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South Carolina Spent $9 Billion to Dig a Hole in the Ground and Then Fill it Back in
THE OBJECTION RAISED most frequently when it comes to a Green New Deal is its cost. It’s preposterous; it’s too expensive; we just can’t afford it. But before scoffing at the prospect of the wealthiest nation in the history of the world funding such a project, it’s worth taking a look at what one of the country’s poorest states was recently able to spend. South Carolina, in a bid to expand its generation of nuclear power in recent years, dropped $9 billion on a single project — and has nothing to show for it.