The Milwaukee Journal Sentinel cites CEI's Green New Deal study, coauthored by CEI President Kent Lassman.
The study’s figures are based on estimates of additional electricity demand, the cost of electric vehicles, retrofitting buildings for energy efficiency, decreased crop yields as farmers switched to organic crops, and a carbon tax on livestock farmers.
“At its root, the Green New Deal is a radical blueprint to decarbonize the American economy. Carbon, whether contained in wood, coal, gas or oil, is a byproduct of burning fuel. Eliminating these energy sources would have massive ramifications for the economy,” the Competitive Enterprise Institute, based in Washington, D.C., said in the study.