The Facts

The Green New Deal Group, drawing inspiration from the tone of President Roosevelt’s comprehensive response to the Great Depression, propose a modernised version, a ‘Green New Deal’ designed to power a renewables revolution, create thousands of green-collar jobs and rein in the distorting power of the finance sector while making more low-cost capital available for pressing priorities.

The new Apollo Initiative calls for a large scale federal commitment, on the scale of $30 billion/year for 10 years, to achieve a new energy infrastructure that is diversified, environmentally safe, and more efficient. This initiative will turn challenge into opportunity. It will generate good jobs and help US companies capture the green markets of the future. It will reduce dependence on foreign oil. It will rebuild communities, and it will make America an environmental leader again, helping put the world on a path to a sustainable future. more »