Lomborg Shows How Kyoto Protocol Wastes Money


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(p. D7) Standing in the practical middle is Bjorn Lomborg, the free-thinking Dane who, in “The Skeptical Environmentalist” (2001), challenged the belief that the environment is going to pieces. Mr. Lomborg is now back with “Cool It,” a book brimming with useful facts and common sense.
Mr. Lomborg–“liberal, vegetarian, a former member of Greenpeace,” as he describes himself–is hard to fit into any pigeonhole. He believes that global warming is happening, that man has caused it, and that national governments need to act. Yet he also believes that Al Gore is bordering on hysteria, that some global-warming science has been distorted and hyped, and that the Kyoto Protocol and other carbon-reduction schemes are a terrible waste of money. The world needs to think more rationally, he says, about how to tackle this challenge.
. . .
Mr. Lomborg cites studies showing that by implementing Kyoto–at a cost of trillions of dollars–we might be able to achieve a 3% reduction in fluvial and coastal flooding damages. If we instead adopted smart flood policies–e.g., an end to public subsidies that encourage people to settle in flood plains, a shrewder use of levees–we could achieve a 91% reduction in damages at a fraction of the Kyoto cost.



For the full review, see:
KIMBERLEY A. STRASSEL. “BOOKSHELF; A Calm Voice in a Heated Debate.” The Wall Street Journal (Thursday, September 13, 2007): D7.
(Note: ellipsis added.)

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