By spending $300 billion per year, the plan projects another $600 billion in annual economic activity generated by its mandates. The plan includes specifics on everything from national parks to drinking water, “ultra-high-speed” rail to electric scooters, climate literacy education to a new Climate Conservation Corps. It’s a formidable document, and an audacious rebuke of skeptics who say policy to cut emissions is at odds with economic prosperity. The CEDA would be an independent, nonprofit institution designed to work directly with clean energy funds in states. R&D Inslee pledged to increase federal research and development of clean technologies by approximately $35 billion over the next decade.

Source: Huffington Post May 16, 2019 12:00 UTC