QuoteHOUSTON — Today, Life:Powered and Senator John Cornyn (R-Texas) unveiled “Green New Deal Puts Texans in the Red,” a first-of-its-kind research project calculating the cost to implement the Green New Deal in the Lone Star State.
“Our research estimates the Green New Deal will increase the cost of electricity by more than 900% and kill over a million jobs,” said Life:Powered’s Jason Isaac. “Texas’ families, businesses, and economy can’t afford it — and it won’t even affect the climate. The Green New Deal is neither green, nor new, nor a deal for the Lone Star State.”
Key Takeaways:
– Transitioning Texas to 50 percent wind and solar electricity generation by 2030 would cause annual generation and transmission costs to rise by 250 percent compared to 2018 costs. Reaching 100 percent wind and solar would increase costs by nearly 10 times. ...
QuoteHOUSTON — Today, Life:Powered and Senator John Cornyn (R-Texas) unveiled “Green New Deal Puts Texans in the Red,” a first-of-its-kind research project calculating the cost to implement the Green New Deal in the Lone Star State.
“Our research estimates the Green New Deal will increase the cost of electricity by more than 900% and kill over a million jobs,” said Life:Powered’s Jason Isaac. “Texas’ families, businesses, and economy can’t afford it — and it won’t even affect the climate. The Green New Deal is neither green, nor new, nor a deal for the Lone Star State.”
Key Takeaways:
– Transitioning Texas to 50 percent wind and solar electricity generation by 2030 would cause annual generation and transmission costs to rise by 250 percent compared to 2018 costs. Reaching 100 percent wind and solar would increase costs by nearly 10 times. ...