Study: Green New Deal Would Cost Households in Five States More than $70K in First Year of Implementation

But it would mean big bucks for many connected businesses and people.

(From CEI)

American households can expect tens of thousands of dollars in higher costs for energy, housing, transportation, and shipping if the Green New Deal is implemented, according to a new study released today by Power the Future and the Competitive Enterprise Institute (CEI).

The joint study, co-authored by Power the Future Founder and Executive Director Daniel Turner and CEI President and CEO Kent Lassman, finds each household in five model states – Alaska, Florida, New Hampshire, New Mexico, and Pennsylvania – will be on the hook for more than $70,000 in increased costs for electricity, upgrading vehicles and housing, and shipping in just the first year under the Green New Deal.