✪ A Green New Deal ✪


❝I pledge you, I pledge myself, to a new deal for the American people.❞

― Franklin D. Roosevelt, accepting the Democratic Party nomination for President | 1932


To address America's ecological problems, we have linked job guarantees to a "Green New Deal" and a restorative economics approach that would seek to rebuild natural capital and ecosystems while also increasing employment. Essentially, the Green New Deal is a package of policy proposals that aims to address global warming, and financial crises.

Green New Deal

Inspired by Franklin D. Roosevelt's valiant series of domestic programs launched in the wake of the Great Crash of 1929, we believe that a progressive course of action can steer America (and the world) away from environmental collapse, and economic despair. Firstly, it outlines a structural transformation of the regulation of the American financial system, and major changes to America's taxation system. And, secondly, it calls for a sustained series of programs to invest in and deploy energy conservation and renewable energies, coupled with effective demand management.

In this way, we can lay the foundations for the emergence of a resilient low-carbon American economy; rich in jobs (e.g. advanced manufacturing, renewable-energy tech) in capital-intensive, knowledge-intensive industries that support high wages and have bright technological futures, and based on independent sources of energy supply. This will create a more stable economic environment in which there is a lot more domestic-local production and distribution, and enhanced national security.


✫ The Green New Deal Plan ✫

We call Bernie's series of programs a Green New Deal – one that combines stabilisation in the short term with longer-term restructuring of American systems of finance, taxation, and energy. This Green New Deal will require action at both local and national levels.


Conducting a bold new vision for a low-carbon energy system: This will involve tens of millions of American properties, their energy-efficiency will be maximized, as will the use of renewable energy to generate electricity

Creating and training ‘Green collar’ workers: This will provide the human resources for America's vast environmental reconstruction. America will create hundreds of thousands of new high- and lower-skilled jobs. Environmental green collar workers will satisfy America's demand for green development, their purpose will be to implement environmentally conscious, design, policy, and technology; to improve sustainability and energy conservation

Divesting from the fossil fuel industry―showing prices that include massive costs to the environment: The same permanent subsidies that made fossil fuels cheap, will now be available to the renewable energy industry. This will make fossil-fuel prices high enough to tackle climate change effectively by creating the economic incentive to drive efficiency and bring alternative fuels to market. This will provide funding for the Green New Deal and safety nets to those vulnerable to higher prices. Also, there are no input costs for wind and solar energy (e.g. while one needs to buy coal for a coal-fired power plant to generate electricity, sunlight and wind are free). As a result, they replace more expensive production in the electricity market, lowering wholesale electricity prices.

❝Coal and nuclear power have huge hidden costs that aren’t included in the price that you and I pay for electricity. We’re talking about the costs of water pollution, health impacts, the plant’s huge water footprint, and climate change. For instance, in the United States, accounting for these hidden costs, conservatively doubles to triples the price of electricity from coal per kWh generated.❞

― GreenPeace

An institutional re-structuring of the Federal Reserve: The Fed should assist with the financing of public infrastructure investment. This would raise growth by relaxing the financing constraint that currently unduly restricts such investment. This would require the creation of a national infrastructure bank whose bonds the Fed could purchase. By establishing a centralized federal lending authority in the form of an infrastructure bank, the United States could ➨

  1. Increase public investment in infrastructure
  2. Leverage billions in additional private investment
  3. Streamline existing federal lending initiatives
  4. Increase the share of federal money that flows to projects meeting rigorous cost-benefit criteria

Breaking up the discredited too-big-to-fail financial institutions: Bernie is calling for the forced demerger of large banking and finance groups and a restoration of Glass-Steagall. This will bring about the separation of commercial and investment banking. Finance will have to be returned to its role as servant, not master, of the American economy, to dealing prudently with people’s savings and providing regular capital for productive and sustainable investment.

