How much will it cost to slow climate change? Bjorn Lomborg, president of the Copenhagen Consensus Center, performs cost-benefit analysis on the Green New Deal and the UN’s Climate Report, analyzes the economic impact of climate change in the next century, and proposes economically feasible alternative plans to reduce climate change.
Is climate change the rapidly impending apocalypse it seems? Bjorn Lomborg discusses climate change as depicted in doomsday films like The Day after Tomorrow and breaks down why it will not be an instantaneous apocalypse as often portrayed. He talks about the economic impact climate change will have on the global GDP in the next one hundred years if not solved and the impact on the global GDP if money is spent towards resolving it. He details the reasons Alexandria Ocasio-Cortez’s Green New Deal is not feasible in the ten-year timeline she has proposed and why, even if it were feasible, it would be prohibitively expensive. He discusses the reality of reducing the amount of energy used in developing countries and how it’s unlikely that those countries will be willing to give up on things like electricity now that they have it.