The European Union will pay $250 billion for its current climate policies each and every year for 87 years. For almost $20 trillion, temperatures by the end of the century will be reduced by a negligible 0.05ºC.
That’s a commentary on global warming from Bjorn Lomborg. He agrees that it exists and that people are contributing to it, but disagrees with panicking and paying a fortune for non-solutions. He instead espouses research and development.