Green New Deal

Don't want to be the guy to put politics on here but thought this would be a good thing to discuss.

The resolution presented today says the US can achieve this through a series of steps over the next 10 years, including:

  • Funding projects and strategies to build the US's capacity to face climate-related disasters
  • A guaranteed job with a family-sustaining wage, paid medical and family leave and retirement security
  • Repairing and upgrading US infrastructure, including "eliminating pollution and greenhouse gas emissions as much as technologically feasible."
  • Upgrade or replace every building in the country
  • Meeting all of the US's power needs through clean, renewable, and zero-emissions energy sources, including upgrading buildings to make them more energy efficient
  • Working with farmers and ranchers to eliminate pollution and greenhouse gasses "as much as technologically feasible."
  • Creating more growth in the clean manufacturing industry
  • Build up high-speed trains to the point where air travel is no longer necessary
  • Overhauling US transport systems to reduce pollution and greenhouse gases
  • Restoring and protecting fragile ecosystems
  • Cleaning hazardous waste sites
  • No Nuclear Energy
 
Most Helpful

Nuclear energy is actually one of the more proven and immediately available methods to cut down on carbon emissions while trying to focus on renewable energy production.

Quant (ˈkwänt) n: An expert, someone who knows more and more about less and less until they know everything about nothing.
 

Yeah this is the most telling bullet point that proves the Green New Deal is more political than practical. By the way, they're also against hydroelectric investment. It's the Jill Stein, pie-in-the-sky version of what could otherwise be characterized mostly by heavy investment in sustainable infrastructure.

You can't have a serious discussion about reaching sustainability quickly while excluding nuclear, hydro and biomass.

Be excellent to each other, and party on, dudes.
 

The official resolution leaves room for nuclear FYI. It says carbon-free (which includes nuclear) energy so idk where OP got his info.

EDIT: I was mistaken, initially I read it didn't exclude nuclear but that's incorrect.

Array
 
JDC1:
There is no viable alternative to oil and gas. I will further that by saying there NEVER will be.

Take advantage of this fucking stupidity and buy undervalued oil and gas assets.

This is absurdly stupid

Commercial Real Estate Developer
 
BubbaBanker:
Nuclear energy is actually one of the more proven and immediately available methods to cut down on carbon emissions while trying to focus on renewable energy production.

"Immediate" in that we have the technology, but it actually takes over a decade to build and deliver a new nuclear plant from scratch versus only a couple years for solar. I've read before that it takes something like 15 years for nuclear energy to then offset the carbon footprint during the development process, as it takes an obscene amount of energy and resources to make one. Of course that is then met with 50 years of carbon free energy, but there is some logic towards avoiding nuclear energy while working towards carbon neutrality, especially in light of the timeline being proposed to abate or mitigate climate change.

But also important to keep in mind that the deal is called the Green ND, not the Carbon ND, so it seems like it's trying to take a more holistic environmental approach rather that JUST cutting down emissions. This is not necessarily a bad thing IMO, especially in light of the horrific damages that can occur when nuclear goes wrong. I'm not an engineer but the safety and reliability of even new plants does worry me. If there are alternatives available, those should be encouraged.

On that, the pay back period for nuclear is something like twice the time for solar. So some renewable energies, especially solar, might make more economic sense that nuclear for new energy development, even with the long operational time period for nuclear energy. So in the end you can agree or not agree with the GND, I have some concerns myself, but the argument that it is hypocritical because of the stance on nuclear energy is unfair.

 
iBankedUp:
Just heard a DNC strategist say that, basically, Alexandra listens to her heart when she acts, but she forgets to bring her brain with her, so...

She was a bartender and waitress just a few years ago - not sure how she became a thought leader for the Democratic party. Displays the absolute lack of mid-bench talent the party has.

Commercial Real Estate Developer
 

She took advantage of a political strategy that fringe groups have used to wrangle power from sane people. It uses the primary process to knock off long serving leaders who don't put effort into the primary process.

Follow the shit your fellow monkeys say @shitWSOsays Life is hard, it's even harder when you're stupid - John Wayne
 
CRE:
iBankedUp:
Just heard a DNC strategist say that, basically, Alexandra listens to her heart when she acts, but she forgets to bring her brain with her, so...

