The great ecological delusion: Costly heat pumps that barely work, electric cars recharged by diesel generators... but what if the cash spent on flawed schemes went on new green tech that REALLY worked?

The electric car industry is elated with an incoming Biden administration because it promises to extend and increase electric car subsidies to fix climate change.

Similarly, leaders across the rich world promise lavish carrots along with sticks to outlaw petrol cars. This week, British Prime Minister Boris Johnson announced a ban on the sale of new petrol and diesel cars from 2030. Unfortunately, electric cars will achieve only tiny emissions savings at a very high price.

Every year, global climate summits feature a parade of hypocrisy, as the world’s elite arrive on private jets to lecture humanity on cutting carbon emissions. The current UN climate summit in Egypt offers more breathtaking hypocrisy than usual, because the world’s rich are zealously lecturing poor countries about the dangers of fossil fuels—after devouring massive amounts of new gas, coal, and oil.

By Bjørn Lomborg Published: December 9 2010