It’s the spring of 2043, and Gina is graduating college with the rest of her class. She had a relatively stable childhood. Her parents availed themselves of some of the year of paid family leave they were entitled to, and after that she was dropped off at a free child care program. Pre-K and K-12 were also free, of course, but so was her time at college, which she began after a year of public service, during which she spent six months restoring wetlands and another six volunteering at a day care much like the one she had gone to. Now that she’s graduated, it’s time to think about what to do with her life. Without student debt, the options are broad. She also won’t have to worry about health insurance costs, since everyone is now eligible for Medicare. Like most people, she isn’t extraordinarily wealthy, so she can live in public, rent-controlled housing — not in the underfunded, neglected units we’re accustomed to seeing in the United States, but in one of any number of buildings that the country’s top architects have competed for the privilege to design, featuring lush green spaces, child care centers, and even bars and restaurants. Utilities won’t be an issue, either. Broadband and clean water are both free and publicly provisioned, and the solar array that is spread atop the roofs of her housing complex generates all the power it needs and more. For work, she trained to become a high-level engineer at a solar panel manufacturer, though some of her friends are going into nursing and teaching. All are well-paid, unionized positions, and are considered an essential part of the transition away from fossil fuels, updates about which are broadcast over the nightly news. In any case, she won’t have to spend long looking for a job. At any number of American Job Centers around the country, she can walk in and work with a counselor to find a well-paid position on projects that help make her city better able to deal with rising tides and more severe storms, or oral history projects, or switch careers altogether and receive training toward a union job in the booming clean energy sector. The AJCs are a small part of the Green New Deal Act of 2021, a compromise plan that was only strengthened in the years that followed. For a brief moment, it looked as if the Supreme Court might strike down large elements of it, but as a plan to expand the size of the court gained popularity with the public, the justices backed down. Gina might also open her own business. Without having to worry about the cost of day care or health insurance, she can invest everything into making her dream a reality. And the cost of labor for business owners, who no longer have to pick up the health care tab, is reasonable enough that she can afford to pay good wages for the staff that she needs to meet demand. Whichever she chooses, she’ll work no more than 40 hours a week, and likely far less, leaving ample time to travel via high speed, zero-carbon rail to visit friends elsewhere and go hiking or to the beach; enjoy long, leisurely meals of locally sourced food and drink; and attend concerts in the park, featuring musicians whose careers have been supported by generous public arts grants. As she gets older, paying for health care won’t be a concern, with everything from routine doctor’s visits and screenings, to prescription drugs, to home health aides covered under the public system, as social security continues to furnish her rent, expenses, and entertainment through the end of her life. That’s the world a “Green New Deal” could build, and what a number of representatives and activists are pushing Congress to help set into motion. Led by Rep.-elect Alexandria Ocasio-Cortez, D-N.Y., 17 representatives and counting have signed on to a measure that would create a select House committee tasked with crafting, over the course of a year, a comprehensive plan to move the U.S. away from fossil fuels by 2030 and accomplish seven goals related to decarbonizing the economy. On Friday, Ocasio-Cortez and her collaborators gathered outside the Capitol to talk about the increasingly popular program. “The push for a Green New Deal is about more than just natural resources and jobs,” said Rep.