Climate Alarmism Hurts the Poor (Guest: Rob Bradley Jr.)
Recently, voices on the left have expressed concerns towards efforts to restrict fossil fuel usage in the name of fighting climate change as these efforts hurt the poorest hardest.
Using mainstream climate models, Ted Nordhaus, a leading left thinker, shows policies that restrict fossil fuels to fight climate change are harmful for the poor. Nordhaus states that the best course of action is to encourage economic growth that enables poorer individuals to improve their economic status and adapt to the effects of climate change.
Building on Nordhaus' analysis, Rob Bradley Jr., CEO of the Institute for Energy Research, explains why programs to fight climate change hurt the poor. Bradley also explains why renewable energy sources will be phased out as government subsidies end. Bradley asserts renewable energy is a creature of, and dependent on, government.