This The New Republic article discusses why corporate America is terrified of the Green New Deal. There’s a reason more big businesses are pushing for a carbon tax—and it’s not because they want to fight climate change. For several years now, the heads of oil companies like Suncor and ExxonMobil and BP have been publicly calling for a carbon tax, in which the government would charge polluters for every ton of climate-warming gases they emit. They’re doing this because a carbon tax, as a market-based policy rather than a mandated regulation, is the most business-friendly solution being floated in Washington.
This article discusses how the Green New Deal is fracturing a critical base for Democrats: unions. National labor leaders oppose the Green New Deal but some state unions endorse it. That’s a challenge for presidential contenders.