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False Alarm: How Climate Change Panic Costs Us Trillions, Hurts the Poor, and Fails to Fix the Planet False Alarm: How Climate Change Panic Costs Us Trillions, Hurts the Poor, and Fails to Fix the Planet by Bjørn Lomborg
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“The Paris Agreement will be the costliest pact ever agreed to, by far. It will cost us $1–$2 trillion per year from 2030 onward, if actually fully implemented. Yet the agreement will do almost nothing for the climate: all of its promises will reduce the temperature rise by the end of the century by an almost imperceptible 0.05°F. And none of the big emitting countries are anywhere close to actually delivering on their promises. Spending trillions to achieve almost nothing is, not surprisingly, a bad idea. Every dollar spent will produce climate benefits worth just 11¢.”
Bjørn Lomborg, False Alarm: How Climate Change Panic Costs Us Trillions, Hurts the Poor, and Fails to Fix the Planet
“As I will argue later in this book, we also need to stop believing that any story with climate in it is best solved through climate policies. As we will see, when we are told about the hundreds of millions of people flooded because of global warming, the argument easily becomes “we need to save them with carbon cuts.” But we will find out how little that would help. We will see that even if we went all-in and spent hundreds of trillions on climate policies, sea levels would still rise, only slightly less than if we did nothing. Millions would still get flooded. If we instead went all-in on adaptation, we could for less than a hundredth of the cost save almost everyone. The same with heat deaths; focusing on climate policies costs vastly more yet helps much, much less than air conditioning.”
Bjørn Lomborg, False Alarm: How Climate Change Panic Costs Us Trillions, Hurts the Poor, and Fails to Fix the Planet
“We need to be aware that when we insist, as part of foreign aid packages, that the developing world align with our climate priorities, we are enacting a kind of imperialism.”
Bjørn Lomborg, False Alarm: How Climate Change Panic Costs Us Trillions, Hurts the Poor, and Fails to Fix the Planet
“First, we need to evaluate climate policy in the same way that we evaluate every other policy: in terms of costs and benefits.”
Bjørn Lomborg, False Alarm: How Climate Change Panic Costs Us Trillions, Hurts the Poor, and Fails to Fix the Planet