Howard Schultz on Energy & Oil

Starbucks CEO; independent candidate for President until July 2019


Green New Deal is well-intended but too extreme

[When asked about the Green New Deal proposed by] Alexandria Ocasio-Cortez, Schultz called her "well-intentioned," but then started to explain why he believes the Green New Deal is an unrealistic goal.

"You can't try to solve one extreme with another," he said, referring to both Trump and the Democratic Party. He previously called Ocasio-Cortez "un-American," but now seemed to back off that view when he said [of Green New Deal supporters], "They love the country. They have their core beliefs. But you have to ask them, is any of this possible?"

"The vast majority of Americans are not going to embrace socialism," Schultz said, neglecting to note that just one of the many people running for president on the Democratic side identifies as a Democratic Socialist.

Source: Daily Beast on 2019 SXSW South-by-Southwest conference , Mar 9, 2019

Green New Deal is unrealistic at $40 trillion

The topic of the day is the Green New Deal. This would be a top priority. But we have to be sensible about it. When I read the Green New Deal I don't understand how you're going to give a job for everybody, how you're going to give free college to everybody, how you're going to create clean energy throughout the country in every building of the land, and then tally this thing up with $32 trillion on Medicare-for-All. That's about $40 trillion, plus we are sitting, ladies and gentlemen, with $22 trillion of debt on the balance sheet of America. I just don't agree this is the right way to approach things. [We'd have] to spend $20 or $30 or $40 trillion on a Green New Deal that we can't afford.
Source: CNN Town Hall: 2020 presidential hopefuls , Feb 12, 2019

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Page last updated: Apr 30, 2021