Climate-Change Colonialism Keeps Poor Countries Impoverished

Many western donors love the idea that instead of dirty, coal-fired power-plants, poor nations should ‘leapfrog’ straight to cleaner energy sources such as off-grid solar technology. The World Bank is at the forefront of these efforts, no longer funding coal energy projects.

Off-grid solar projects begin with grand intentions, but too often end with recipients barely better off. We can see this in the small Pacific island nation of Fiji, where the government – advocates of strong global climate policy – teamed up with a Japanese technology company to deliver off-grid solar power.

Copenhagen Consensus President Bjorn Lomborg joins ‘Varney & Co.’ to explain why California and New York are scaling back climate goals and argue that green policies are proving more expensive than promised.

An outspoken global actor in the grand theater of climate policy, New York has long insisted the transition to green energy would be cheap and straightforward.