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Search Result for “energy subsidies”

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OPINION

Why solar and wind are not winning

Oped, Bjorn Lomborg, Published on 20/04/2024

» Despite us constantly being told that solar and wind are now the cheapest forms of electricity, governments around the world needed to spend US$1.8 trillion (66.3 trillion baht) on the green transition last year. "Wind and solar are already significantly cheaper than coal and oil" is how US President Joe Biden conveniently justifies spending hundreds of billions of dollars on green subsidies. Indeed, arguing that wind and solar is cheapest is a meme employed by green lobbyists, activists and politicians around the world. Unfortunately, as the $1.8 trillion price-tag shows, the claim is wildly deceptive.

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OPINION

COP28 won't admit real cost of net zero

News, Bjorn Lomborg, Published on 06/12/2023

» The spectacle of another annual climate conference is getting underway in Dubai. Like Kabuki theater, performative set pieces lead from one to the other: politicians and celebrities arrive by private jets; speakers predict imminent doom; hectoring NGOs cast blame; political negotiations become fraught and inevitably go overtime; and finally: the signing of a new agreement that participants hope and pretend will make a difference.