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US Economy Wins from Green Exit, Unless the World Follows Suit

Date Published
November 5, 2025
Section
In the Media
Areas of Expertise
Climate Economy & Policy Globalization Macroeconomics
From:
CBS In the News

Columbia Business School’s Professor Gernot Wagner was featured in Bloomberg discussing a provocative argument circulating in policy circles: that the U.S. economy might benefit from stepping back from its clean-energy commitments. Speaking with reporter Emma Court, Wagner explained why abandoning these goals would be economically shortsighted. He emphasized that clean-energy investment drives innovation, reduces long-term climate risk, and strengthens U.S. competitiveness in global markets. Wagner noted that rolling back commitments would create regulatory uncertainty, deter private-sector investment, and leave the U.S. disadvantaged as other countries accelerate their transition to low-carbon technologies.

 

Mentioned Faculty

Gernot Wagner

Gernot Wagner

Senior Lecturer in Discipline of Economics in the Faculty of Business
Economics Division
Faculty Director, Climate Knowledge Initiative
Tamer Institute for Social Enterprise and Climate Change
Faculty Fellow
CESifo
Board Member
CarbonPlan
Columnist
Project Syndicate
Senior Fellow
Jain Family Institute
Mentioned On
Bloomberg
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