To Fight Climate Change, Frack

Unlike me, Bjorn Lomborg more or less believes in anthropogenic climate change. Nevertheless, in Foreign Policy, he points out that the purported anti-global warming efforts of the last 20 years have been a complete failure:

The total efforts of the last 20 years of climate policy have likely reduced global emissions by less than 1 percent, or about 250 million metric tons of carbon dioxide per year. Even if this decrease were attained for 100 years, it would reduce the temperature increase at the end of the century by an immeasurable one-hundredth of a degree Fahrenheit.

What has actually succeeded in reducing CO2 emissions? Fracking. Specifically, fracking in the United States, which has made the U.S. the world’s leader in reducing CO2:

A good example is the innovation of fracked gas, which has made the price of natural gas drop dramatically — allowing a switch in electricity production away from coal. This in turn has singlehandedly caused the United States to reduce its annual CO2 emissions by about 500Mt, or about twice as much as the entire global reductions from the last 20 years of international climate negotiations. Moreover, it has not cost the United States anything — in fact, U.S. consumers are saving about $100 billion per year in cheaper prices.

So, you European green weenies–put that in your pipe and smoke it! Figuratively speaking, of course.

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