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We’ve Spent Enough On Climate — Shut Off The Money Spigot

The green tab keeps growing — and the results don’t.

by I & I Editorial Board
February 25, 2026, 7:50 AM
in Energy, Money & Finance, News and Opinion, Politics
Reading Time: 2 mins read
A A
3

protest world on fire
They’re not as obnoxious as the “In This House We Believe” yard signs, nor as common, but if in the right neighborhood, it’s not hard to find “Climate Action Now” signs. [some emphasis, links added]

The virtue signalers want the universe to know they are concerned that not enough is being done to keep Earth from baking. So who wants to tell them?

We do.

The volume of laws, rules, and regulations that have been passed and issued across the world to take “climate action” is probably innumerable.

But we do have a good fix on how much has been spent.

According to Danish researcher and author Bjørn Lomborg, more than $16 trillion has been shelled out for the global green transition.

Climate campaigners tell you green is cheap

It isn’t

Global green transition cost is now $16+ trillion, rising with over $2 trillion/year (2% of global GDP)

113x our spending to avoid hunger

Still, fossil CO₂ emissions set another record last yearhttps://t.co/ypTLqfQ2Hq… pic.twitter.com/xHqj9eFUXi

— Bjorn Lomborg (@BjornLomborg) February 10, 2026

Using data from a Bloomberg report published last month, Lomborg points out that from 2004 to 2025, “the world has spent at least $16 trillion on green,” a sum that’s 113 times greater than “what we spent on avoiding hunger through the World Food Program” and is rising by more than $2 trillion year, 2% of global GDP.

Despite all the spending, “fossil CO2 emissions set another record last year.”

What a grift.

Our friends at Unleash Prosperity (UP) wonder if it’s “the greatest financial scandal in human history,” and there’s good reason to believe it is.

Read rest at Issues & Insights

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Comments 3

  1. Richard Greene says:
    1 month ago

    Over the past two decades, global investment in wind, solar, electric vehicles (EVs), and battery storage has accelerated rapidly, with estimated cumulative spending reaching approximately $9 trillion to $11 trillion on the energy transition, according to 2025 analysis and 2023 reports. Recent data indicates an annual clean energy investment of over $2 trillion.

    while this was a poor investment it was not 100% wasted

    In 2024, wind and solar combined to provide 15% of global electricity generation

    In 2025, electric vehicles (EVs) accounted for approximately 25% of all new automobiles purchased globally.

    what percentage of the 10 trillion invested is wasted would be very subjective

    in my opinion the $16 trillion claim in the article is false and at least 100% higher than a realistic number

    Reply
    • Steve Bunten says:
      1 month ago

      Who gives a damn what your opinion is! Any amount of money wasted on “green energy” is too much.

      Reply
  2. Spurwing Plover says:
    1 month ago

    If those Eco-Nuts were really that serious about Global Warming/Climate Change they should all live in Grass or Mud Huts or maybe a Cave with Creepy Crawly things

    Reply

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