This article discusses how Wall Street is willing to fund the Green New Deal. Investing in the environment is already a $12 trillion market. Now markets are just looking for guidance from Congress.
The plan’s greatest flaw, critics say, is that it would be too costly. Ocasio-Cortez advocates deficit spending, and she’s floated a 70 percent marginal tax rate for high earners that would generate some of the necessary revenue. But those worried about where the rest of the money will come from are forgetting one major, surprisingly enthusiastic player: Wall Street.