Democrats finally passed climate legislation, does it matter?

After the Paris Climate Agreement was signed in 2015, the World Bank declared a perilous “new course,” vowing to lead the way on green financing.

Today, it funnels 44% of its funds — $42.6 billion annually — into climate projects, siphoning resources from the world’s most desperate needs.

Last week, Prime Minister Justin Trudeau announced a plan to reduce plastic pollution, which will include a ban on single-use plastics as early as 2021. This is laudable: plastics clog drains and cause floods, litter nature and kill animals and birds.

Of course, plastic also makes our lives better in a myriad of ways. In just four decades, plastic packaging has become ubiquitous because it keeps everything from cereals to juice fresher and reduces transportation losses, while one-use plastics in the medical sector have made syringes, pill bottles and diagnostic equipment safer.

With leaders gathering in Paris later this month for a major climate summit, it is clear that our modern-day approach to climate change is backwards. We spend a massive amount of effort trying to make carbon too expensive and unappealing for the world to use. Instead, we need to make green energy much cheaper.

Our dependency on carbon-emitting fuels is overwhelming. The fact is that the world will not stop using fossil fuels for many decades. Despite all the excitement about green energy, globally we get a minuscule 0.4 percent of our energy from wind and solar panels.