Thursday, June 24, 2021
Home Climate411 Biden’s climate ‘fix’ is fantastically expensive and perfectly useless-Bjorn Lomborg

Biden’s climate ‘fix’ is fantastically expensive and perfectly useless-Bjorn Lomborg

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Climate policies could end up hurting much more by dramatically cutting growth. For rich countries, lower growth means higher risks of protests and political breakdown. This isn’t surprising. If you live in a burgeoning economy, you know that you and your children will be much better off in the coming years. Hence, you are more forgiving of the present.

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