OPINION

What climate spending really costs the globe

Oped, Bjorn Lomborg, Published on 24/01/2025

» Across the world, public finances are stretched dangerously thin. Per person growth continues dropping while costs are climbing for pensions, education, healthcare, and defence. These urgent priorities could easily require an additional 3-6% of GDP. Yet green campaigners are loudly calling for governments to spend up to 25% of our GDP choking growth in the name of climate change.