“My great fear is that the cost of energy will come down rapidly and so low that we will forget the lessons we should have learned, and we’ll walk away from the environmental challenges,” the mayor said during a panel discussion at the Clinton Global Initiative in Midtown.
Bloomberg’s comments were consistent with his earlier position that taxes need to be increased on energy to reduce consumption.
Among the members on Bloomberg’s panel was Turki bin Faisal Al Saud, Saudi Arabia’s former ambassador to the United States, who said oil-production nations should be part of discussions about climate change.
“Let’s discuss this in a global manner,” he said. “We have to benefit and you have to benefit. But don’t … Beat down on us and use polemic when you need to use science and good will.”