The Green New Deal, which aims to end US fossil fuel consumption within a decade, has the backing of several Democratic presidential candidates. But it is not clear whether any of them will be able to get their proposals through Congress. The reservations of the companies are linked to the fact that lower prices and improved technology means that their growth is moving from liberal coastal states to more conservative ones, which remain sceptical of climate change and government subsidies.
The Green New Deal, which aims to end US fossil fuel consumption within a decade, has the backing of several Democratic presidential candidates. However, representatives of the clean energy firms that could benefit from the proposals have criticised them as unrealistic and politically controversial. The reservations of the companies are linked to the fact that lower prices and improved technology means that their growth is moving from liberal coastal states to more conservative ones, which remain sceptical of climate change and government subsidies.