Lomborg in Rolling Stone

The Biden Administration wants to spend the equivalent of $1,500 per American per year on climate policies such as electric cars. At the same time, more than half of US citizens are unwilling to pay even $24 per year.

Bjorn Lomborg argues in an interview with Fox News that this is unsustainable. Instead, we need a cheaper and more effective climate approach, focusing on ramping up green R&D. If we can innovate the price of green energy below fossil fuels, countries such as India and China could also afford to lower their emissions.

Why the carbon-capping frenzy has died down

Bjorn Lomborg Thursday, February 3, 2011

The new United Nations report is being talked about as though it portends the end of the world: To avoid catastrophe, we must instantly transform the entire economy no matter the costs.

This is unjustified. The Intergovernmental Panel on Climate Change (IPCC), in its latest major global analysis, estimated that the total impact of unmitigated climate change from extreme weather, changes in agriculture, rising sea levels and so on would be equivalent to reducing the average person’s income by between 0.2 and 2 percent in the 2070s.