The Biden-Harris administration has spent more of taxpayers’ money on climate policies than any previous U.S. administration. But a new study found that most of the climate policies enacted in the last 25 years, including the ones the Biden-Harris administration imposed on American businesses and consumers, haven’t worked.
The study, published in the Journal of Science, evaluated about 1,500 climate policies implemented between 1998 and 2022 by 41 OECD countries (The Organization for Economic Co-operation and Development). The study found only 63 policies (about 4 percent) that, combined, had successfully “reduced total emissions between 0.6 and 1.8 Gt CO2.” Due to the low success rate, researchers estimate the CO2 emissions from the 41 nations they studied will exceed the Paris Climate Agreement target by 23 billion metric tons by 2030.
