"Green New Deal" is a bunch of hysterics going nowhere fast, and the counter point are a bunch of idiots that think a snowstorm is proof global warming doesn't exist.
We've lost the boring middle ground solution that works, just like so many other areas of policy.
In other words, it absolutely is a money grab. That's the point!
Would it be better if that money went to useful programs? Absolutely! Same as the rest of our tax dollars.
Which is generally what Democrats don't want to do b/c its not raising taxes, and Republicans don't want to do b/c its not lowering taxes… but it'd sure go a long way to actually incentivizing heavy CO2 producers to change their ways that multilateral, international agreements have so far failed terribly at actually accomplishing anything about.