Elizabeth Warren has ascended in recent Democratic presidential polls atop a growing stack of audacious proposals to wipe out student debt, break up giant companies like Amazon and Facebook, and slap new taxes on the ultra-rich.
Yet the senator from Massachusetts is taking a different approach to the climate crisis, weaving a patchwork that will likely amount to Warren’s answer to the Green New Deal.
In February, Warren co-sponsored the Green New Deal resolution that Democratic Senator Ed Markey of Massachusetts and Democratic Representative Alexandria Ocasio-Cortez of New York 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.