Lomborg on Stossel: Whom can you trust?

Across the world, politicians are going out of their way to promise fantastically expensive climate policies. President Biden has promised to spend $500 billion each year on climate — about 13 percent of the entire federal revenue. The European Union will spend 25 percent of its budget on climate.

Most rich countries now promise to go carbon-neutral by mid-century. Shockingly, only one country has made a serious, independent estimate of the cost: New Zealand found it would optimistically cost 16 percent of its GDP by then, equivalent to the entire current New Zealand budget.

Are the EU’s Climate Policies Making Us Poorer? And have the EU promised things we can not afford to keep? Henrik Jönsson discusses the media logic behind the climate panic together with Danish author Bjørn Lomborg.
 

The global goals are a phenomenal idea. They’re what happened when the United Nations came together and said: “Here are the world’s biggest problems, and here is how we’re going to measure progress on them.” The 17 goals include promises to end extreme poverty and hunger, fix climate change and education, and reduce inequality and corruption.