Minimising corporate tax evasion by clamping down on tax havens and corporate financial reporting: Bernie Sanders' Corporate Tax Dodging Prevention Act is summarized in an April 14 Senate Budget Committee blog post, (Sanders is the ranking member of that committee.) ➨

  1. Ending the rule allowing American corporations to defer paying federal income taxes on profits of their offshore subsidiaries
  2. Closing loopholes allowing American corporations to artificially inflate or accelerate their foreign tax credits
  3. Preventing American corporations from claiming to be foreign by using a tax-haven post office box as their address
  4. Preventing American corporations from avoiding U.S. taxes by “inverting”
  5. Prevent foreign-owned corporations from stripping earnings out of the U.S. by manipulating debt expenses
  6. Preventing large oil companies from disguising royalty payments to foreign governments as foreign taxes

There exists this immediate imperative to restore faith in the ability of government to maintain economic prosperity, mitigate the worst effects of unfettered capitalism. We believe the Green New Deal can deliver a crucial national directive for a sustainable-energy future and its provision on the ground. The absence of any such plan at present leaves the country very vulnerable. Bernie's plan would include oversight and coordination for generating the funding from the federal government, the energy industry and a range of private savings vehicles for investment in a vital multi-decade directive for the transition to a low-energy future. In short, it is a route map for the journey from fossil fuels and economic insecurity to one of renewable energy, environmental security, and economic vibrance.


✫ Green New Deal Policies ✫

Here will be a list of fundamental pieces of legislation that Bernie Sanders' Green New Deal will be comprised of.


Rebuild America Act of 2015

Link:https://www.congress.gov/bill/114th-congress/senate-bill/268

S.731 - Social Security Expansion Act 114th Congress (2015-2016)

Sponsor: Sen. Sanders, Bernard [I-VT] (Introduced 05/06/2015)

Committees: Senate - Banking, Housing, and Urban Affairs

Latest Action: 05/06/2015 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Summary: S.268 — 114th Congress (2015-2016)

Shown Here: Introduced in Senate (01/27/2015)

Rebuild America Act of 2015

Reduces the non-federal share of the cost of any activity funded by this Act by 50% of what it was before enactment of this Act.

Appropriates funds for FY2015-FY2022 to the Highway Trust Fund to improve roads, bridges, and other U.S. transportation infrastructure.

Appropriates funds for FY2015-FY2019: (1) for intercity high-speed rail service, (2) to provide credit assistance for surface transportation projects of national and regional significance, (3) to implement airport improvement and noise compatibility projects at public-use airports, (4) to the Federal Aviation Administration to accelerate deployment of satellite technology to improve airport safety and capacity, and (5) for the TIGER Discretionary Grant Program.

Appropriates funds for FY2015-FY2019 for water infrastructure, including to: (1) the Environmental Protection Agency for capitalization grants to states to establish water pollution control revolving funds and drinking water treatment revolving loan funds and for loans for large water infrastructure projects that are ineligible for funding from a state revolving loan fund; (2) the Federal Emergency Management Agency (FEMA) to carry out the predisaster hazard mitigation program for minor localized flood reduction projects and major flood risk reduction projects; and (3) the Army Corps of Engineers for inland waterways projects, coastal harbors and channels, inland harbors, and dams and levees.

Appropriates funds for FY2015-FY2019 for the National Park Service.

Appropriates funds for FY2015-FY2019 for the Broadband Initiatives Program, the Broadband Technology Opportunities Program, and the Department of Energy to modernize the electric grid.

Establishes the National Infrastructure Development Bank as a wholly owned government corporation.

Makes the Bank's Board of Directors responsible for monitoring and overseeing energy, environmental, telecommunications, data, or transportation infrastructure projects. Authorizes the Board to:

  • make senior and subordinated loans and purchase senior and subordinated debt securities;
  • issue and sell debt securities of the Bank;
  • issue public benefit bonds and provide direct subsidies to infrastructure projects from the proceeds;
  • make loan guarantees;
  • borrow on the global capital market and lend to regional, state, and local entities, and commercial banks, to fund infrastructure projects; and
  • purchase, pool, and sell infrastructure-related loans and securities on the global capital market.

Requires the Board to establish: (1) an Executive Committee, a Risk Management Committee, and an Audit Committee; and (2) criteria for determining eligibility for financial assistance from the Bank and disclosure and application procedures for entities to nominate projects for such assistance. Requires the Bank to conduct an analysis that considers the economic, environmental, and social benefits and costs of each project under consideration, prioritizing projects that contribute to economic growth, lead to job creation, and are of regional or national significance. Sets forth criteria to be considered by the Board in determining the eligibility of transportation, environmental, energy, and telecommunications infrastructure projects for assistance.

Exempts all bonds issued by the Bank from state or local government taxation. Deems all debt securities and other obligations issued by the Bank to be exempt securities within the meaning of laws administered by the Securities and Exchange Commission.

