Jun 4, 2019

Warren unveils $2 trillion "Green Manufacturing Plan"

Photo: Bastiaan Slabbers/NurPhoto via Getty Images

2020 candidate Sen. Elizabeth Warren released her "Green Manufacturing Plan" Tuesday, a $2 trillion proposal to develop the technology needed to power the Green New Deal over the next decade.

Why it matters: Warren is seeking to strike a progressive tone that focuses less on regulations and explicit goals and more on manufacturing and jobs than some other Democratic candidates as divisions emerge between the party and labor unions over the Green New Deal.

Details: The three elements of Warren's plan include...

  • Green Apollo Program: Focused on clean energy manufacturing, the program would invest $400 billion in funding toward "clean energy research and development."
  • Green Industrial Mobilization: A $1.5 trillion investment to purchase "American-made clean, renewable, and emission-free energy products for federal, state, and local use, and for export."
  • Green Marshall Plan: A new federal office focused on selling green, American-made products abroad that calls for $100 billion in investment towards "assisting countries to purchase and deploy this technology."

Between the lines: Warren avoids an explicit goal for reducing emissions, instead opting to say more generally that her plan will help achieve "the ambitious goals" of the Green New Deal, which calls for net-zero U.S. carbon emissions by as soon as 2030.

Go deeper: Elizabeth Warren's public lands proposal would reverse Trump policies

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Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens.

The novel coronavirus continues to spread to more nations, and the U.S. reports a doubling of its confirmed cases to 34 — while noting those are mostly due to repatriated citizens, emphasizing there's no "community spread" yet in the U.S. Meanwhile, Italy reported its first virus-related death on Friday.

The big picture: COVID-19 has now killed at least 2,251 people and infected almost 77,000 others, mostly in mainland China. New countries to announce infections recently include Israel, Lebanon and Iran.

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The big picture: The fine "is among the largest corporate penalties reached during the Trump administration," the Washington Post reports.