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Search Result for “fossil fuels”

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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.

OPINION

Shifting climate costs to the world's poor

Oped, Bjorn Lomborg, Published on 28/05/2021

» To tackle climate change, rich nations are promising to end fossil fuel use in 29 years. As this becomes excruciatingly costly, the G7 is now thinking about making the world's poor pay for it. That will go badly.

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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.

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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.

OPINION

Reducing emissions not so easy

Oped, Bjorn Lomborg, Published on 10/11/2021

» At the UN Climate Summit in Glasgow (COP26), most leaders of rich nations are eagerly promising to decarbonise their economies by mid-century or even sooner. Yet, it is highly questionable if they and their successors will want or be able to keep their promise. Even worse, growth-reducing climate policies won't convince developing countries who need to lift their populations out of poverty and whose emissions matter most this century.