Climate-Change Colonialism Keeps Poor Countries Impoverished

President Biden enthusiastically describes his administration's new Inflation Reduction Act as "the most significant legislation in history to tackle the climate crisis." Curiously though, neither officials nor media praising the IRA are stating the actual climate impact of spending $369 billion on the bill's climate provisions.

President Trump’s executive order eliminating President Obama’s standards for power plants guts the main U.S. measure to reduce harmful carbon emissions, and in doing so reveals the emptiness of the Paris climate treaty.

The science is clear-cut: Climate change is real and mostly caused by humanity. Obama committed America to major carbon cuts.

According to the International Energy Agency, the U.S. promised to cut more energy-related CO2 emissions than any country in the world from 2013 to 2025, under the Paris climate treaty.

Bjørn is the author of False Alarm: How Climate Change Panic Costs Us Trillions, Hurts the Poor, and Fails to Fix the Planet.
With his think tank, the Copenhagen Consensus, he has worked with hundreds of the world’s top economists and seven Nobel Laureates to find and promote the most effective solutions to the world’s greatest challenges, from disease and hunger to climate and education.