Bjorn Lomborg: The global Paris climate failure – ‘Uncompetitive solar & wind, meeting less than 1% of global energy needs’
Lomborg: Despite having excellent PR, green energy remains expensive and inefficient compared to fossil fuels. The International Energy Agency finds that this year, more than $115 billion will be spent on subsidies just for uncompetitive solar and wind, meeting less than 1% of global energy needs...The Paris agreement was always oversold. Despite rhetoric about keeping temperature rises to 2 or even 1.5 degrees Celsius, the United Nations body that oversees the Treaty estimates that if every country were to achieve every promise by 2030, the total greenhouse gas cut would be equivalent to just 60 billion tons of carbon dioxide. Keeping the global temperature rise below 2 degrees C requires a reduction in emissions during this century of almost 6,000 billion tons. Even with complete success, Paris makes only 1% progress toward the least ambitious target.
"If the planet is on a carbon diet, then the Paris Agreement is just a flippant promise to eat one salad. Its advocates want us to belief that, 15 years after this salad, we will then undertake incredibly strict exercise and diet regimen."