O'Rourke calls for $5 trillion to fight climate change

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Democratic presidential candidate Beto O'Rourke labeled climate change 'the greatest threat we face' as he called for $5 trillion to be spent over the next decade to neutralize carbon emissions

Still, some environmental and progressive activists have criticized O'Rourke for what they perceive as closeness with the oil and gas industry. O'Rourke has received some criticism from activists for refusing to sign a pledge to reject large contributions from fossil fuel companies, political action committees and executives while Democratic presidential competitors Sens. Elizabeth Warren , Bernie Sanders , Kirsten Gillibrand and South Bend, Ind., Mayor Pete Buttigieg and Washington Gov.

But O'Rourke would pay for some of the $5 trillion spending he envisions by ending favorable tax treatment for fossil fuel companies. He said those "tens of billions of dollars of tax breaks" would comprise a portion of a plan to transform the tax code to "ensure corporations and the wealthiest among us pay their fair share," which he said would generate $1.5 trillion in revenue.

As part of that $1.5 trillion from changes to the tax code — which he said would be his first piece of legislation — O'Rourke suggested $300 billion in tax credits and $300 billion in direct spending could generate $4 trillion of investment. O'Rourke also said he wants to set a trajectory for deploying zero-emissions vehicles, tighten pollution rules for power plants, boost building and appliance efficiency standards and rely on the federal government's size to "decarbonize across all sectors." He also would re-enter the Paris climate agreement, from which President Donald Trump has said he will withdraw.

 

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This guy's campaign excites me exactly 0.00%. Sorry, bruh.

That's great but there are many more topics to cover between now and 2020, he will need to have a more solidified answers for several areas of concern.

He better go to race for the presidency of the United nation, but not the USA

First, Democratic candidates must tell us how they will stabilize our sinking ship of state. A solid/firm ethical foundation is needed upon which to restore a sense of balance, & our reputation, & from which we can begin to fix what's broken including cleaning the air we breathe.

So... is it 'most detailed' or isn't it? I read the article and it's as confusing as the headline.

JFC, it's never enough for you.

Huge waste of money!

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Democratic presidential hopeful Beto O'Rourke proposes $5 trillion climate change planBeto O'Rourke pitches 'world's largest-ever climate change investment,' largely funded through changes to the tax code. You know how Trump wins 2020? Universal Pay and New Green Deal type proposals. Dems just have normal platform and you win..ffs! biden2020 Sounds good, Beto. Now convince us you'll actually fight to make it happen. Good luck with that. what an absolute waste of money ... none of these things are going to help anyway.. Focus on other (more pressing) issues.
Source: CNBC - 🏆 12. / 72 Read more »

Beto O'Rourke releases $5 trillion plan to combat climate crisisNEW: Beto O’Rourke has released a sweeping, $5T plan to combat what he regularly refers to as the “greatest threat” our nation faces: climate change. Where’s his plan who’s going to pay for it? Freakin nut bar. Did he tell all 7 people at his rally? Great turn out.........🇺🇸 hardball He took it from AOC. Atleast half of it.
Source: MSNBC - 🏆 469. / 51 Read more »