COP28: Climate Catastrophism Wins as the World Loses. By Michael Rectenwald, Ph.D. Mises Wire. 16 December 2023. COP28 has ended. While the 200 member states are not legally bound to execute anything treated in the agreement, delegates and climatologists have suggested that it will force the hands of nations, oil companies, industrial producers, and investors to divest from fossil fuels, accelerating a sea change toward renewable energy and climate change mitigation. Likewise, the terms, when pursued, will have a devastating impact on the world economy. (Originally published on the Mises Institute Wire. December 16, 2023.)