Hoover Institution visiting fellow and climate expert Dr. Bjorn Lomborg slammed President Joe Biden’s climate bill as an ineffective farce.
Lomborg joined the Aug. 15, edition of Fox Business’ Kudlow and exposed Biden’s gargantuan $740 billion Inflation Reduction Act, which allocates a whopping $369 billion in climate spending as a joke.
Lomborg didn’t mince words, calling the bill “incredibly expensive but almost worthless.” In fact, it won’t significantly alter the world’s temperature. Lomborg concluded that one estimate of a reduction in carbon emissions found that the world’s temperature wouldn’t even budge by a “thousandth of a degree fahrenheit. That’s just, nothing!”
But Lomborg’s estimate of the bill’s effect on climate turned out to be miniscule. Lomborg predicted a reduction of global temperatures of “less than three one-hundredths of a degree by the end of the century. We will not be able to measure that.”
“You’re spending $369 billion, and you won’t be able to measure the impact,” Lomborg said. “Maybe we should have known that and maybe people would have voted differently had they known.”
Lomborg added that Biden’s plans to “eliminate fossil fuels” would be “fantastically expensive” and impractical. “Remember, everything you like about civilization is powered by lots and lots of energy,” he said. “Most of that energy today comes from fossil fuels.”
Biden is expected to sign the so-called “Inflation Reduction Act” into law today in an effort to “tackle climate change,” according to The Washington Post. But Lomborg found little evidence that Biden’s bill would impact the global climate after he plugged in estimates of carbon emission reduction into the United Nations climate model. “It’s not rocket science,” he said.
But few scientists or journalists have actually examined Biden’s climate promises, despite the huge price tag. “The spending bill, just for the climate bit, is estimated at $369 billion,” Lomborg said. “And no one is saying, ‘Well, how much will that actually do?’”
Biden told a young girl at a campaign rally in 2019 that he would destroy the fossil fuel industry. “Kiddo, I want you to just take a look, okay?” Biden said, speaking to a young girl in New Hampshire. “You don't have to agree, but I want you to look in my eyes. I guarantee you — I guarantee you — we're going to end fossil fuel.”
Conservatives are under attack. Contact ABC News at 818-460-7477, CBS News at 212-975-3247 and NBC News at 212-664-6192 and demand they report the truth about how Biden’s “worthless” Inflation Reduction Act will have a negligible effect on the climate.