Innovation not global regulation will save the planet

As you get more renewables, energy for the consumer becomes costlier.

In Germany, consumers had to subsidize green energy to the tune of 31 billion euros last year. Little surprise, Germans now pay the highest electricity prices in the world.

COPENHAGEN – Imagine that over the next 70 or 80 years, a giant port city – say, Tokyo – found itself engulfed by sea levels rising as much as 15 feet or more. Millions of inhabitants would be imperiled, along with trillions of dollars worth of infrastructure. This awful prospect is exactly the sort of thing global-warming evangelists like Al Gore have in mind when they warn that we must take “large-scale, preventive measures to protect human civilization as we know it.” The rhetoric may sound extreme, but with so much hanging in the balance, surely it’s justified.

Bjørn Lomborg Putting Global Warming in Perspective 31 May 2011, 18.30-20.30