernie Sanders

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The Sunrise Movement, a collective of young people advocating for action on climate change, announced Thursday that it is endorsing Bernie Sanders in the 2020 presidential election.

Why it matters: Young people are the demographic leading the charge against climate change, which has been at the forefront of Democratic policy proposals this cycle. The group said it endorsed Sanders for his decision to spearhead the Green New Deal — along with his top surrogate, Rep. Alexandria Ocasio-Cortez (D-N.Y.).

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Thursday's debate nicely encapsulated the way that climate change has become stitched into the fabric of wider Democratic policy and messaging on many topics.

The state of play: While a huge Green New Deal-style mobilization lacks legs in Congress, its all-encompassing conceptual framing — climate as inseparable from industrial policy, human rights and much more — is carrying the day.

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Warren campaign warns supporters that fundraising has slowed 30% in 4th quarter

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Elizabeth Warren's campaign sounded an alarm on Friday to its supporters, saying in an email that it has only raised $17 million so far in the fourth quarter, per CNBC.

Why it matters: With just days left before the quarter's end on Dec. 31, that number is — at the moment — down 30% from the $24.6 million Warren brought in during the third quarter.

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