Briefcase

Briefcase: The Green New Deal

Guest: Victor Flatt

The Green New Deal proposes to address climate change, using economic stimulus and promoting economic equality. Victor Flatt with The University of Houston Law Center is an environmental, climate, and energy law scholar and in describing the aim of the program said “The plan’s primary goal is for net-zero greenhouse gas emissions with a ten-year goal of clean, renewable, and zero-emission sources.”

Professor Flatt also explained possible implications for Houston’s energy industry. “If the word ‘renewable’ is taken out, fossil fuels could be part of the Green New Deal climate solution. That would incentivize technology to reduce greenhouse gases. Local energy companies could be the source of that technology. In fact, two major players have already invested nearly $60 million in technologies to capture and sequester carbon and I expect other companies to follow.”

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