Public Ownership and the New Green Deal
Providing and leveraging, in a way that ensures that the public receives appropriate ownership stakes and returns on investment, adequate capital (including through community grants, public banks, and another public financing), technical expertise, supporting policies, and other forms of assistance to communities, organizations, Federal, State, and local government agencies, and businesses working on the Green New Deal mobilization"
The public is going to pay for all of this change, so the public should get a return, is one way to look at this passage. The public as an owner is likely enough to strike fear in many Republicans. And it'd be a sure trigger for them to bring up Venezuela, which has squandered the riches of its state-run oil company.
On the other hand, California is again dealing with the bankruptcy of a privately owned public utliity, PG&E, and debating whether it should be turned into a public utility. How governments should own things is an important question without a clear answer.
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