Friday, 12 November 2010

Road to Nowhere: Lomborg’s $250 Billion Throw for Renewables a Step Back for the ‘Skeptical Environmentalist’

MasterResource
A free-market energy blog

"Conclusion

Bjorn Lomborg should be careful about what he wishes for. The unintended consequences pursuant to a renewable trough worth $250 billion has the potential to spawn a lot more nonsense, given its potential for increasing the size and direction of government and making energy policy even more political, much less meritorious. It also has the potential to thwart promising technologies by propping up pretenders, as is the case today with public support for wind, solar, and ethanol. Such lost opportunity costs, if Lomborg’s campaign is successful, are likely to be his legacy.

One must ask: Does Lomborg understand energy reality and energy density, as explained by Vaclav Smil in his five part series at MasterResource and popularized by Robert Bryce in his recent book, Power Hungry?

The skeptical environmentalist has become far too credulous."

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