The U.S. Economy Could Benefit from a Green Exit - Unless the World Follows Suit, Report Claims

Columbia Business School’s Professor Gernot Wagner spoke with Los Angeles Times reporter Emma Court about the potential long-term economic consequences if the United States were to abandon its green energy commitments. Wagner explained that while a short-term economic boost could occur from relaxing environmental regulations, the broader impacts—ranging from climate-related damages to diminished global competitiveness—would far outweigh any immediate gains. He emphasized that the U.S. risks falling behind other nations investing heavily in clean-energy innovation and infrastructure, creating vulnerabilities for American industry, labor markets, and future growth.