She was a bartender and waitress just a few years ago - not sure how she became a thought leader for the Democratic party. Displays the absolute lack of mid-bench talent the party has.

She's pretty cute. I'd plaster her face all over too. If it wasn't the DNC, maybe it'd be Harvey Weinstein to do it.

 
Rahma:
Half of it looks good, the other half looks terrible. I'm generally in favor of a green new deal but this isn't it.

What I don't understand is how they are trying to shoehorn a job and housing guarantee into something that's supposed to be an environmental resolution. Hate the job and housing guarantee, like the commitment towards investment in green energy and repairing U.S. infrastructure - would like a longer time horizon and more focus on free market solutions.

Array
 
BobTheBaker:
Rahma:
Half of it looks good, the other half looks terrible. I'm generally in favor of a green new deal but this isn't it.

What I don't understand is how they are trying to shoehorn a job and housing guarantee into something that's supposed to be an environmental resolution. Hate the job and housing guarantee, like the commitment towards investment in green energy and repairing U.S. infrastructure - would like a longer time horizon and more focus on free market solutions.

A guaranteed job is a terrible idea because it breeds laziness and waste. Think I'm wrong then go visit your local DMV or SSA office and see how "hard" those obese women and men work and why it takes them hours to process something that should take minutes.

 
BobTheBaker:
Rahma:
Half of it looks good, the other half looks terrible. I'm generally in favor of a green new deal but this isn't it.

What I don't understand is how

Pork barrel legislation my friend, probably a lot of bridges to nowhere

Quant (ˈkwänt) n: An expert, someone who knows more and more about less and less until they know everything about nothing.
 
BobTheBaker:
Rahma:
Half of it looks good, the other half looks terrible. I'm generally in favor of a green new deal but this isn't it.

What I don't understand is how they are trying to shoehorn a job and housing guarantee into something that's supposed to be an environmental resolution. Hate the job and housing guarantee, like the commitment towards investment in green energy and repairing U.S. infrastructure - would like a longer time horizon and more focus on free market solutions.

Agreed. I want a 100 year plan, dammit!
 

You don't understand why? It is pretty simple, if you believe that people are willing to do anything to combat "climate change" you add tons of pork and other pet projects into this because you believe people will stomach it to cover what they like.

Follow the shit your fellow monkeys say @shitWSOsays Life is hard, it's even harder when you're stupid - John Wayne
 
BobTheBaker:
Rahma:
Half of it looks good, the other half looks terrible. I'm generally in favor of a green new deal but this isn't it.

What I don't understand is how they are trying to shoehorn a job and housing guarantee into something that's supposed to be an environmental resolution. Hate the job and housing guarantee, like the commitment towards investment in green energy and repairing U.S. infrastructure - would like a longer time horizon and more focus on free market solutions.

Because it isn't really a climate bill. It's a progressive economic plan. If this thing passesand this Sesame Street politican turns 35, we're going to have a socialist president, and I'm not sure what would stop her from going full blown commie.

 

The hilarious part is that there are studies that have shown in some areas rail is less efficient than flight.

Follow the shit your fellow monkeys say @shitWSOsays Life is hard, it's even harder when you're stupid - John Wayne
 
JDC1:
The fact you even think 100% renewables is ever achievable should bar you from getting a job in finance where critical thinking is required. You sound like a dreamer university student.
FWIW, the oil market is acting as if we are going to go through a new energy transition fairly soon. What do you think are the reasons why the world can't transition to a 100% non-oil based energy infrastructure in say 50 years?

PS. In my experience, assigning a zero probability to anything is is just as misguided as assigning a 100% probability. Maybe you don't belong in finance as much as ASUgrad2017 does not

I have a friend who lives in the country, and it's supposed to be an hour from 42nd Street. A lie! The only thing that's an hour from 42nd Street is 43rd Street!
 

I would not rule out the potential of 100% renewables in the next century. If that makes me "a dreamer university student" that shouldn't get a job in finance in your opinion so be it. I just happen to work in O&G Finance.

 

Pelosi herself, a very "green" California Democrat, seems to roll her eyes at this. It seems more theatre than actual policy.

