The Green New Deal would be paid for "the same way we paid for the original New Deal, World War II, the bank bailouts, tax cuts for the rich and decades of war - with public money appropriated by Congress", Ocasio-Cortez said.
The California Democrat did agree to launch a select committee on climate change, similar to the one she created back in 2007, when she first became speaker.
The 14-page document is vague on specifics, but outlines a broad plan for "workers" through a "Green New Deal mobilization", in which every resident of the United States is entitled to a federal job with paid vacation and retirement benefits, "adequate housing", "healthy food", and "access to nature". Pelosi wants this panel to work on educating people on the issue; she has already said it won't write any bills, at least not in this session.
Pelosi, in an interview with Politico published Thursday, referred to the ultra-left-wing Ocasio-Cortez's environmental deal as a "suggestion".
The California Democrat told reporters she hadn't seen the proposal.
"The Green New Deal is a raw deal for the American taxpayer", said Wyoming Republican John Barrasso, chairman of the Senate Environment and Public Works Committee.
Maybe Alexandria Ocasio-Cortez will have to be satisfied being merely green with envy.
The goals outlined in the Green New Deal respond to the latest report by the Intergovernmental Panel on Climate Change, which said global temperatures must be kept less than 1.5 degrees Celsius above preindustrial levels to avoid the most severe impacts of a changing climate, its authors said.
Greg Carlock, Green New Deal director of think tank Data for Progress, said lawmakers who seek middle ground policies that fall short of Green New Deal goals will lose youth support in future elections.
Pelosi said Reps. Ben Ray Luján of New Mexico, Suzanne Bonamici of Oregon, Joe Neguse of Colorado, Donald McEachin of Virginia and Sean Casten of IL will serve on the panel, along with three Californians: Julia Brownley, Jared Huffman and Mike Levin.
The freshman congresswoman, along with Sen.
The broad outline called for meeting 100 percent of US power demand through clean and renewable energy, as well as upgrading "all existing buildings in the United States" to achieve maximum "energy efficiency, water efficiency, safety, affordability, comfort, and durability". Ed Markey (D-Mass), unveiled a plan to revamp the US economy and eliminate carbon emissions on Thursday, suggesting in an NPR interview that deficit spending might be the best way to pay for it. Use of wind and solar power would be dramatically increased under the plan. Ed Markey (D-MA) - calls for the federal government to tackle "climate change" and "systemic injustice" by eliminating "pollution and greenhouse gas emissions" to meet "100 percent of the power demand" through "clean, renewable, and zero-emission energy sources".
"Ocasio-Cortez's Green New Deal represents an quake in the Democratic Party and American politics where a working class Latina bartender from the Bronx is now proposing and leading the most serious solution to rewrite America's social contract and stave off climate disaster".
President Donald Trump has scrapped Obama's plan.