The Paris Climate Agreement will cost at least $1 trillion per year, and climate activists say it will save the planet. The truth? It won't do anything for the planet, but it will make everyone poorer--except politicians and environmentalists. Bjorn Lomborg explains.
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Much has been made of the Paris Climate Agreement signed by the leaders of 178 countries in 2016. French foreign minister Laurent Fabius, speaking for many, called it a "historic turning point."
The head of the U.S. Environmental Protection Agency, Gina McCarthy, echoed the minister's remark when she testified before the House Committee on Science, Space and Technology. The Paris Agreement was, she said, an "incredible achievement." But when pressed by committee members to explain exactly how much this treaty would reduce global temperatures, she would not – …