Looking at the list and taking OP's word that those things are accurately representative of what the Green New Deal seeks to accomplish (I haven't had time to read it, only read about it) - some of the things are fantastic and absolutely necessary ideas, such as funding projects and strategies to build the US's capacity to face climate-related disasters, Repairing and upgrading US infrastructure, including "eliminating pollution and greenhouse gas emissions as much as technologically feasible," meeting all of the US's power needs through clean, renewable, and zero-emissions energy sources, Working with farmers and ranchers to eliminate pollution and greenhouse gasses "as much as technologically feasible," creating more growth in the clean manufacturing industry, overhauling US transport systems to reduce pollution and greenhouse gases, restoring and protecting fragile ecosystems, and I suppose "cleaning hazardous waste sites" even though I'm not sure who is arguing against that.

Other things, such as "upgrading or replacing every building in the country" are asinine. There are so many issues with that from a priority standpoint, a historic preservation standpoint, a cost standpoint, a positive impact standpoint, etc.

Finally, guaranteed jobs, replacing all air travel with trains, and no nuclear energy are just stupid ideas. We don't need to talk about the first, the second can't possibly happen, and the third is the opposite of "green."

One more aside is the uncomfortable tying of fighting climate change and supporting renewable energy to socialism. It's already incredibly frustrating how they are "liberal issues" and not "issues that face literally everyone in the world." Making them "socialist issues" will automatically entrench the opposition even further.

Commercial Real Estate Developer
 

Let's write up a bill with the first half of your list and build the wall / border security w/ DACA instead of the second half. Trump would sign it today and we can all work toward the future.

Be excellent to each other, and party on, dudes.
 

Ms. Ocasio-Cortez and Mr. Markey, what you’ve just proposed is one of the most insanely idiotic things I have ever read. At no point in your rambling, incoherent plan were you even close to anything that could be considered a rational thought. Everyone on the planet is now dumber for having read it. I award you no points, and may God have mercy on your soul.

"Some things are believed because they are demonstrably true. But many other things are believed simply because they have been asserted repeatedly—and repetition has been accepted as a substitute for evidence." - Thomas Sowell
 
whitecollarandsuspenders:
Ms. Ocasio-Cortez and Mr. Markey, what you’ve just proposed is one of the most insanely idiotic things I have ever read. At no point in your rambling, incoherent plan were you even close to anything that could be considered a rational thought. Everyone on the planet is now dumber for having read it. I award you no points, and may God have mercy on your soul.

https://media2.giphy.com/media/fg1y0FMMq8Mi4/giphy.gif" alt="adam sandler" />

Array
 

First off, whenever I see something like that which has all sorts of "Progressive" components, I immediately become derisive of it. If you read the context of the resolution, it highlights so much crap about social justice, equality, and other progressive targets that the environmental issues are forced to take a back seat. That said, my thoughts can be boiled down quite simply to this is essentially a Progressive Democrat road map for 2020. Everything they want that placates the far-left's need for identity politics, victimization politics, "Justice", and so on and so forth are outlined here. The majority of this resolution is entirely unattainable. Moving to clean, renewable, zero-emission energy sources in 10 years without the use of Nuclear Power is insane, especially when you consider that Nuclear is a zero-emission energy source. Just think about what would happen if Indian Point, the nuclear plant that provides NYC and Westchester with 25% of their power, were shut down and replaced. Even after replacing Indian Point with whatever it the GND considers environmentally friendly, clean, renewable and zero emission, NYC and Westchester would become importers of energy to make up for the deficit and see an increase in emissions, which is anathema to what the environmental portion of the GND is trying to do. Requiring all buildings to go green and overhauling infrastructure (which, don't get me wrong, we need to invest in fixing our infrastructure but that's a separate issue) to be green compliant is an impossibly high standard. All of the progressive components will be difficult to achieve because the GND is fundamentally saying that it wants to institute socialist concepts and effectively redistribute wealth. In examining the talking points set forth by AOC, it's pretty clear that this entire policy heavily relies on Modern Monetary Theory, which is by the scariest thing. Print until we can't print any more. This is an economic death knell created by unchecked issuance of debt. It's unattainable. Like everything else... it's a common theme across the GND.

However, being that it's a policy piece and a road map for 2020, it'll be interesting to see how the right challenges whomever is left standing based on this road map that appeals to the furthest left of the progressive wing of the democratic party.

