Electric car benefits? Just myths

Prime Minister Malcolm Turnbull's diversion of $1 billion of development funds to climate aid might please climate activists at the Paris summit, but it's one of the least effective ways of helping the world's poor.

What would help is support for an end to the $680 billion wasted on annual fossil fuel subsidies that not only increase CO₂ but suck dry the public purse in many developing countries, keeping funds from areas that need it.

The devastating Russian invasion of Ukraine has captured global attention. While the world’s focus is rightly on the human toll and suffering, the crisis has highlighted the need to end reliance on Russian oil and gas. To achieve that ambition, we must be pragmatic and invest in sensible alternatives, not engage in wishful thinking about renewable energy.

John McCain, Barack Obama and Hillary Clinton all promise bold action on climate change. All have endorsed a form of cap-and-trade system that would severely limit future carbon emissions. The Democratic Congress is champing at the bit to act. So too is the Climate Action Partnership, a coalition of companies led by General Electric and Duke Energy... WSJ Opinion Journal, JOHN FUND ON THE TRAIL