Analysis: New Green Deal Signifies New Phase in Climate Change Debate

In the latest issue of its “Climate Report,” global law firm Jones Day analyzes the Green New Deal proposed by some federal lawmakers. According to the firm, the resolution — which calls for “high-quality union jobs that pay prevailing wages” and “wage and benefit parity for workers affected by the transition” — signifies a “new phase in the national debate over climate change policy in America.”

Specifically, the Green New Deal poses the question “whether Congress should curtail fossil fuel use … through a broad array of social and economic reforms and public works projects.” Jones Day adds: “The potential impact of the ensuing debate will vary from company to company but, in almost all cases, warrants serious attention in business, political, and legal planning efforts.”

The full report can be seen here. 5/15/2019