-elect Ayanna Pressley, D-Mass. “It’s about our most precious commodity: people, families, children, our future. It’s about moving to 100 percent renewable energy and the elimination of greenhouse gases. It’s about ensuring that our coastal communities have the resources and tools to build sustainable infrastructure that will counteract rising sea levels, beat back untenable natural disasters, and mitigate the effects of extreme temperature.” On Monday evening, Sen. Bernie Sanders, I-Vt., hosted a town hall on the issue with Ocasio-Cortez inside the Capitol. All of this raises a question: What, exactly, would a Green New Deal entail? Like its 1930s counterpart, the “Green New Deal” isn’t a specific set of programs so much as an umbrella under which various policies might fit, ranging from technocratic to transformative. The sheer scale of change needed to deal effectively with climate change is massive, as the scientific consensus is making increasingly clear, requiring an economy-wide mobilization of the sort that the United States hasn’t really undertaken since World War II. While the Green New Deal imaginary evokes images of strapping young men pulling up their sleeves to hoist up wind turbines (in the mold of realist Civilian Conservation Corps ads), its actual scope is far broader than the narrow set of activities typically housed under the green jobs umbrella, or even in the original New Deal. “People talk often about the infrastructure investment that has to happen, and new technology,” Saikat Chakrabarti, Ocasio-Cortez’s chief of staff, told me. “But there’s also an industrial plan that needs to happen to build entirely new industries. It’s sort of like the moonshot. When JFK said America was going to go to the moon, none of the things we needed to get to the moon at that point existed. But we tried and we did it.” The Green New Deal, he added, “touches everything — it’s basically a massive system upgrade for the economy.” In a broad sense, that’s what policymakers in other countries refer to as industrial policy, whereby the government plays a decisive role in shaping the direction of the economy to accomplish specific aims. That doesn’t mean that the state controls every industry, as in the Soviet system; instead, it would be closer to the kind of economic planning that the U.S. practiced during the economic mobilization around World War II, and that is practiced internally today by many of the world’s biggest corporations. Should Ocasio-Cortez’s resolution pass muster, the select committee will convene policymakers, academics, and representatives from the private sector and civil society to hash out next steps. How widely or narrowly that groups defines a Green New Deal — and whether it’ll ever be given space to meet on Capitol Hill — remains to be seen, as supportive lawmakers huddle in Washington this week to try and gain support for writing it into the rulebook for the next Congress. Ultimately, it will be that committee that fleshes out what a Green New Deal looks like. But the proposal itself, American history, and existing research give us a sense for what all it might look like in practice. The plan itself — or rather, the plan to make the plan — lays out seven goals, starting with generating 100 percent of power in the U.S. from renewable sources and updating the country’s power grid. As the first two points of the resolution suggest, one of the main goals of any Green New Deal that spurs a complete switch to renewables will be dialing up the amount of total energy demand represented by electricity, by switching combustion-based activities like heating systems, air conditioners, and automobiles over to electric power. The Energy Transitions Commission estimates that 60 percent of energy will need to be distributed via electricity by mid-century, up from just 20 percent today. Making that possible means developing new technology, and also overhauling today’s grid, making it easier for homes and businesses that generate their own power to feed it back into the system. A modern grid — or “smart” grid, per Ocasio-Cortez’s proposal — would also make way for microgrids, which are self-contained renewable energy generation systems that allow small neighborhoods and hospitals, for instance, to continue making their own power even if there are disruptions (say, hurricane-force winds or a wildfire) upstream. Assuming it won’t be entirely sustainable to import all of that capacity, scaling up renewables will also likely mean expanding the country’s renewables manufacturing sector to produce more solar and wind infrastructure, components for which are today sourced largely from abroad.

