Will President Trump Kill Net Zero?
The election of Donald Trump has brought with it both hopes and fears that his Presidency will deliver a coup de grâce to the climate agenda both in the USA and globally.
In his victory speech, Trump affirmed his “Drill, Baby, Drill!” commitment to abundant and affordable energy, warning “keep your hands off the liquid gold, Bobby”.
A jokey swipe at his campaign partner and former environmental campaigner and lawyer, Robert F. Kennedy Jr. But what does this mean for Net Zero?
On Julia Hartley-Brewer’s Talk TV show, Bjorn Lomborg explained that green policies advanced in Europe, the U.K. and USA have been based on false promises.
The data, which are compelling, and which I and others have been presenting here on the Daily Sceptic, clearly show that green energy policies increase costs beyond what is sustainable (in the real sense of the word).
There are no “green jobs”, except those created in China and taken away from the productive economy. Similarly, there is no “green growth”, except that which is also taken away from the rest of the economy.
We have been “gaslit” about the benefits, argues Lomborg. Meanwhile, on X, Lomborg points out that the markets are also beginning to realise that green is not gold. On Wednesday, the Telegraph reported that shares in Danish wind turbine firms Ørsted and Vestas fell 10% on the news of Trump’s victory.
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