How the World Economic Forum damages the credibility of climate science

Elizabeth Woodworth

American Journal of Economics and Sociology, 2023, vol. 82, issue 5, 493-511

Abstract: The World Economic Forum (WEF) was established in 1971 with the nominal purpose of bringing together leaders to discuss global problems. However, it is well on its way to becoming the most powerful institution in the world, merely by setting forth an agenda for global management that is attractive to many political and business leaders. Two of the central issues on which the WEF has focused are climate change and the pandemic. The first has a depth of scientific support, but the WEF's stance and official pronouncements on the latter were never based on normal scientific review procedures. Since the WEF was a catalyst in the rush to judgment on COVID‐19 lockdowns and vaccine mandates, this suggests that the WEF is primarily guided by political motives, not by science. In fact, the way the WEF approaches the climate issue—as an excuse to restrict freedom without promoting renewable energy sources—makes evident the true motives of the WEF. As a result of the WEF's political use of the climate issue, the validity of climate science has been tarnished in the public mind. If there were true political will to solve the existential problem for future generations, the following could be undertaken immediately: To convert the oil industry to renewable energy, national governments of the world could agree to require that the fossil fuel companies receiving tax dollars convert to renewable energy at a rate of 7%–8% per year. Compounded, within 10 years, these companies would still be dominating the energy game, but with safe sustainable alternatives.

Date: 2023
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