Weaponizing economics: Big Oil, economic consultants, and climate policy delay

The role of particular scientists in opposing policies to slow and halt global warming has been extensively documented. economists, however, received less attention. Here, I trace the history an influential group economic consultants hired by petroleum industry from 1990s 2010s estimate costs various proposed climate policies. economists used models that inflated predicted while ignoring policy benefits, their results were often portrayed public as independent rather than industry-sponsored. Their work played a key undermining numerous major initiatives US over span decades, including carbon pricing participation international agreements. This study illustrates how fossil fuel funded biased analyses oppose highlights need for greater attention on paradigms, doctrines, delay.