Article in New York Times: Rhetorical excess undercuts the case against global warming

Copenhagen Consensus President Bjorn Lomborg joins ‘Varney & Co.’ to explain why California and New York are scaling back climate goals and argue that green policies are proving more expensive than promised.

Phasing out fossil fuel subsidies is an obvious target for the world’s next development goals.

The world spends $548 billion subsidizing fossil fuels, mostly in developing countries. A disproportionate share of the subsidies goes to the middle class and the rich – after all, they are the ones who can afford a car in poor countries.

A new survey shows that many young people are terrified of climate change. Echoing what they have heard from alarmed campaigners, journalists and politicians, they are urging drastic policies based on the claim that the "climate apocalypse" is becoming more and more deadly.