Elizabeth Warren Wants To Spend $2 TRILLION On Climate Change Research & Development!


Don’t you know the world is going to end by 2032 if we don’t spend trillions of dollars on climate change research and development?

That’s what most of the Democrats running for president think, Elizabeth Warren included!

Warren’s plan to save our planet from “climate change,” as Dems are calling it now since “global warming” didn’t seem to catch on as well as they thought it would is to invest a whopping $2 trillion in research & development for climate change products!

Warren’s position on climate change (and spending, spending, spending) was thrust back into the spotlight in light of the Democrat debates, as Twitter users reflected on this $2 trillion Warren wants to allocate to climate change R&D.

Take a look at what people are saying about Warren’s plan on Twitter:

Professor Geoffrey Miller made a great point on Twitter regarding climate change and what Dems think is going to happen because of it:

The GOP Twitter page also shared some facts on what the reality of implementing a Green New Deal would be like:

WMUR sat down with Warren about a week before the debate to discuss her priorities, one of the top being combatting climate change.

Here's the details from the interview they had to share:

Sen. Elizabeth Warren has a plan for addressing climate change.

The Massachusetts senator and presidential hopeful addressed a wide range of issues when she appeared on WMUR’s “Conversation with the Candidate” series for a segment that airs and will be livestreamed on WMUR.com and our mobile app on Thursday beginning at 7 p.m.

                    

Showing passion on each issue tossed at her by an audience of New Hampshire voters, Warren talked about getting the influence of “big money” out of politics, health care, student debt and what she views as the impeachable offenses of President Donald Trump.

But Warren said the most important threat – “the existential threat” – facing not only the nation, but also the world, is climate change.

Answering a question posed by Kara Doberstein of Merrimack, a 33-year-old mother, Warren explained the basic tenets of her multi-pronged plan to address it.

“This is one we’ve all got to be on board for,” Warren said. “We’ve got to get it. We’ve got to get it right.  We’ve got to do it fast.  We’re running out of time.

“And we can’t just do it here in the United States. This is is a worldwide problem and we need to be leaders.”

Warren said that she would begin on the first day with actions she would take herself as president, without the need for congressional approval.

By executive order, she said, on her first day in office, she would “stop all mining and drilling of fossil fuels in all of our nation’s parks and offshore, and all of our federal lands.”  She said she would have the U.S. rejoin the Paris Climate Accord.

But, hey, at least she admitted who'd be paying for it.

Later on in the interview, Warren stated:

“American taxpayers are going to pay for the research,” Warren said.  “Then, by golly, we’re going to get the fruits of the research.   No more like Apple, where we did all the research and then they build all those iPhones over in China.”

The Huffington Post also shared the following details of Warren's green industrial plan:

In February, Warren co-sponsored the Green New Deal resolution that Sen. Ed Markey (D-Mass.) and Rep. Alexandria Ocasio-Cortez (D-N.Y.) introduced. In April, Warren released a public lands plan, promising to sign executive orders to ban new fossil fuel leases on federal acres and demarcate more areas for renewable energy. In May, she outlined a plan to dramatically slash emissions generated by the U.S. military, one of the world’s biggest polluters.

On Tuesday, the Warren campaign released its most comprehensive climate plan yet, a $2 trillion package that commits the federal government to spend $150 billion a year over the next decade on low-carbon technology, increases energy research funding tenfold and funds a $100 billion Green Marshall Plan to aid the poorer countries projected to suffer the worst as global temperatures rise.

In modeling her proposals on the post-World War II Marshall Plan aid package that helped rebuild Western Europe, Warren takes stock of the global nature of the crisis. 

“The climate crisis demands immediate and bold action,” Warren wrote in a Medium post that appeared on Tuesday morning. “Like we have before, we should bank on American ingenuity and American workers to lead the global effort to face down this threat — and create more than a million good jobs here at home.”

The plan would add a quarter million jobs in 2020, with employment up 1.2 million by 2029, according to an analysis by Moody’s.

The proposal came out the same day Joe Biden, who is leading in the polls for the Democratic nomination, released his $5 trillion climate plan, embracing the Green New Deal. 

The plan proposes a new National Institute of Clean Energy, modeled on the National Institutes of Health, to ramp up research in costly but vital areas, including aviation and long-term battery storage, with $400 billion in spending over a decade. 

The centerpiece of the policy proposal is a pledge to directly spend $1.5 trillion over a decade on renewable electricity, electric vehicles and energy-efficient lightbulbs in a bid to hasten a market shift. Warren would require companies selling clean technology to the federal government to pay a $15 minimum wage, respect union organizing and guarantee at least 12 weeks of paid leave.

The policy announcement comes as Warren’s 2020 rivals are pumping out bold climate policies that promise to fundamentally reshape the United States economy. 


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