Carbon Dioxide Reduction : The Science of Theft

To believe that there is climate change or global warming at all is to believe progressive socialist Democrats actually care about people, or the planet for that matter. Climate change and global warming is about power and money, nothing more except maybe insanity.

Even in the face of over whelming proof they are wrong headed, their computer models are worthless, they move forward demanding more and more money for research to save us all from destruction. The fact that nothing even remotely close to their predictions have come to pass means nothing, they insist it could happen so we must be prepared even it takes hundreds of years and trillions of dollars.

And as just a side note, the next time the warmer scientists come demanding more money for research, it' usually about the same time the new Mercedes Benzes are rolling off the assembly lines.

To believe we can control the climate on this planet by spending billions of dollars every year to feed the bank accounts of scientists that have been proven to be frauds and charlatans make all of us taxpayers simple minded and easily doped.

The High Price of Carbon Dioxide
Source: Bjørn Lomborg, "The Climate-Policy Trap," Project Syndicate, November 14, 2013.
December 3, 2013

Today's policies to combat climate change cost much more than the benefits they produce. Unfortunately, bad political choices often make these policies even less cost-effective, says Bjørn Lomborg, director of the Copenhagen Consensus Center and an adjunct professor at Copenhagen Business School.

Consider the European Union's 20-20 policy, which targets a 20 percent reduction in carbon dioxide (CO2) emissions below 1990 levels by 2020.

• The only peer-reviewed overview of EU climate policy estimates that it can avoid climate-related damage of about $10 billion per year.
• So, for every dollar spent, the European Union stands to avoid about 10 cents of damage.

Furthermore, the European Union demanded that renewables like wind and solar account for 20 percent of energy supplies by 2020, though this is by no means the cheapest way to cut emissions.

• For example, cutting a ton of CO2 with onshore wind turbines in Germany probably costs about $35, avoiding about 14 cents of climate damage per dollar.
• But offshore wind turbines cost about $150 per ton of CO2, avoiding just three cents of climate damage per dollar.
• Biofuels are even less efficient, costing more than $300 per ton of CO2 avoided.

Advocates of the European Union's policy often argue that we should pursue such policies nonetheless, because there is a risk that global warming will be much more severe than currently expected. But the absence of any temperature rise over the past 10-17 years has made such worse-than-expected outcomes extremely unlikely.

We need a smarter approach to tackling climate change. Rather than relying on cutting a few tons of incredibly overpriced CO2 now, we need to invest in research and development aimed at innovating down the cost of green energy in the long run, so that everyone will switch.