But the experts we spoke to said it’s not possible to put a specific price tag on the Green New Deal.
“I’d say that it is *
way* too early to even pretend to put cost estimates on the ‘Green New Deal.’ It’s at this point a still-amorphous construct,” said
Josh Bivens, director of research at the labor-funded Economic Policy Institute, in an email to FactCheck.org.
Noah Kaufman, a research scholar at Columbia University’s Center on Global Energy Policy, agreed. When asked what one can say about how much the Green New Deal would cost, he said, “basically nothing.”
The Green New Deal, he said, is a set of ambitions, not policies, and how much things cost will depend on what the policies are.
“You can’t use policy analysis if you don’t have policy,” said Kaufman, who
previously served as President Barack Obama’s deputy associate director of energy and climate change. “It just seems definitely premature and a little misleading to try to claim we know how much.”
Jeffrey Miron, the director of economic studies at the libertarian Cato Institute, said, “It’s hard to be very precise because a lot of the proposals are broad brush and vague.”