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This Is How Devastating the Green New Deal Would Be for Wisconsin

Citations

The Hill cites CEI's joint study on the costs of the Green New Deal:

The Green New Deal is not some far-left fantasy. It was introduced by Rep. Alexandria Ocasio-Cortez (D-N.Y.) and has 98 co-sponsors in the House, including Rep. Mark Pocan (D-Wis.). It has been supported by leading Democratic presidential contenders, including Sen. Bernie Sanders (I-Vt.). And while it is easy for politicians to say on stage or in their glossy campaign memos that they support the Green New Deal, a recent study by the Competitive Enterprise Institute, Power the Future, and our organization, the Wisconsin Institute for Law & Liberty (WILL), shows how difficult this would be in reality for Wisconsin, families, farmers and manufacturers.

Accounting for the increases in the cost of electricity, as well as upgrading existing vehicles and buildings, the Green New Deal would cost the average Wisconsin household about $75,000 the first year and $40,000 every year after. According to the U.S. Census Bureau, the average household income in Wisconsin in 2017 was $59,305. You do the math. The Green New Deal would put the average household completely under water.

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