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April 14, 2021, 5:00 a.m. ET
Credit.Sasha Maslov for The New York Times
“Woke capitalism” has been a steadily growing phenomenon over the past decade. The muscle of the movement was evident as early as 2015 in Indiana and 2016 in North Carolina, when corporate opposition forced Republicans to back off anti-gay and anti-transgender legislation.
Much to the dismay of the right a recent Fox News headline read “Corporations fear woke left minority more than silent majority” the movement has been gaining momentum, obscuring classic partisan allegiances in corporate America.
This drive has a fast-growing list of backers from the ranks of the Fortune 500, prepared to challenge Republican legislators across the nation.
DeSmog
Congressional Democrats have introduced a “Green New Deal” proposal that calls for a 10-year national mobilization to curb climate change by shifting the U.S. economy away from fossil fuels. Many progressives support this idea, while skeptics argue that a decade is not long enough to remake our nation’s energy system.
The closest analog to this effort occurred in 2009, when President Obama and Congress worked together to combat a severe economic recession by passing a massive economic stimulus plan. Among its many provisions, the American Recovery and Reinvestment Act of 2009 provided US$90 billion to promote clean energy. The bil’s clean energy package, which was dubbed the “biggest energy bill in history,” laid the foundation for dramatic changes to the energy system over the last 10 years.
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