By Douglas Holtz-Eakin
The young drop coverage to avoid higher premiums
Germany is spending billions of dollars to combat climate change, but the money is largely wasted, one global-warming expert said. The county's efforts will turn back the hands of time by only 37 hours, he said.
Bjorn Lomborg is avidly courting publicity for his new film, "Cool It." He correctly observes that public discussion about global warming is largely between two entrenched camps of opinion. He's also right about our needing a "Plan B" climate policy that defuses the current rancorous and unproductive debate about "the man-made climate problem."
Climate change isn't a threat. CO2 isn't a significant factor. But the action we're proposing to take on climate mitigation will devastate our Western economies and impoverish a whole generation.
"Global warming is real," he said to Mr. Stossel, "and we need to fix [it].
Climate guru: Germany spending $110B to stall global warming 37 hours →
"The Germans are spending about $110 billion on subsidies for these solar panels," said Bjorn Lomborg, a Danish author and environmental analyst, on a broadcast interview with John Stossel. "The net effect of all those investments will be to postpone global warming by 37 hours by the end of the century."
Climate guru: Germany spending $110B to stall global warming 37 hours →
