We are wasting $2 trillion a year chasing ‘green’ fantasies

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We are wasting $2 trillion a year chasing ‘green’ fantasies
Opinion by Bjorn Lomborg • 17h

Despite much hype, the much-vaunted green energy transition away from fossil fuels isn’t happening.

Achieving a meaningful shift with current policies turns out to be unaffordable. We need to drastically change policy direction.

Globally, we are already spending almost $2 trillion annually to try to force an energy transition. Over the past decade, solar and wind energy use has increased to their highest-ever levels.
 
But it hasn’t reduced fossil fuels — on the contrary, we have added even more fossil fuels over the same time.

https://www.msn.com/en-us/money/markets/we-are-wasting-2-trillion-a-year-chasing-green-fantasies/ar-AA1oC2t7?ocid=msedgdhp&pc=HCTS&cvid=8ab873b3099d44c7bdeca1f346db8628&ei=25