Mike Bloomberg says the Green New Deal "has no chance"



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But although it has caught fire with many Liberals and has been endorsed by several presidential candidates Democrats, the Green New Deal faces significant opposition from the party. President Nancy Pelosi rejected the Ocasio-Cortez call to create a small committee to develop the Green New Deal. Instead, she has appointed representative Kathy Castor to lead a panel on climate change.

Republicans have called this project a pipe to death. Senate Majority Leader Mitch McConnell said he would hold a vote on the plan, which would force Democrats to publicly support or reject this initiative.

Freed from the demands of a presidential campaign, Bloomberg says he will expand support for the Beyond Coal campaign, an initiative to decommission all US coal plants within eleven years.

Apparently, channeling the Republican beards, he said, "This is not a dream, we can do it."

Bloomberg also announced the launch of the Beyond Carbon campaign, which will aim to reduce the role of oil and natural gas in the US energy mix and put in place a "100% clean energy economy".

Some researchers and policymakers in the energy field have warned that if it takes 10 years to reach the goals of the Green New Deal, this could potentially have unintended consequences, generate negative public reactions and undermine the transition to clean energy. Proponents say that the risks posed by climate change and years of inaction mean that the US can not afford to pursue a more conservative approach.

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