The High Cost of Green

Obama's Global Warming Straddle (...) The skeptics may not be winning the debate in the media, but they're "winning the reality" according to Bjørn Lomborg, author of the bestseller The Skeptical Environmentalist. Lomborg points out that despite "tremendous amounts of worrying .  .  . if you look at actual reductions in CO2 over the last few years, nothing." Lomborg isn't opposed to government action, but he derides cap-and-trade regimes as a way for politicians to "put on a tax and get people to think it's a cool thing." (...) Read full article here

Freezing temperatures in the U.S. Northeast have pushed up heating costs, creating serious stress for many Americans. Although the rich world’s energy poor are largely forgotten in discussions about climate policies, they bear an unfair burden for well-meaning proposals. That reality is being laid bare this icy winter as energy and electricity prices surge.

Bjorn Lomborg was asked if Russian President Putin was benefitting from Europe's green agenda. He explained that because the EU doesn't want coal or fracking, and its biggest economy Germany decided to phase out nuclear power, Europe has become very dependent on Russian gas, because wind and solar cannot provide reliable energy around the clock.