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18 Aug 2008 07:35 am
Only R & D Can Help
Bjorn Lomborg helps cool the warming debate:
R&D has been dropping worldwide since the early 1980s. If we
increased this investment ten-fold, it would still be ten times cheaper
than Kyoto, and probably hundreds to thousands of times cheaper than
Tickell's proposal. The literature indicates that for every pound
invested, we would do £11-worth of good. The reason: because when we
all talk about cutting CO2, we might get some well-meaning westerners
to put up a few inefficient solar panels on their roof-tops. While it
costs a lot, it will do little and have no impact on Chinese and Indian
emissions. But if we focus on investing in making cheaper
solar panels, they will become competitive sooner, making everyone,
including the Chinese and Indians, switch.
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