With only 11 years left to implement the urgent and unprecedented recommendations the UN Intergovernmental Panel on Climate Change (IPCC) declared were necessary to keep global temperature increases between 1.5C and 2C, it’s time to shift course and implement a Colorado Green New Deal – a transformative plan that implements structural changes to our political and financial systems in order to alter the trajectory of climate change and avoid environmental catastrophe.
Currently, the economy is controlled by big corporations whose profits are dependent on the continuation of climate change. This system only benefits few, but comes at the detriment of our planet and all its inhabitants. These impacts are not minor, but instead are life-threatening, and are especially already felt by low-income communities, both in Colorado and around the world.
The Colorado Green New Deal addresses climate change by creating a sustainable path forward towards a more equitable economy with increased wealth, job opportunities, and widespread financial security for all. Furthermore, by implementing a state-driven approach, we can make Colorado a leader in an emerging new energy source that will soon become more profitable than oil, gas, and coal combined. By investing into green infrastructure and renewable technology now, Colorado can overtake competitors in this space and establish a foothold in this profitable industry, creating a robust economy that is forward thinking and built on sustainability.
Below are some of the key components to the Colorado Green New Deal
- Declaring Housing a Human Right and ensuring every person in Colorado has adequate, safe, and affordable housing
- Rent Relief – In order to achieve this goal, the Colorado Green New Deal will create a refundable tax credit for those households who make less than $100,000 a year and spend more than 30% of their income on rent
- Not For Profit Mortgages – First-time home owners will be able to acquire a Not For Profit Mortgage from the State of Colorado at an incredibly low rate with an even smaller down payment in order to allow those who would not be able to afford a home, access to building wealth and credit, and the tax benefit.
- Providing subsidies to allow individual consumers to cheaply improve their homes to achieve maximal energy efficiency, water efficiency, safety, and affordability
- Meeting 100 percent of the power demand in Colorado through clean, renewable, and zero-emission energy sources by 2030
- Subsidizing upgrades and improvements for farmers and ranchers in Colorado to eliminate pollution and provide green alternatives whenever possible
- Banning all new fracking permits in Colorado and require any existing fracking wells and platforms to be safely retired within 10 years
- Full repeal of TABOR
- Levying a tax on carbon and pollution for corporations and utility companies by requiring the cost of pollution and environmental damage to be off-set through