We need to embrace data-driven solutions that address climate challenges without torching the global economy

Energy realities and climate policy provide the factual foundations necessary to understand the interaction of Energy Policy, National Security, Economic Prosperity, and Environmental Stewardship. The experts, Arun Majumdar, Daniel Yergin and Bjorn Lomborg, provide vital information on Energy supply, growing energy demand for AI, the limited impacts of climate policies on actual climate outcomes, and the need to accommodate energy realities as the basis for policy decisions. 

After the Paris Climate Agreement was signed in 2015, the World Bank declared a perilous “new course,” vowing to lead the way on green financing.

Today, it funnels 44% of its funds — $42.6 billion annually — into climate projects, siphoning resources from the world’s most desperate needs.

Bjorn Lomborg, author of "False Alarm" and "Best Things First," joins me for a fact-based discussion about the actual–and manageable–long-term effects of climate change. His insights are a breath of fresh air compared to the hysteria coming from the left.

Journal Editorial Report: Paul Gigot interviews Bjorn Lomborg. 

At the Sept. 23, 2025, U.N. General Assembly, President Donald Trump drew global headlines by blasting what he called the "extreme cost" of the green transition, arguing that climate alarmism is impoverishing ordinary people while enriching elites. Whatever one thinks of Trump’s rhetoric, he touched on an inconvenient truth: despite endless assurances from campaigners and institutions like the U.N., World Bank, and World Economic Forum, wind and solar are still not delivering cheap energy. In fact, they are making electricity more expensive. 

Copenhagen Consensus President Bjorn Lomborg joined 'Varney & Co.' to argue that U.N. climate policies punish the world’s poor, warning that costly energy mandates and forced EV adoption ignore economic realities and hinder global development.

Mientras los líderes y personas influyentes se reúnen en Nueva York para la Asamblea General de Naciones Unidas (ONU) y la Semana del Clima, dos visiones incompatibles están a punto de colisionar: las élites del mundo rico obsesionadas con el cambio climático, frente a las naciones en desarrollo que luchan contra la pobreza, el hambre y las enfermedades.
 

Světoví lídři a vlivní lidé se sjíždějí do New Yorku na Valné shromáždění OSN a konferenci Climate Week, kde se střetávají dvě neslučitelné vize: elity z bohatého světa posedlé změnou klimatu a rozvojové země bojující s chudobou, hladem a nemocemi.

Over the past half-century, environmentalists have predicted countless calamities. Their extreme predictions were typically wrong, their draconian countermeasures turned out to be mostly misguided, and we should be grateful we didn’t follow their harmful advice. We need to keep this history in mind as we are inundated with stories of climate Armageddon.