Climate Change Saves More Lives Than You’d Think

When you go shopping – whether at the corner store, or at the ritzy Galeries Lafayette or Printemps here in Paris – you expect to know what you’re spending and what you’re getting.

Strangely, when it comes to global climate treaties, our politicians like to commit to hugely expensive policies without even acknowledging that they come with a price tag.

The lesson from the federal government's failed backing of Solyndra is not that the United States should abandon energy innovation. It is that the government should not try to pick industry winners in the race to replace fossil fuels with an alternative. Solyndra is the now-bankrupt solar-panel manufacturer that received a $535 million federal loan guarantee in 2009 to build a factory based on the proposition that solar power should be captured through solar cylinders rather than the more established technology of silicon wafers.

Lomborg discussed the necessity of designing policies that work for the world's poor in order to seriously tackle global warming with Wall Street Journal editor Paul Gigot on the Journal Editorial Report.