Sets forth requirements regarding compliance of financed infrastructure projects with prevailing wage rate, domestic content, and buy American statutes. Authorizes appropriations for the capitalization of the Bank.

Too Big To Fail, Too Big To Exist Act

Link:https://www.congress.gov/bill/114th-congress/senate-bill/1206

S.1206 - Too Big To Fail, Too Big To Exist Act 114th Congress (2015-2016)

Sponsor: Sen. Sanders, Bernard [I-VT] (Introduced 05/06/2015)

Committees: Senate - Banking, Housing, and Urban Affairs

Latest Action: 05/06/2015 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Summary: S.1206 — 114th Congress (2015-2016)

Shown Here: Introduced in Senate (05/06/2015)

Too Big to Fail, Too Big to Exist Act

This bill directs the Financial Stability Oversight Council to compile and submit to the Secretary of the Treasury a list of entities that the Council deems Too Big To Fail (List), including U.S. bank holding companies the Financial Stability Board has identified as systemically important banks.

The Secretary of the Treasury shall: (1) submit the List to Congress and the President, and (2) break up entities on the List so that their failure would no longer cause a catastrophic effect upon the U.S. or global economy without a taxpayer bailout.

Any entity on the List may not use or have access to advances from any Federal Reserve credit facility, the Federal Reserve discount window, or any program or facility made available under the Federal Reserve Act, including asset purchases, temporary or bridge loans, government investments in debt or equity, or capital injections from any federal institution.

No insured depository institution on the List, nor any entity that owns one, may use insured deposit amounts to fund:

  • any activity relating to hedging that is not directly related to commercial banking activity at the insured bank,
  • any use of derivatives for speculative purposes,
  • any activity related to the dealing of derivatives, or
  • any other form of speculative activity specified by regulators.

Nor may any entity on the List conduct such activities in a manner that either: (1) puts insured deposits at risk, or (2) creates a risk of loss to the Deposit Insurance Fund.

10 Million Solar Roofs Act of 2014

Link:https://www.congress.gov/bill/113th-congress/senate-bill/2901

S.2901 - 10 Million Solar Roofs Act of 2014 113th Congress (2013-2014)

Sponsor: Sen. Sanders, Bernard [I-VT] (Introduced 09/18/2014)

Committees: Senate - Energy and Natural Resources

Latest Action: 09/18/2014 Read twice and referred to the Committee on Energy and Natural Resources

Summary: S.2901 — 113th Congress (2013-2014)

Shown Here: Introduced in Senate (09/18/2014)

10 Million Solar Roofs Act of 2014 - Requires the Department of Energy (DOE) to establish a program to provide rebates for the purchase and installation of photovoltaic systems with the goal to install 10 million systems with a cumulative capacity of at least 60,000 megawatts over the next ten years.

Includes within the photovoltaic system solar panels, roof support structures, inverters (to convert the current output from a solar panel into a frequency that can be fed into the electrical grid), an energy storage system if it is integrated with the system, and any other hardware necessary for the installation of a system.

Employ Young Americans Now Act

Link:https://www.congress.gov/bill/114th-congress/senate-bill/1506

Sponsor: Sen. Sanders, Bernard [I-VT] (Introduced 06/04/2015)

Committees: Senate - Health, Education, Labor, and Pensions

Latest Action: 06/04/2015 Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

Summary: S.1506 — 114th Congress (2015-2016)

Shown Here: Introduced in Senate (06/04/2015)

Employ Young Americans Now Act

Establishes in the Treasury the Employ Young Americans Fund, with an initial appropriation of $5.5 billion for FY2016.

Requires the Department of Labor to make certain Fund allocations to each state with an approved workforce investment system plan modification, other specified requests for funds, and Native American program grantees to provide summer and year-round employment opportunities to low-income youth.

Requires the Department to award allocations and competitive grants to local entities for work-based training and other work-related and educational strategies and activities of demonstrated effectiveness to provide unemployed, low-income young adults and low-income youths with skills that will lead to employment.

Subjects activities funded under this Act to federal labor standards and nondiscrimination protections.

