On August 22, presidential candidate Bernie Sanders formally announced his new climate focused proposal dubbed The Green New Deal. The ambitious plan declares climate change a national emergency and proposes the commitment of $16.3 trillion to address the issue. That is significantly larger amount than any plan released by his Democratic opponents. In his plan, Sanders proposes reaching 100 percent renewable energy by 2030 and total decarbonization by 2050. Sander’s also proposes the transformation of America’s agricultural system by investing in small, family run farms over corporations. Another large aspect of the plan is the creation of 20 million jobs with strong benefits and safety standards, effectively ending unemployment. According to Sanders, The Green New Deal will pay for itself over a 15-year-period by scaling back military spending and creating taxes for the fossil fuel industry. If successful, the proposal estimates that the United States will save $70.4 trillion in the next 80 years.