On a recent Price of Business, Host Kevin Price visited with Diana Furchtgott-Roth.
Diana Furchtgott-Roth argues that addressing natural disasters and environmental challenges requires prioritizing resilient infrastructure—such as earthquake and avalanche sensors, flood barriers, and reinforced buildings—rather than solely attempting to lower global temperatures through costly green energy mandates. She highlights that heavy spending on subsidies for wind and solar can slow economic growth and divert critical funding away from tangible, immediate mitigation and disaster-relief measures. Pointing to shift in policy mindset among global organizations and governments, she emphasizes that sustainable progress lies in fostering economic growth, reducing poverty, and ensuring affordable, reliable energy to improve standards of living and build resilient communities.
Diana Furchtgott-Roth is director of the Center for Energy, Climate, and Environment and the Herbert and Joyce Morgan Fellow in Energy and Environmental Policy at The Heritage Foundation. She is an Oxford-educated economist, a frequent guest on TV and radio shows, and a columnist for the Daily Telegraph. Diana worked in senior roles in the White House under Presidents Reagan, George H.W. Bush, and George W. Bush. She has served as Deputy Assistant Secretary for Research and Technology at the U.S. Department of Transportation; Acting Assistant Secretary for Economic Policy at the U.S. Department of Treasury; Chief Economist at the U.S. Department of Labor; Chief of Staff of the President’s Council of Economic Advisers; and Deputy Executive Secretary of the White House Domestic Policy Council. Diana is the author or coauthor of six books and hundreds of articles on economic policy, most recently United States Income, Wealth, Consumption, and Inequality (Oxford University Press, 2021). She received degrees in economics from Swarthmore College and Oxford University.
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