21ˢ ͭ Century Glass-Steagall Act of 2015

Link:https://www.congress.gov/bill/114th-congress/senate-bill/1709

Sponsor: Sen. Warren, Elizabeth [D-MA] (Introduced 07/07/2015)

Committees: Senate - Banking, Housing, and Urban Affairs

Latest Action: 07/07/2015 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Summary: S.1709 — 114th Congress (2015-2016)

Shown Here: Introduced in Senate (07/07/2015)

21ˢ ͭ Century Glass-Steagall Act of 2015

Amends the Federal Deposit Insurance Act to prohibit an insured depository institution from: (1) being or becoming an affiliate of any insurance company, securities entity, or swaps entity; (2) being in common ownership or control with any insurance company, securities entity, or swaps entity; or (3) engaging in any activity that would cause the insured depository institution to qualify as an insurance company, securities entity, or swaps entity.

Prohibits any individual who is an officer, director, partner, or employee of any securities entity, insurance company, or swaps entity, except in specified circumstances, from serving simultaneously as an officer, director, employee, or other institution-affiliated party of any insured depository institution.

Makes certain technical and conforming amendments to the Banking Act of 1933 and the Revised Statutes of the United States to limit the business of national banks to receiving deposits, extending credit, discounting and negotiating evidences of debt, loaning money on personal security, engaging in coin and bullion exchange, and investing in investment securities.

Limits the purchase and sale of investment securities and stock by a national banking association to the accounts of customers, but in no case for its own account. Prohibits an association from underwriting any issue of securities or stock.

Prohibits a national banking association from investing in structured or synthetic products, defined as financial instruments in which a return is calculated based on the value of, or by reference to the performance of, a security, commodity, swap, other asset, or an entity, or any index or basket composed of such items.

Amends the Home Owners' Loan Act to repeal the authority of federal savings associations to invest in, redeem, or hold shares or certificates issued by any open-end management investment company registered with the Securities and Exchange Commission (SEC) if their portfolios are restricted by the management company's investment policy solely to investments in which a federal savings association may deal.

Amends the Bank Holding Company Act of 1956 with respect to prohibitions against bank holding company ownership or control of voting share interests in nonbanking organizations. Revises exemptions from such prohibitions in the case of nonbanking organizations whose activities are so closely related to banking as to be a proper incident to them.

Specifies activities of a nonbanking organization that shall not be considered closely related to banking, and so disqualify a bank holding company from owning or controlling voting share interests in such an organization. Includes among such nonbanking activities: (1) serving as an investment advisor to an investment company, (2) agency transactional services for customer investments, (3) investment transactions as principal, and (4) management consulting and counseling activities.

Exempts from application of the prohibitions against nonbanking activities, with respect to a bank holding company, the purchase, as an end user, of swaps to hedge against certain exposures, including changes in either interest rates or in the value of currency.

Prohibits a bank holding company from engaging in the business of a securities or a swaps entity, including: (1) dealing or making markets in securities, repurchase agreements, exchange traded and over-the-counter swaps, and structured or synthetic products; (2) engaging in proprietary trading; (3) owning, sponsoring, or investing in a hedge fund, or private equity fund, or any other fund which exhibits the characteristics of a fund that takes on proprietary trading activities or positions; (4) holding ineligible securities or derivatives; and (5) engaging in either market-making or prime brokerage activities.

Requires the appropriate federal regulatory agency to pursue certain actions to enforce this Act.

Amends the Bank Holding Company Act of 1956 to repeal provisions (of the Gramm-Leach-Bliley Act) that: (1) permit a financial holding company to engage in activities that are either financial in nature or constitute expanded financial activities, (2) prescribe corrective actions for financial holding companies that fail to meet certain requirements, (4) authorize certain financial holding companies to retain limited nonfinancial activities and affiliations, and (5) authorize certain financial holding companies to own or control shares of a company engaged in activities related to the trading, sale, or investment in commodities and underlying physical properties that were not previously permissible for bank holding companies.

Amends the Revised Statutes of the United States to repeal the authority of national banks to control or hold an interest in financial subsidiaries.

Amends the International Banking Act of 1978 to repeal the permission granted certain foreign banks to continue to engage in nonbanking activities in the United States.

Revises bankruptcy law to repeal the prohibition against staying, avoiding, or limiting the exercise of a contractual right of financial entities to either liquidate, terminate, or accelerate the following financial instruments: a securities contract, a repurchase agreement, a swap agreement, a master netting agreement, and across contracts. Repeals requirements for the timing of damage measurement in connection with such financial instruments, including commodity contracts and forward contracts.

Climate Protection and Justice Act of 2015

Link:https://www.congress.gov/bill/114th-congress/senate-bill/2399

Sponsor: Sen. Sanders, Bernard [I-VT] (Introduced 12/10/2015)

Committees: Senate - Finance

Latest Action: 12/10/2015 Read twice and referred to the Committee on Finance.

