Kirsten Gillibrand puts $10 TRILLION price tag on environment agenda including $3 trillion in taxes

Mail Online | 7/25/2019 | Katelyn Caralle, U.s. Political Reporter For Dailymail.com
Click For Photo: https://i.dailymail.co.uk/1s/2019/07/25/18/16501822-0-image-a-91_1564074661540.jpg

Kirsten Gillibrand outlined a proposal to fight climate change that would include upping taxes to fund $3 trillion of the plan over a decade.

The 2020 Democratic candidate vowed to spend $10 trillion over 10 years to fight climate change, with almost one-third of those funds coming from taxpayer dollars, and would champion environmental issues like eliminating U.S. carbon emissions by 2050.

Dozen - Candidates - Race - Proposal - Plans

Many of the other two dozen candidates running in the Democratic primary race have also proposal environmental plans that would neutralize carbon emissions over the next 30 years.

The plan from Gillibrand would impose new taxes on fossil fuels and end incentives for companies that extract and distribute fossil fuels.

Proposal - Plan - Regulations - Energy - Sources

Outlined in the proposal is also a plan to tighten regulations on extracting those energy sources, like getting rid of a rule that exempts fracking operations from adhering to drinking water standards.

The senator from New York says if she were to become president she would imposed a $52 per metric ton carbon tax with $200 billion of the funds raised from that tax going toward renewable energy.

Fossil - Fuel - Exploration - Lands - Leases

She also said she would end fossil fuel exploration on public lands, and phase out any existing leases.

Even though the commitment would require trillions more in spending for the U.S. government and a rise in taxes, Gillibrand also intends to...
(Excerpt) Read more at: Mail Online
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