 

Yeah... Indian Point isn't the best choice, but it was easier to use that to prove the point (as it was much easier to find the percentage of power supplied to NYC) that it would have been using Seabrook, which powers part of Boston, or Oyster Creek, which powers part of Philly, than talking in hyperbole. I mean, I could have brought up Vermont Yankee too - which showed a similar effect in Vermont after they shut down their nuclear power plant.

With Indian Point shutting down, I can only assume that considerations were made to account for the changes in the amount of power being supplied to the region. However, given the GND, I honestly doubt issues like that will be considered when they shut down these facilities.

 

In related news, AOC would beat Trump in 2020 according to polls (which failed in 2016 anyway). She can't run for now, but she probably will if she manages to stay popular for the next decade.

Never discuss with idiots, first they drag you at their level, then they beat you with experience.
 

She'll run in 2024 if a democrat doesn't win the presidency in 2020. And I think she has a good chance at winning. We live in this little WSO world where people don't love free stuff but... newsflash! People do. That's what she is offering, and they don't care about how to pay for it. Socialism the word is taboo for now, but how long will that last. People like "free" shit. And she's charismatic, photogenic, and the demographics are to her advantage. She has a very good chance in 2024 if Trump wins in 2020.

Array
 
BobTheBaker:
She'll run in 2024 if a democrat doesn't win the presidency in 2020. And I think she has a good chance at winning. We live in this little WSO world where people don't love free stuff but... newsflash! People do. That's what she is offering, and they don't care about how to pay for it. Socialism the word is taboo for now, but how long will that last. People like "free" shit. And she's charismatic, photogenic, and the demographics are to her advantage. She has a very good chance in 2024 if Trump wins in 2020.
I think by 2020 millennials will be already the largest electoral age-group and socialism isn't taboo for them. So yeah, I agree with you entirely. Unless she burns out before, she'll run and she'll likely win due to the factors you mentioned.
Never discuss with idiots, first they drag you at their level, then they beat you with experience.
 
BobTheBaker:
She'll run in 2024 if a democrat doesn't win the presidency in 2020. And I think she has a good chance at winning. We live in this little WSO world where people don't love free stuff but... newsflash! People do. That's what she is offering, and they don't care about how to pay for it. Socialism the word is taboo for now, but how long will that last. People like "free" shit. And she's charismatic, photogenic, and the demographics are to her advantage. She has a very good chance in 2024 if Trump wins in 2020.
Slight tangent--IMO, the real battle line is not right vs. left, but open vs. closed. I don't mind open conservatism or open socialism, but closed forms of either don't seem very appealing.
 

I find it interesting that everything environmental has to be green. seems to me that this is toxic colourism (discrimination against other colors for you alt-right fascists). over 70% of the world is ocean (BLUE), most mass of trees is the trunk/bark/branches (BROWN), and most air is CLEAR. where's the green in that? just another plan to benefit the 1%, it's shameful the direction this country is headed. leave it to Washington to put forth racist policy wrapped in the cloak of progressivism.

 
thebrofessor:
I find it interesting that everything environmental has to be green. seems to me that this is toxic colourism (discrimination against other colors for you alt-right fascists). over 70% of the world is ocean (BLUE), most mass of trees is the trunk/bark/branches (BROWN), and most air is CLEAR. where's the green in that? just another plan to benefit the 1%, it's shameful the direction this country is headed. leave it to Washington to put forth racist policy wrapped in the cloak of progressivism.
It's because of watermelons: green outside, crimson red inside.
Never discuss with idiots, first they drag you at their level, then they beat you with experience.
 

Some of my close friends work in Nuclear Energy, and the discussions we have can be quite interesting. I am still all for nuclear energy.

That being said, this is more of a show of force for the Democratic party. I think she is also one of the proponents of taxing the rich (70% anyone?). I am not sure how she won, to be quite honest.

CRE - I know a lot of the leaders of the Democratic party, having met through at the DNC and knowing a handful of delegates. It's baffling. She is pretty much placed herself aside since there is very little support as she believes she is the "better" politician.

I sincerely doubt she will win re-election, or even a another chance at a political career.

No pain no game.
 
H13x:
Some of my close friends work in Nuclear Energy, and the discussions we have can be quite interesting. I am still all for nuclear energy.