Text: S.2399 — 114th Congress (2015-2016)

You can find the text at the above link, there's no summary available at this time.

Super Pollutants Act of 2015

Link:People https://www.congress.gov/bill/114th-congress/senate-bill/2076

Sponsor: Sen. Murphy, Christopher S. [D-CT] (Introduced 09/24/2015)

Committees: Senate - Environment and Public Works

Latest Action: 09/24/2015 Read twice and referred to the Committee on Environment and Public Works.

Text: S.2076 — 114th Congress (2015-2016)

You can find the text at the above link, there's no summary available at this time.


✫ Invest in Clean, Sustainable Energy ✫

Link:People Before Polluters | Invest In Clean, Sustainable Energy

Choosing to lead the clean energy technology revolution to stop the worst effects of climate change means America will remain a worldwide leader in job creation, domestic manufacturing, local community revitalization and clean energy technology development and implementation.

The solar industry is adding workers at a rate nearly 20 times faster than the overall economy. Solar industry employment has grown by 86 percent in the past five years, resulting in nearly 80,000 domestic living-wage jobs.

For every dollar invested in energy efficiency, families and businesses can enjoy up to $4 in energy savings, and for every billion dollars invested in energy efficiency upgrades we can create up to 7,000-8,000 new jobs, roughly ten times as many jobs as we would create from the same investments in coal. Investments in clean energy technologies will also keep jobs in America and prevent harm to the economy by preventing the worst impacts of climate change.

Bernie strongly supports efforts to develop and deploy clean, sustainable energy technologies like energy efficiency, solar, wind and geothermal.

AS PRESIDENT, BERNIE WILL:

  1. Work toward a 100 percent clean energy system and create millions of jobs. Scientists tell us we have a short time to make an aggressive cut in our carbon pollution emissions. Transitioning toward a completely clean energy system for electricity, heating, and transportation is not only possible and affordable it will create millions of good jobs, clean up our air and water and decrease our dependence on foreign oil.
  2. Invest in clean, sustainable energy sources powered by the sun, wind and Earth’s heat. Massive and sustained investment in clean energy technology development and implementation can get us where scientists tell us we need to be. It’s no great secret that clean energy technologies are a good investment. We actually get more energy out of the money invested in sustainable energy technologies than we do out of fossil fuel. Clean energy technology has no associated fuel costs, which means there are no price spikes like we see with oil and gas. The cost of deploying solar panels has gone down by more than 80 percent since 2008, thanks to tax credits and federally funded research and development. Our national solar capacity will soon provide enough energy to power four million homes.

  3. Similarly, wind tax credits spurred the development of wind farms that now provide enough power for 16.7 million American homes. In fact, wind provided almost 30 percent of all new domestic power capacity in the last five years. Last year, nearly 30 percent of the electricity used in Iowa came from the wind. The decreasing cost of wind and solar demonstrates that we can have a 100 percent clean energy future.
  4. Invest in advanced renewable fuels and keep our energy dollars at home. Renewable fuels have become a key component of our national strategy to move beyond oil in the fight against climate change. Renewable fuels must be produced in a way that achieves our environmental and energy security goals. We must both ensure that our renewable fuels production is truly sustainable, and we must also prevent the oil companies from derailing our progress in developing cleaner and more sustainable alternatives to gasoline and diesel. We should emphasize new, clean technologies like cellulosic ethanol and algae-based fuels. Advanced biofuels have enormous potential to deliver dramatic reductions in carbon pollution and strengthen rural economies, all while keeping our energy dollars here at home instead of sending them overseas to oil oligarchs in Russia and the Middle East.
  5. Invest in solar energy and put money back in the pockets of consumers. Bernie believes that solar energy is one of the most promising sources of clean energy for America’s future. That’s why he supports making billions of dollars of investments in renewable energy, like solar. Bernie recently introduced the Low Income Solar Act to increase low-income families’ access to solar energy by making it more affordable for people who own their own home and incentivize access to community solar projects. Investing in solar energy is just as important for the economy as it is for the Earth. Bernie supports solar net metering, which means that people who invest in solar should be able to offset the cost – or in some cases even make money – on their electric utility bill. He recognizes that as we lower the cost of solar energy and increase our use of solar, we can create hundreds of thousands of good-paying manufacturing and installation careers in this country.
  6. Invest in making all American homes more energy efficient. Energy Efficiency is a “low-hanging fruit” because the investments made in energy efficiency are so effective in reducing carbon pollution emissions, and the return on investment is so quick. For every dollar invested in energy efficiency technologies, like weatherization and efficient light bulbs, energy customers can enjoy up to four dollars in savings. Bernie has long been a champion of the Weatherization Assistance Program (WAP), the Rural Energy for America Program (REAP), and the Low Income Home Energy Assistance Program (LIHEAP) that help rural and low-income families make their homes more energy efficient and lower their energy bills. At a time when we spend on average of $350 billion a year on foreign oil, we must take every possible step to invest in cheaper energy here in the United States. That’s why Bernie recently introduced the Residential Energy Savings Act to provide federal loans to states to perform energy efficiency updates to provide homeowners with valuable energy savings.

