Currents - Energy Industry Insights - January 2019

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Alexandria Ocasio-Cortez Floats 70% Tax on Wealthy to Pay for 'Green New Deal' -

"Ocasio-Cortez has put forward a 'Green New Deal' that includes generating the nation's power from renewable sources, building a national smart grid and entirely eliminating industrial greenhouse gas emissions."

Why this is important: Rep. Ocasio-Cortez is looking for higher taxes to fund a transition from fossil fuels to green energy. This clashes with the claims of many environmentalists that the cost of renewables has sunk so low that they produce power for less cost than fossil fuels....

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