https://www.wsj.com/articles/the-green-new-deal-in-disguise-11618267156?mod=opinion_lead_pos1
Candidate Joe Biden emphatically denied that he supported the Green New Deal. As with so much else, President Biden is now a convert. His $2.3 trillion infrastructure plan contains enough spending and industrial planning that it amounts to the Green New Deal in disguise.
Listen to Rep. Alexandria Ocasio-Cortez, who two weeks ago claimed maternity for the President’s plan. “As much as I think some parts of the party try to avoid saying ‘Green New Deal’ and really dance around and try to not use that term, ultimately, the framework I think has been adopted,” the progressive heroine from Queens boasted. The details prove her point.
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Mr. Biden is pitching his plan as having a big economic return on federal investment—and better roads, bridges and ports could increase productivity. But more than half of his plan is dedicated to reducing CO2, with a goal of eliminating fossil fuels with a mix of federal spending, subsidies and regulation. This is a political project with suspect returns.
• Start with $213 billion to build and retrofit two million energy-efficient homes and buildings. These putative “upgrades” would be financed by federal grants, tax credits and the economically inefficient Weatherization Assistance Program (WAP).