Scepticism on the EU and CO2

Comment is free: High hopes

Bjorn Lomborg's comment piece on the recent EU announcements about CO2 cuts is well worth reading. A few key extracts:

Man-made climate change is, of course, real, and constitutes a serious problem. Yet the current cut-emissions-now-before-it-is-too-late mindset neglects the fact that the world has no sensible short-term solutions.

This seems to be why we focus on feel-good approaches like the Kyoto Protocol, whose fundamental problem has always been that it is simultaneously impossibly ambitious, environmentally inconsequential, and inordinately expensive. It required such big reductions that only few countries could live up to it. ...

We will not be able to solve global warming over the next decades, but only the next half or full century. We need to find a viable, long-term strategy that is smart, equitable, and doesn't require inordinate sacrifice for trivial benefits. Fortunately, there is such a strategy: research and development. Investing in R&D of non-carbon-emitting energy technologies would leave future generations able to make serious and yet economically feasible and advantageous cuts. A new global warming treaty should mandate spending 0.05% of GDP on R&D in the future. It would be much cheaper, yet do much more good in the long run.