BERNIE’S RECORD:

Bernie secured $3.2 billion dollars for the Energy Efficiency and Conservation Block Grant initiative in the stimulus bill, which was consistently rated a top-15 job creating program in the years after it was implemented. This grant helped to install over 9,500 solar systems and perform energy upgrades on approximately 86,000 buildings, which is saving consumers many billions of dollars in energy costs while also making our air cleaner by reducing pollution.

  1. Support American workers moving into clean energy jobs. Our transition to a clean energy economy has created hundreds of thousands of jobs all over the United States, and Bernie’s climate change plan will create millions more. But we must ensure our transition from fossil fuels to clean energy is a just transition for workers. That’s why Bernie is introducing the Clean Energy Workers Just Transition Act, which provides the most comprehensive package of benefits for workers, including extended unemployment benefits, education opportunities, health care and job training for those transitioning to a career in the clean energy industry. Additionally, the bill ensures that workers in the clean energy industry will be able to organize a union to ensure living wages and safe working conditions. It also makes billions of dollars of investments in communities most affected by a transition to a clean energy future.
  2. Invest in an affordable energy storage solution that will allow us to fulfill our clean energy needs. Affordable energy storage technologies like batteries allow clean energy technologies like wind and solar to be integrated onto the electric grid – even when the wind is not blowing and the sun is not shining. Effective storage systems can affordably balance energy supply with demand by capturing energy at times when there is excess energy on the system for use during hours of high demand. Battery storage continues to develop and is becoming increasingly more affordable for families all over the country.
  3. Build geothermal power plants to create full time family-wage jobs for operations, engineering, maintenance, and administration. Bernie believes that geothermal energy should play an important role in our country’s future energy portfolio. Geothermal systems can use the constant underground heat to provide heating when it is cool outside and to pull heat from buildings when it is warm outside. Geothermal energy power plants are less expensive than new modern natural gas plants and can be called on to produce power when the sun isn’t shining and the wind isn’t blowing. Geothermal conserves energy, reduces pollution and saves money all at once.
  4. Utility-Scale Clean Energy Generation. There are hundreds of thousands of roofs with solar panels, but research and technology developments have significantly improved sustainable energy technologies that are making large-scale clean energy an affordable reality. For example, advancements in utility-scale concentrated solar allows power from the sun to be stored for later use, even when the sun is not shining. Most importantly, concentrated solar power installations create permanent jobs and provide economic support for surrounding communities, which tend to be rural.
  5. Enable greater consumer choice in energy. Americans should have the ability to choose affordable clean technologies for their home and businesses. Additionally, the electric utilities and fossil fuel industries should not be able to get in the way of that choice. Grid modernization technologies enable greater consumer choice and ultimately utility bill savings by making it easier for families to connect clean energy resources to the grid.
  6. Begin a moratorium on nuclear power plant license renewals in the United States. Bernie believes that solar, wind, geothermal power and energy efficiency are proven and more cost-effective than nuclear – even without tax incentives – and that the toxic waste byproducts of nuclear plants are not worth the risks of the technology’s benefit. Especially in light of lessons learned from Japan’s Fukushima meltdown, Bernie has also raised questions about why the federal government invests billions into federal subsidies for the nuclear industry. We can have an affordable carbon-free, nuclear-free energy system and we must work for a safe, healthy future for all Americans.
  7. Provide global clean energy funding to vulnerable countries. The United States should lead the international community in funding technology development and deployment solutions for the most vulnerable developing countries as part of any international agreement.