The head of the Copenhagen consensus spoke to the Fox Business on the sidelines of the ARC conference in London, England.
Just one month after the job, President Donald Trump is making major changes in the government. This includes energy policy, which is vital to the economy.
Trump must do two things, Bullin Lomburg, the political scientist and head An alliance for responsible nationality (Arc) Conference in London last week.
“We need to get more energy because we know that the energy is a lifeline to make sure you have very prosperous communities … will do it.”
This is a different approach to the energy policy of Democrats who took earlier in this contract. In 2022, the number of federal lands dugs approved by the Biden government decreased from the previous year.
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Bjorn Lomburg speaks at the coalition conference on responsible citizenship in London, February 2025. (Arc/Andrew Persons/Persons Media)
But with a new administration, the energy policy is running. Earlier this month, the White House memo announced the formation of the National Council for energy dominance to help “launch American energy”. This means cutting the red tape and raising the power output, as the memo says.
However, there is more than that. “All over the world there are many people who are very anxious about climate change. We need to address these issues as well,” he says.
Lomburg said the method of doing this is to make significant discounts in public financing, but the smaller budget is “intelligent” towards innovation that will ultimately fix climate change. He said: “This will be much cheaper, adding,” This will lead to innovation in several different ways. “The proper allocation will be up to 30 billion dollars, which describes it as” an approximation error in most American conversations about developing cheap, free and effective energy. “
But Lomburg has mixed views on whether the phrase “Drill Baby Drill” is useful in formulating the energy policy. “It is a way, as you know, burns a lot of sounds and also to annoy many people,” I think we may not have to say this in this way. But basically, it shows you what drives the world is energy, cheap, and available energy. “
Lomburg said it is clear that the world needs more energy. He said: “It is easy for the wealthy in the rich world to say, we can do with less energy,” noting the rich developed countries such as the United States and Western Europe. “But most people in this world are incredibly poor and need much greater energy. Therefore, in this way, Trump is completely right.”
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Poor countries are largely dependent on fossil fuels, such as coal, because it is much cheaper than green technologies. “Imagine if we could make the fourth generation cheaper than fossil fuel,” Lomburg said. “We will not only get the United States and Europe, but we get the Chinese and Africans.” In other words, low -price clean energy will get more countries with the latest energy technology.
One of the regions that does not seem to have a stable energy policy is Europe, especially the United Kingdom and Germany, and they are one of the largest economies in this part of the world.
Germany has made some fundamental changes to energy policy for a decade and a half, including the desire to go green quickly. It didn’t happen. “In 2010, Germany got 79.6 % of its capacity of fossil fuel,” Lomburg told Fox Business: “Fast forward until 2023 and still get 79.3 % of its fossil fuel energy.” At least part of Germany’s position is due to its decision to reduce the production of nuclear energy to a small part of what it was in 2010.
Britain also has its own energy challenges. Since 2003, the electricity price for British families and companies jumped three times. “This is a real traction on the economy,” Lomburg said. It indicates the possibility that high energy costs are likely to pay industrial companies away from Europe to countries like China and India.
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President Donald Trump signs a series of executive orders at the White House Oval Office on February 10. (Andrew Harnik / Getty Images / Getty Images)
on United Nations He said: “We need a place where all nations can meet and speak.” However, he is not convinced of the rush to reach the network, which means that there is no carbon emissions by 2050. Poor countries. “
“I think what President Trump says now is that we need to get out of this path and get a more intelligent path,” Lomburg told Fox News.