Same ol’ same ol’ battle: The more things change, the more they stay the same
On August 21, 2009, The Wall Street Journal reported that “…many scientists say deep emissions cuts are necessary … to prevent … dangerous consequences of global warming,” and also reported that, “Getting from here to there would require a massive economic shift.”
There’s likely been no better summary of the Green New Deal’s basic rationale.
In just a few words, the Journal succinctly stated a dangerous trend of rising emissions from the combustion of fossil fuels, identified the scale of action necessary to putting a lid on the danger, and did that 10 years before the Sunrise Movement caught the attention of newly elected Representative Alexandria Ocasio-Cortez.
The details on either the science or economic side of the responses to the Green New Deal can be dazzling, and we’ve seen a virtual explosion of debate across topics that will be discussed in the following pages.
But, then as now, the heart of the massive economic shift deemed necessary by the evidence from science is a shift away from financing fossil fuels, with an accompanying shift to financing of renewables. Any such shift of “massive” scale was always going to rock some politically influential boats, so an offensive aimed at defeating it was revved up full bore. At bottom, it has long been and still is a competitive scramble for…