The recent Baku climate summit highlighted the ongoing belief in centralized solutions, with bureaucrats agreeing to triple government climate spending to $300B annually by 2035. This move away from market-driven innovation risks stifling the private sector's proven track record of developing cleaner technologies through competition and consumer demand.

While developing nations pushed for even higher government transfers of up to $1.3T yearly, the final agreement demonstrates how international climate policy continues to rely on taxpayer-funded solutions rather than unleashing entrepreneurial potential.

The specter of shifting US politics adds another layer of uncertainty, potentially forcing European taxpayers to shoulder an even greater burden. History shows that true environmental progress comes from market incentives and technological advancement, not bureaucratic wealth redistribution.