CN: Interview with Lomborg at Xinhua

At the recently concluded UN climate summit, wealthy nations agreed to pay climate reparations to poor countries. Unfortunately, this could ultimately be a bad deal even for the recipients, if the West expects developing nations to forego fossil fuels that would help them to develop and get more resilient towards natural disasters.

Bjorn Lomborg also discussed the topic on The Journal Editorial Report with Wall Street Journal editor Paul Gigot.

Lomborg Sees No U-Turn in Renewable Energy, Carbon Tax Support By Gelu Sulugiuc - Sep 20, 2010

Bjoern Lomborg, the Danish social scientist known for his opposition to efforts to cut emissions, said taxing carbon dioxide and raising investments in renewable energy are the best ways to limit global warming. The author of the best-seller, “The Skeptical Environmentalist,” in a new book advocated global spending on developing renewable-energy technologies of about $100 billion a year and new carbon taxes instead of cap-and-trade programs. (...) 

Inadequate and poor-quality power supply means frequent interruptions, poor voltage levels, and dissatisfied consumers across much of the country. Adding up all the losses in the system—including the losses due to energy dissipated in conductors, transformers and other equipment, along with pilferage by those who bypass meters, and losses from failure to recover the amount billed to consumers—India’s total energy losses came to 24% in 2015-16, significantly more than international norms.