Pomýlené objímání hořícího stromu

Excitement crackled through the environmental movement when China’s National Energy Administration announced last month that the country will spend at least $360 billion on green energy through 2020. Green elites are now toasting the communist country: While President Trump threatens to end costly climate policies, Chinese President Xi Jinping promises his nation will continue to fight climate change.

Joe Biden will rejoin the Paris climate agreement soon after being inaugurated as president of the United States. Climate change, according to Biden, is “an existential threat” to the nation, and to combat it, he proposes to spend $500 billion each year on climate policies — the equivalent of $1,500 per person.

The new climate-change study getting all the headlines is deliberately misleading. Too bad so many in the media got fooled.

By Bjørn Lomborg, in Foreign Policy