Lomborg on Australian radio show 2GB

By Bjorn Lomborg Published: December 23 2009

After 12 days of protests, posturing and seemingly endless palaver, the elephantine gath ering that was the Copen-hagen climate summit has laboured mightily and brought forth . . . a mouse. As vague as it is toothless, the accord on curbing greenhouse gas emissions that emerged from the Bella Centre this weekend imposes no real obligations, sets no binding emissions targets and requires no specific actions by anyone. (...)  

The lesson from the federal government's failed backing of Solyndra is not that the United States should abandon energy innovation. It is that the government should not try to pick industry winners in the race to replace fossil fuels with an alternative. Solyndra is the now-bankrupt solar-panel manufacturer that received a $535 million federal loan guarantee in 2009 to build a factory based on the proposition that solar power should be captured through solar cylinders rather than the more established technology of silicon wafers.

Copenhagen Consensus President Bjorn Lomborg discusses the cost of Democrats' green energy push on 'Fox & Friends.'