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Search Result for “oil fund loan guarantee”

Showing 1 - 8 of 8

OPINION

Climate fixation fails world's poor

Oped, Bjorn Lomborg, Published on 17/04/2026

» This week in Washington, more than 10,000 delegates, finance ministers, and central bankers are gathering for the World Bank and IMF Spring Meetings. Their stated goal: accelerate global development, drive economic growth, and lift billions out of poverty.

OPINION

'Green China' story hides true energy picture

News, Bjorn Lomborg, Published on 21/03/2026

» Many in the West gaze in awe at China's apparent dominance in green energy.

OPINION

Pricey policies to curb climate change 'dead'

Oped, Bjorn Lomborg, Published on 28/11/2024

» The latest climate summit has been as hypocritical and dysfunctional as every one before, with most world leaders not even bothering to turn up. Still, 50,000 people flew in from across the world, while essentially telling the rest of us to stop flying. Poor-country politicians performatively staged a "walk-out", and rich nations ended up promising a climate slush fund of US$300 billion (about 10 trillion baht) a year.

OPINION

The transition to green energy that wasn't

Oped, Bjorn Lomborg, Published on 06/09/2024

» Despite much hype, the much-vaunted green energy transition away from fossil fuels isn't happening. Achieving a meaningful shift with current policies turns out to be unaffordably costly. We need to drastically change policy direction.

OPINION

Eyeing climate change, follow science, warily

Oped, Bjorn Lomborg, Published on 06/06/2024

» We endlessly hear the flawed assertion that because climate change is real, we should "follow the science" and end fossil fuel use. We hear this claim from politicians who favour swift carbon cuts, and from natural scientists themselves, as when the editor-in-chief of Nature insists "The science is clear -- fossil fuels must go".

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.

OPINION

Rich world raids development funds for climate

Oped, Bjorn Lomborg, Published on 27/01/2024

» Too many rich-world politicians and climate campaigners forget that much of the world remains mired in poverty and hunger. Yet, rich countries are increasingly replacing their development aid with climate spending. The World Bank, whose primary goal is to help people out of poverty, has now announced it will divert 45% of its funding toward climate change, shifting some US$40 billion annually away from poverty and hunger.

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.