Photo: Dennis M. Rivera Pichardo/AP

“We build things here in Detroit, and across Michigan, and we’ve got a lot of people here with manufacturing skills who are being left behind by the corporate greed,” incoming Rep. Rashida Tlaib, D- Mich., among the first supporters of the resolution and who campaigned on a Green New Deal, said via email. “Just this week we heard about how GM, a company that has received billions and billions from taxpayers, is planning to cut thousands of jobs here. So it’s really exciting to be talking about rapidly building up our green, renewable energy infrastructure, because these are jobs that can and should go to our workers here in Michigan. “We were the Arsenal of Democracy and helped save the planet from real darkness decades ago, and there’s no reason why we couldn’t be one of the regions to build America’s green energy infrastructure and help save the planet again in the process.” Bringing more clean energy online could entail expanding the types of programs that already exist at the state level, too, though they seldom come with much teeth. Renewable portfolio standards require utilities to source a certain amount of their power from wind and solar. New York state, for instance, set a renewable portfolio standard of 29 percent by 2015. The deadline came and went quietly, without much talk of how it would pick up the slack to reach its next goal of 50 percent renewables by 2030. Those targets would have to be much stricter to get off fossil fuels by 2035. “You say, you hit the target and you reduce emissions 10 percent every year or you go to jail,” says Robert Pollin, an economist at the University of Massachusetts Amherst’s Political Economy Research Institute. “That would get their attention.” That may sound aggressive by today’s standards, but has been par for the course at other points in American history when the country has faced existential threats. During World War II, for instance, the government was largely responsible for administering prices, wages, and sourcing in sectors deemed vital to the Allies. Corporate productivity and profits boomed with demand for tankers and munitions, but companies that refused to go along with mandates sent down from the War Production Board and associated economic planning bodies faced a federal takeover. Among the most iconic images of these changed power relationships was a widely circulated image of Sewell Avery, the president of Montgomery Ward. During World War II, Montgomery Ward, a mail-order corporation, produced everything from uniforms to bullets for soldiers abroad. In 1944, the National War Labor Board ordered Avery, a Nazi sympathizer, to let his employees unionize to ward off a strike, and the ensuing disruption in war production. When he refused, President Franklin D. Roosevelt ordered the National Guard to haul him off, chair and all, and seize the company’s main plant in Chicago. The government took over operations at the company’s factories in several other cities by the year’s end. And by the end of the war, around a quarter of all domestic manufacturing had been nationalized for the sake of the war effort. Notably, Green New Deal proponents aren’t pushing for such drastic action. Yet given the collision course between the fossil fuel industry’s business model and a livable future, simply building up more renewable power will almost certainly need to be paired with constraints on the fossil fuel industry. Waleed Shahid, communications director for Justice Democrats, which is backing the Green New Deal proposal, told me, “Given the fossil fuel industry’s role in creating an untenable situation for billions of people around the world, the government should step up and promote winners and create losers, which has happened before in the United States.” Among the provisions of the committee resolution, fittingly, is that politicians who accept donations from coal, oil, and gas companies can’t be appointed to it. At a press conference announcing additional support for the resolution, Ocasio-Cortez spelled out the conflict of interest: “This is about the fact that if we continue to allow power to concentrate with corporations to dictate the quality of our air, to … tell us that we can keep burning fossil fuels — to dupe us — people will die,” she said, “and people are dying.” Evan Weber, of the Sunrise Movement, put it in similar terms. “Dealing with climate change in the way that we need to is not just about passing a suite of policies that will transform our society to both end the causes of climate change and prepare society for the climate change that is already baked in,” he said. “It’s also changing our conception of what government is and who its for.” Especially under the Trump administration, plenty of government policy has been written for the benefit of the fossil fuel industry. According to a 2018 analysis by Oil Change International, the U.S. government annually spends about $20 billion on direct and indirect subsidies to the fossil fuel industry; the richest “G7” nations overall spend about $100 billion. This in itself is a kind of industrial policy already in place, and a Green New Deal might at the very least remove those subsidies and redirect them toward the clean energy sector, where wind and solar already enjoy a much smaller degree of subsidization through the production and investment tax credits, respectively. While winding down fossil fuel production and scaling up renewables will of course be a considerable part of any Green New Deal, so too will investing in the research, development, and manufacturing capacities to get especially difficult-to-decarbonize sectors, like airlines and steel, off fossil fuels over the next