Bjorn Lomborg Profile picture
Aug 28, 2021 7 tweets 5 min read Read on X
New Nature study shows net-zero will cost each American more than $11,000 every year by 2050

That's ~100x more expensive than what Americans are willing to pay

Current, super-expensive climate policy simply won't get net-zero past voters

nature.com/articles/s4155…
New Nature study shows net-zero will cost the US more than 12% of its GDP every year by 2050

For comparison, Social Security today costs 5% of US GDP and Medicare/Medicaid 6.4%

Implausible voters will accept such cost of net-zero

cbo.gov/system/files/2…
nature.com/articles/s4155…
New Nature study shows net-zero will cost the US more than $4 trillion every year by 2050

For comparison, Social Security today costs $1.1tr and Medicare/Medicaid $1.4tr

Implausible voters will accept such cost of net-zero

cbo.gov/system/files/2…
nature.com/articles/s4155…
New Nature study shows that national, uniform climate policy to reduce emissions 80% (still 20% from net-zero) will cost 5.6% of US GDP ($2.1 trillion per year)

Some states will pay less (e.g. California), some will pay much more (Louisiana)

nature.com/articles/s4155…
New Nature study shows that letting states set their own climate policy costs slightly more

but is politically more realistic

Reducing emissions 80% will cost 5.9% of US GDP ($2.2 trillion per year)

nature.com/articles/s4155…
Not surprising that 20% lower than 2005 by 2050 is affordable

— 2020 was 30.5% lower (although Covid)

But "cost increases dramatically from moderate to ambitious" climate policy

It is implausible to sell $1000s or more in annual costs to most voters

nature.com/articles/s4155…
Instead of high-cost climate policies telling people 'no'

We should dramatically ramp up investment in green R&D, from $15 to $100bn/yr (much cheaper)

Such innovation can drive price of low-CO₂ energy down below fossil fuels and help everyone switch

sciencedirect.com/science/articl…

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Bjorn Lomborg

Bjorn Lomborg Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @BjornLomborg

Oct 31
Spanish floods are tragic — as they are everywhere

But remember flood deaths down dramatically

Globally, floods now kill 5,400/year, down from 400,000/year in 1930s

Deaths from European floods down 7-fold to less than 100 per year today

nature.com/articles/s4146…Image
Despite breathless climate reporting,

not only are European floods causing fewer deaths (tweet above) but

Losses from floods in Europe are declining, not increasing

nature.com/articles/s4146…Image
Death from flooding declining (2nd row)

not only for rich countries but for poor countries

Deaths declining for almost all extreme weather for rich and poor

for flood, flash flood, coastal flood, cold and wind

and for all extreme weather

sciencedirect.com/science/articl…Image
Read 5 tweets
Sep 15
New study: Climate change saves 282,000 babies

Higher temperatures mean more heat, and more babies dying from heat

but it also means less cold, and many more babies not dying from cold

In total, higher temps saved 282,251 babies in 29 poorer countries from 2000-19

Did you read that anywhere?

nature.com/articles/s4146…Image
As we have come to expect from studies of heat and cold, they use unequal scales, which makes heat and cold look about the same

— they're not, as you can see on the right


nature.com/articles/s4146…

Image
The study is very explicit in pointing out that the change in extra heat deaths and fewer cold deaths is caused by climate change

nature.com/articles/s4146…
Image
Read 6 tweets
Sep 11
EU climate policy has enormous costs

Industry electricity prices have increased 70% in real terms since 2000

EU industries now pay 2.7x the electricity price in the US (and 1.9x in China)

EU households now pay 2x US electricity price (and 3.3x China)

iea.org/data-and-stati…Image
EU climate policy causes high electricity costs

Consequently, EU can afford much less electricity per person

In this century, the EU has managed to get access to almost as much electricity per person as the US got in 1968


iea.org/data-and-stati…
data.worldbank.org/indicator/SP.P…Image
EU climate policy has enormous costs

Electricity prices for industry have increased 78% in real terms since 1978

EU industries now pay 2.5x the electricity price in the US (and 1.9x in China)

EU households pay 2x US electricity price (and 3.3x China)

iea.org/data-and-stati…Image
Read 5 tweets
Aug 30
Outrageously misleading climate scare from the UN

Today, 85% more old people die from heat

What they don't tell you:

There are now 86% more old people



un.org/sg/en/content/…
thelancet.com/journals/lance…
population.un.org/dataportal/
I write about this and many other heat scares from the UN in today's WSJ

wsj.com/opinion/united…
Here is UNICEF misinforming on heat
Image
Read 5 tweets
Aug 3
Fake news doesn't just come from foreign enemies

Friday, WHO claimed that 175,000 Europeans died from extreme heat

I pointed out that was untrue, almost 4x exaggerated

Saturday morning, WHO admitted this in the smallest possible way — they simply changed their website (and address) and had some online publications delete "extreme"

But, of course, by then the story had already made its intended impact across the world

WHO believes "Climate change is the greatest threat to global health in the 21st century" — which is just laughable and one of the reasons it was caught off-guard by Covid

This belief colors the 'findings' of WHO. In their Friday statement, the WHO Europe director explicitly worries about the "climate crisis" and expressed his support for climate action costing $1,000s of trillions (1.5oC target), so he obviously would like a dramatic and large number to make it around the world

Summary: WHO told us extreme heat kills 175K+, a number they've now admitted is almost 4x exaggerated. And they don't tell you that cold deaths at 657K are almost 4x bigger than all heat deaths. This is not informing you well

Journalists have to realize that when e.g. WHO says something, it also needs to be fact-checked

Friday claim:

Saturday update:

My tweet to ask for correction (which the director hasn't replied to):

The actual problem put in context:

WHO climate biggest challenge: web.archive.org/web/2024080206…
who.int/europe/news/it…


web.archive.org/web/2015100811…Image
WHO wrongly claimed that 175,000 Europeans die from extreme heat every year

This scary but wrong story got all the headlines

When called out, WHO acknowledged it by simply changing their website (and some online publications)

— but by then, all the scary stories had already had their impact

Friday claim:
Their update:

My tweet to ask for correction (which the director hasn't replied to):
The actual problem put in context: web.archive.org/web/2024080206…
who.int/europe/news/it…

Image
This is what WHO should tell you (because it is true):

Moderate cold is the biggest killer in Europe, followed by moderate heat, extreme cold, and only lastly by the smallest killer, extreme heat

But that doesn't fit the narrative

Image
Read 5 tweets
Jul 17
Another environmental scare debunked:

Acid rain killing all forests was the main environmental scare in the 1980s

A new half-century study shows acid rain doesn't kill trees

— actually, trees grow more with acid rain!

sciencedirect.com/science/articl…Image
Acid rain scare in the 1980s delivered full-on panic

No more so than in Germany, where papers claimed "the forest is dying," called it an "ecological Hiroshima" and claimed ‘‘the dying of the forests will have a greater impact on our country than World War II’’

All falseImage
The 1980s Acid Rain scare we know now was mostly false

New study: acid rain actually makes trees grow faster

Yet, a majority of Germans in 1985 believed "all forests will be dead by 2000" because of acid rain

We were misled


bibliothek.wzb.eu/pdf/1986/iiug-…
sauerlaender-verlag.com/CMS/uploads/me…Image
Read 7 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

:(