The High Cost of Green

The Biden Administration wants to spend the equivalent of $1,500 per American per year on climate policies such as electric cars. At the same time, more than half of US citizens are unwilling to pay even $24 per year.

Bjorn Lomborg argues in an interview with Fox News that this is unsustainable. Instead, we need a cheaper and more effective climate approach, focusing on ramping up green R&D. If we can innovate the price of green energy below fossil fuels, countries such as India and China could also afford to lower their emissions.

Bjorn Lomborg is not your typical environmental thinker. A former Greenpeace activist, he is now frustrated with the state of our climate change debate – calling for constructive solutions rather than apocalyptic predictions.

So what are Lomborg’s solutions? City A.M.’s Michiel Willems finds out.

There is a lot to do about nuclear energy at the moment. What do you think of nuclear power as the future, especially in light of new technology?

COPENHAGEN – As George W. Bush and Tony Blair learned the hard way, the public does not take kindly to being misled about the nature of potential threats. The after-the-fact revelation that the reasons for invading Iraq were vastly exaggerated – and in some cases completely fabricated – produced an angry backlash that helped toss the Republicans out of power in the United States in 2008 and may do the same to Britain’s Labour Party later this year. A similar shift in global public opinion is occurring with respect to climate change. (...)