Björn Lomborg: Europe's sceptical environmentalist

Across the world, politicians are now promising climate policies costing tens of trillions of dollars – money we don’t have and resources that are desperately needed elsewhere.

Yet, climate campaigners tell us, if we don’t spend everything on climate now, nothing else matters, because climate change threatens our very civilization. As President Biden says: climate change is "an existential threat".

Once a year or so, journalists from major news outlets travel to the Marshall Islands, a remote chain of volcanic islands and coral atolls in the Pacific Ocean, to report in panicked tones that the island nation is vanishing because of climate change. Their dispatches are often filled with raw emotion and suggest that residents are fleeing atolls swiftly sinking into the sea.

A new pragmatism is infusing the climate debate in the West, driven by voters weary of soaring energy bills and annoyed by increasingly hysterical and patronizing climate rhetoric. From Washington to Westminster, Berlin to Canberra, the political class is confronting a simple truth: aggressive net-zero mandates are delivering present economic pain for unmeasurable and far-off climate gain.