several decades, as Ocasio-Cortez’s proposal notes. The latter requires a still largely experimental process called electrolysis, which targeted investments could subsidize research into. In Sanders’s town hall Monday night, Ocasio-Cortez appeared to reference economist Mariana Mazzucato’s work, which lays out the existing progress and potential of using public investment to finance early-stage research that venture capital funds are too risk-averse to support. (Ocasio-Cortez and other members of her team have met with Mazzacuto.) “For far too long,” she said, “we gave money to Tesla — to a lot of people — and we got no return on the investment that the public made in new technologies. It’s the public that financed innovative new technologies.” Such a policy umbrella, though, could be just as much about decarbonization as about building out sectors of the economy which simply aren’t carbon-intensive, but are essential to a healthy economy, such as teaching and nursing. A federal job guarantee, which is cited in the draft resolution and a hot topic among 2020 presidential hopefuls, might put people to work remediating wetlands and tending community gardens while providing an alternative to low-paid work bound up in hugely carbon-intensive supply chains. Walmart, for instance, is the biggest employer in 22 states, paying an entry-level wage of $11 per hour. McDonald’s, another major employer, is estimated to have at some point employed 1 in 8 American workers and has consistently resisted calls to institute a $15 minimum wage. A federal jobs guarantee that paying that much, as outlined by several proposals, would effectively create a national wage floor, compelling retail and fast food chains to either raise their wages or risk having their employees enticed into better-paid jobs that improve their communities and make them more resilient against climate impacts. For extractive industry workers, whose wages are traditionally high thanks to decades of labor militancy, $15 an hour may not be too big of a draw, meaning other programs could be needed to finance what’s widely referred to as a just transition, making sure that workers in sectors that need to be phased out — like coal, oil, and gas — are well taken care of and that communities which have historically revolved around those industries can diversify their economies. Spain’s social democratic government recently sponsored a small-scale version of this, investing the relatively tiny sum of $282 million, with the support of trade unions, to help coal workers transition into other work while shuttering the last of the country’s coal mines. With the right investment, new jobs won’t be hard to come by. Research from the International Labour Organization finds that while a concerted transition to renewable energy could cost as many as 6 million jobs around the world in carbon-intensive sectors, it could create 24 million jobs, or a net gain of 18 million, and far more than the profound job loss that would stem from unchecked climate change. It’s not hard to imagine cries from Republicans and Democrats alike about how much such a program might cost, and of the dangers of blowing up the deficit. Worth noting is the cost that 13 federal agencies have said are likely if we do nothing, according to the National Climate Assessment quietly released on Black Friday. By 2100, heat-related deaths could cost the U.S. $141 billion. Sea-level rise could rack up a $118 billion bill, and infrastructure damages could cost up to $32 billion. Along the same timeline, the report’s authors found, the financial damages of climate change to the U.S. could double those caused by the Great Recession. By comparison, the 1 to 2 percent of gross domestic product that Pollin has said a Green New Deal would cost seems pretty cheap, never mind the fact that putting millions of people to work would bolster tax revenues and consumer spending. Pollin calls it “equitable green growth,” coupled with “degrowth down to zero of the fossil fuel industry.” Incumbent fuel sources, and coal in particular, aren’t exactly saving anyone money. A recent analysis from the group Carbon Tracker has found that 42 percent of coal capacity worldwide is already unprofitable, and that figure could spiked to 72 percent by 2030. “The question is, ‘What policy do you use to build up the public investment and incentivize private investment?’” Pollin said. “You can’t just have these private sector incentive programs. That’s just not going to get it.” As several proponents have pointed out, though, so-called pay-for questions are rarely asked of public spending programs designed to further national interests, be that getting out of a recession or fighting a war. “If we were threatened by an invader, we would mobilize all the resources we have at our disposal to deal with that security threat,” says U.K.-based economist Ann Pettifor. “As in those circumstances, you cannot rely entirely on the private sector.” Pettifor was among the first people to start thinking seriously about a Green New Deal just after the financial crisis. Then working at the New Economics Foundation, a progressive think tank, she helped convene a series of meetings in her living room that would eventually coalesce into the Green New Deal group. The group produced several reports on the subject. But with European sovereign debt crisis about to plunge the continent’s lawmakers into full-blown austerity hysteria, any public discussion of a big, expansionary spending package faded. Jeremy Corbyn’s election to Labour Party leadership helped change that. And this past March, Chakrabarti, working on Ocasio-Cortez’s campaign at the time, showed up on her doorstep wanting to hear more.

