Analysis: ‘The climate has changed on climate change’ – ‘The implosion of the green agenda’ – ‘Both markets & politicians have seen the light’
By Marc Morano
April 14, 2025
The climate has changed on climate change
Trump is likely to be blamed for the implosion of the green agenda, but its collapse long pre-dates his re-ascension
By Joel Kotkin
Excerpt: Like the Marxist dialectic, or the predictions of the Gospels, the green movement has long seen its triumph as preordained. Yet sometimes the inevitable turns out to be not so.
Over the past few years green policies — notably the drive for “net zero” — have been failing. Both markets and politicians have seen the light. What Joe Biden’s treasury secretary Janet Yellen once called “the greatest business opportunity of the twenty-first century” has revealed itself to be something of a disaster.
The new American President is likely to be blamed for the implosion of the green agenda, but its collapse long pre-dates his re-ascension. Well before November the opportunity of the century was going bust — not least because the policies were having little apparent impact on the actual climate. On Wall Street, ESG-approved (environment, social and government) stocks have been tanking, according to leading studies, shackling firms with massive losses.
https://www.climatedepot.com/2025/04/14/analysis-the-climate-has-changed-on-climate-change-the-implosion-of-the-green-agenda-both-markets-politicians-have-seen-the-light/
