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The Green New Deal: Economics and Policy Analytics by Benjamin Zycher

The Green New Deal: Economics and Policy Analytics

by Benjamin Zycher
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Book cover type: Paperback
  • ISBN13: 9780844750224
  • Binding: Paperback
  • Subject: N/A
  • Publisher: American Enterprise Institute
  • Publisher Imprint: American Enterprise Institute
  • Publication Date:
  • Pages: 118
  • Original Price: USD 1.0
  • Language: English
  • Edition: N/A
  • Item Weight: 146 grams
  • BISAC Subject(s): Public Policy / Environmental Policy

The Green New Deal (GND) represents a massive increase in the power of government over the ability of individuals and businesses to use their resources in ways that they deem appropriate. Yet despite its purported goal of limiting future temperature increases by drastically reducing greenhouse gas emissions, it will likely have no measurable impact on temperatures. At its core, the GND is the substitution of central planning in place of market forces for resource allocation, specifically in the US energy and transportation sectors and more broadly in the broad industrial, business, and housing sectors. A GND policy would yield no benefits in its central energy, environment, and climate context, but it would impose large economic costs.

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