Hickenlooper rolls out climate plan

Hickenlooper rolls out climate plan
© Greg Nash

White House hopeful John HickenlooperJohn Wright HickenlooperInslee unveils plan to fight fossil fuel pollution The Hill's Morning Report - Crunch time arrives for 2020 Dems with debates on deck 2020 primary debate guide: Everything you need to know ahead of the first Democratic showdown MORE released his plan to tackle the climate crisis on Thursday, joining a growing list of Democratic candidates to have done so.

The former Colorado governor's climate platform emphasizes global leadership, market-based solutions and increased investment in green tech and jobs.

It explicitly rejects frameworks like the Green New Deal, which many other candidates support, that call for job guarantees and other changes to the U.S. economy.

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"These plans, while well-intentioned, could mean huge costs for American taxpayers, and might trigger a backlash that dooms the fight against climate change," the plan reads.

That break from the field is consistent with Hickenlooper's rejection of what he calls socialism and attempts to appeal to more moderate voices in the Democratic Party.

If elected, he would have the U.S. rejoin the Paris climate agreement, the worldwide effort to contain global temperature increases that President TrumpDonald John TrumpConway defends herself against Hatch Act allegations amid threat of subpoena How to defuse Gulf tensions and avoid war with Iran Trump says 'stubborn child' Fed 'blew it' by not cutting rates MORE exited.

His plan notes that the original Paris goals are "not enough," promising to commit $100 billion each year in climate financing to developing nations and condition some aid and foreign assistance on climate change efforts.

Hickenlooper joins South Bend, Ind., Mayor Pete ButtigiegPeter (Pete) Paul ButtigiegGroup of wealthy Americans write open letter asking to be taxed more The Hill's Morning Report - Crunch time arrives for 2020 Dems with debates on deck The Memo: All eyes on faltering Biden ahead of first debate MORE (D) and former Rep. John DelaneyJohn Kevin DelaneyInslee unveils plan to fight fossil fuel pollution 2020 primary debate guide: Everything you need to know ahead of the first Democratic showdown Young activists press for change in 2020 election MORE (D-Md.) in calling for a carbon tax to "unleash market forces to help solve the emissions challenge."

While other Democrats have championed the idea of pricing carbon emissions, the concept has seen mixed acceptance in states and neighboring countries like Canada. 

The plan also calls for $200 billion in investments in transportation and renewable energy sources, plus $150 billion to upgrade the electrical grid. 

It would increase research and development into renewables and carbon capture technology as well.

Hickenlooper would also launch a "Climate Corps Program" to incentivize people to pursue careers in green tech.

He is the sixth Democratic presidential candidate to release a comprehensive climate action plan, following Delaney, former Vice President Joe BidenJoe BidenBiden, Eastland and rejecting the cult of civility Inslee unveils plan to fight fossil fuel pollution Biden lays out immigration priorities, rips Trump for 'assault on dignity' MORE, Washington Gov. Jay InsleeJay Robert InsleeInslee unveils plan to fight fossil fuel pollution 2020 primary debate guide: Everything you need to know ahead of the first Democratic showdown Americans deserve better coverage of carbon finance MORE, Colorado Sen. Michael BennetMichael Farrand BennetInslee unveils plan to fight fossil fuel pollution The Hill's Morning Report - Crunch time arrives for 2020 Dems with debates on deck 2020 primary debate guide: Everything you need to know ahead of the first Democratic showdown MORE and former Rep. Beto O’Rourke (D-Texas).

Sens. Elizabeth WarrenElizabeth Ann Warren2020 Democrat: 'My DM's are open and I actually read & respond' Group of wealthy Americans write open letter asking to be taxed more Inslee unveils plan to fight fossil fuel pollution MORE (D-Mass.) and Cory BookerCory Anthony BookerInslee unveils plan to fight fossil fuel pollution The Memo: All eyes on faltering Biden ahead of first debate Progressive group launches campaign to identify voters who switch to Warren MORE (D-N.J.) have both introduced policy plans that touch on curbing carbon emissions.