Hickenlooper rolls out climate plan

Hickenlooper rolls out climate plan
© Greg Nash

White House hopeful John HickenlooperJohn HickenlooperKrystal Ball dismisses Rahm Emanuel's 'Medicare for All' criticism as a 'corporatist mantra' Trump says remark about Colorado border wall was made 'kiddingly' Colorado governor mocks Trump for saying he's building wall there 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 TrumpGOP senators balk at lengthy impeachment trial Warren goes local in race to build 2020 movement 2020 Democrats make play for veterans' votes 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 Buttigieg2020 Democrats make play for veterans' votes 2020 Dems put focus on stemming veteran suicides The Memo: Democrats confront prospect of long primary MORE (D) and former Rep. John DelaneyJohn Kevin DelaneyDelaney to take message to Iowa voters on Sunday with infomercial Bloomberg run should push Warren to the center — but won't The Hill's 12:30 Report: Impeachment fight enters new stage 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 BidenGOP senators balk at lengthy impeachment trial 2020 Democrats make play for veterans' votes 2020 Dems put focus on stemming veteran suicides MORE, Washington Gov. Jay InsleeJay Robert InsleeO'Rourke ends presidential bid Sunrise Movement organizer: Sanders, Warren boast strongest climate change plans Overnight Energy: Farmers say EPA reneged on ethanol deal | EPA scrubs senators' quotes from controversial ethanol announcement | Perry unsure if he'll comply with subpoena | John Kerry criticizes lack of climate talk at debate MORE, Colorado Sen. Michael BennetMichael Farrand BennetBiden, Buttigieg condemn rocket attacks on Israel Press: Another billionaire need not apply Democrats debate how to defeat Trump: fight or heal MORE and former Rep. Beto O’Rourke (D-Texas).

Sens. Elizabeth WarrenElizabeth Ann WarrenWarren goes local in race to build 2020 movement 2020 Democrats make play for veterans' votes 2020 Dems put focus on stemming veteran suicides MORE (D-Mass.) and Cory BookerCory Anthony BookerGOP senator blasts Dem bills on 'opportunity zones' Booker on Erdoğan: We should not be 'rolling out the red carpet for a ruthless authoritarian' The Hill's Morning Report - Diplomats kick off public evidence about Trump, Ukraine MORE (D-N.J.) have both introduced policy plans that touch on curbing carbon emissions.