That being said, this is more of a show of force for the Democratic party. I think she is also one of the proponents of taxing the rich (70% anyone?). I am not sure how she won, to be quite honest.

CRE - I know a lot of the leaders of the Democratic party, having met through at the DNC and knowing a handful of delegates. It's baffling. She is pretty much placed herself aside since there is very little support as she believes she is the "better" politician.

I sincerely doubt she will win re-election, or even a another chance at a political career.

She already won her seat again a multi-term incumbent backed by money, she's not going to lose it any time soon.

I strongly recommend you familiarise yourself with the principle of the ''intolerant minority'' by Taleb. https://medium.com/incerto/the-most-intolerant-wins-the-dictatorship-of…

In the long run, it's the uncompromising, stubborn, radical minority that prevails over the tolerant, silent majority. This is pretty clear in the US where political polarization is driven by activists, whose positions tend to be significantly more extreme than the median. The average Democratic moderate is terrified of being branded ''racist and sexist'' by the activist base and the Democratic leaning media, hence put up with nonsense. A good example is Ilhan Omar. She's pretty clearly an anti-semite, however she's also a non-white, non-Christian, non-man and that ranks her high in the oppressed scale of value of the left, thus she gets a free pass.

Never discuss with idiots, first they drag you at their level, then they beat you with experience.
 

She primaried a guy who didn't even try and only won by a few thousand votes, in a district that votes Democrat around 80%.

Follow the shit your fellow monkeys say @shitWSOsays Life is hard, it's even harder when you're stupid - John Wayne
 

I do love the fact that four 2020 Democratic candidates came out in support of the GND before they read it. Very smart to endorse: (i) the abolition of air travel in favor of rail (Hawaii is fucked), (ii) the retrofitting of EVERY building in the U.S to be more environmentally friendly, (iii) the complete elimination of the use of fossil fuels w/in 10-years (which, according to the IPCC, may lower global temperatures by a whopping 0.2 degrees in 20-years, assuming the rest of the world's emissions don't outstrip the projections), (iv) wages and benefits for those unable or UNWILLING to work, (v) the nationalization of the energy industry and swaths of the financial industry, and (vi) the possible elimination of cows, and many more pragmatic and commonsensical goals.

I come from down in the valley, where mister when you're young, they bring you up to do like your daddy done
 

I’m all in favor of environmental stuff because if we screw things up, the planet will be fine. WE ARE FUCKED

An infrastructure and reinvestment into America plan is EXACTLY what America needs, upgraded for sustainability. Me gusta.

On a side note, watch this. There is a very simple way to pull carbon out of the air while using cows etc. for real:

Get busy living
 

How did boomers create a generation of such colossal stupidity/ignorance that socialism is no longer a taboo word? I’m a (millennial) immigrant whose grandparents and parents lived through socialism, and believe me, socialism is dogsht. At some point you run out of other people’s money to pay for those who are unwilling to work. Wtf is the incentive to work?? Stop. Giving. Away. Free. Sht.

Didn’t the experiment with universal basic income in the Nordics fail recently?

I do like the infra investment idea — it’s absolutely necessary.

 
Aerfally1:
How did boomers create a generation of such colossal stupidity/ignorance that socialism is no longer a taboo word? I’m a (millennial) immigrant whose grandparents and parents lived through socialism, and believe me, socialism is dogsht. At some point you run out of other people’s money to pay for those who are unwilling to work. Wtf is the incentive to work?? Stop. Giving. Away. Free. Sht.

Didn’t the experiment with universal basic income in the Nordics fail recently?

I do like the infra investment idea — it’s absolutely necessary.

You might want to look at the ratio of liberal to conservatives in humanities for that answer. If people go to college and they are told that socialism is great, what do you think they'll believe in the end?
Never discuss with idiots, first they drag you at their level, then they beat you with experience.
 

Yeah. Correct move for dems this time around will be to run a moderate that can let trump out trump himself and mostly stand aside while that happens.

Instead they appear to be gearing up to run a bunch of shrill socialist hacks. Between a brash, dickish billionaire and a member of the sophomoric shrieking bartender/pocohontas group, america’s going to go with the brash, dickish billionnaire 100%, as they probably rightly should.

Array
 

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Cash and cash equivalents: $138,311 Financial instruments and other inventory positions owned: $448,166
 

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