Photo: Bebeto Matthews/AP

For Pettifor, as for many Green New Deal advocates on this side of the pond, the funding question is less about how to reconcile line items than about reconfiguring what goals the economy is working toward — that is, to make it do something other than simply grow GDP by some fixed percentage each year. Economists’ and policymakers’ fixation on unlimited economic growth as the metric for measuring economic prosperity is a really recent invention, developed in large part by the exponential returns that were being brought in by a ballooning financial sector–and not to that point factored into economic accounts. “If I work hard every day and night I have a weekly wage. If i gamble and win a load of money, I get rich quick,” she explains. “And the finance sector has moved its focus into making money in that way and not in investing in productive activity.” That shift toward measuring growth above all else started to displace an earlier focus on full employment in the 1960s, making multiplying profits and consumption the goal rather than ensuring people’s basic needs were met. As a result, carbon emissions spiked. It’s why Pettifor largely rejects the premise of debates among environmentalists about growth and degrowth. For the green movement to talk about growth at all, she says, “is to adapt that OECD framing of what the economy should be about” and “to adopt the framing of a neoliberal idea of the economy. I would prefer to us to talk about full employment.” That’s not to suggest there aren’t nuts and bolts funding issues that can be easily worked out. In contrast to state governments, which rely in large part on tax revenues, the federal government has plenty of tools at its disposal for financing a Green New Deal — tools it deployed to great effect during the financial crisis. It could also set up a National Investment Bank to furnish lines of credit for green investment. A polluter fee or carbon tax could provide some revenue, as well, but perhaps more importantly would punish bad behavior in the energy sector. Loan guarantees of the sort used in the stimulus package could help to build out clean energy as they did then, before getting scrapped when Republicans took control of the House in 2010. (While Solyndra, the most infamous of those loan recipients, failed, the program overall made a return on investment greater than those enjoyed by most venture capital funds.) In a piece co-authored by Greg Carlock, author of a Green New Deal prospectus for the upstart think tank Data for Progress; and Andres Bernal, an adviser to Ocasio-Cortez; and Stephanie Kelton, former chief economist on the Senate Budget Committee, the writers explain, “When Congress authorizes spending, it sets off a sequence of actions. Federal agencies … enter into contracts and begin spending. As the checks go out, the government’s bank — the Federal Reserve — clears the payments by crediting the seller’s bank account with digital dollars. In other words, Congress can pass any budget it chooses, and our government already pays for everything by creating new money.” A Green New Deal, moreover, “will actually help the economy by stimulating productivity, job growth and consumer spending, as government spending has often done,” Kelton, Bernal, and Carlock add. “In fact, a Green New Deal can create good-paying jobs while redressing economic and environmental inequities.” Green New Deal advocates also have no illusions about just how flawed the original New Deal was in terms of inequities, given that it largely left Jim Crow in place. “It threw black and brown people under the bus,” Chakrabarti said, noting that Roosevelt gave up on enshrining civil rights into its programs in order to win the support of white supremacist southern Democrats. Among the most infamous examples of this dynamic was the Federal Housing Administration, which guaranteed mortgages and subsidized large housing developments for whites on the condition that African-Americans couldn’t live there. African-Americans who applied for assistance to buy homes in predominantly white neighborhoods were refused. It’s from these same policies that the term redlining first emerged, a reference to New Deal-era planning maps which used literal red lines to designate areas where the federally backed Home Owners’ Loan Corporation would and would not insure mortgages. “Right off the bat,” Chakrabarti says of the Green New Deal plan, “we’ve put trying to fix the injustices that have been perpetrated on black and brown communities front and center. Unless you have targeted investments in communities that have had their wealth stripped from them for generations, it’s going to be very difficult for communities that have faced redlining to enjoy economic prosperity.” The detritus of FHA-style discrimination serves to make a transition harder, and will need to be overcome to make any new New Deal a success. Dense, transit-connected cities are on the whole more sustainable than the car-centric suburban sprawl encouraged by a mix of mid-century development schemes, segregationist policies and white flight. Yet the home solar market is oriented largely around rooftop installations, which creates obvious barriers to entry for renters in multi-unit buildings, where landlords have little incentive to upgrade. The New York City Housing Authority, accounting for about a fifth of the country’s public housing, could be a model for retrofitting public and affordable housing in cities around the country, but is currently sitting in about $17 billion of debt and remains in dire need of basic updates and repairs.

Photo: Mark Lennihan/AP