Scott Bessent Denies Climate Change Because Of The Ice Age And Water
Treasury Secretary Scott babbled nonsense to the Institute of International Finance on global warming saying it's impossible to know how to deal with climate change because the planet is going through cycles, is mostly water and it's impossible to deconstruct a way forward or predict its effects on the planet. Apparently science doesn't exist.
Bessent never once denied global warming is happening, but his other words said it out loud and his response was to do nothing.
He's lucky the interviewer had no actual scientific knowledge on the issue or Bessent would have looked foolish.
The IIF interview largely said that yes, climate is changing, but the World Bank and the IMF should focus on economic issues to try to make the world better instead of dealing with climate change.
In essences, Bessent's main message was to tell the world and its major institutions to ignore climate change and focus on economic growth.
What, me worry?
BESSENT: And look, I think projecting anything that, if you look, economists have trouble projecting 3, 6, 12 months, whether it's my economist at Treasury, whether it's the IMF or World Bank economist, and try to project something so far into the future.
If you think about a y-axis and an x-axis, what we're really thinking about is the z-axis in terms of the trajectory.
And why does the trajectory matter?
Yes, the climate does change. As we all know, the natural habitat for the Earth is actually water.