The "green energy" myth: More efficient energy won't create more jobs.

Commentaries on economics and technology.
Feb. 13 2011 6:46 AM

Green Smoke Screen

Supporters of "green energy" like to say it will create more jobs. They're wrong.

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In order for the whole planet to make a sustainable shift away from fossil fuels, we need to make low-carbon energy both cheaper and more efficient. That requires a substantial increase in research and development into next-generation green-energy alternatives. Today's research budgets are tiny, and that desperately needs to change. In the meantime, the public should be cautious of politicians' claims that deploying today's inefficient, expensive technology will result in windfall benefits at no cost.

This article comes from Project Syndicate.

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Bjørn Lomborg is an adjunct professor at the Copenhagen Business School and directs the Copenhagen Consensus Center. He is the author of The Skeptical Environmentalist, Cool It, and most recently How Much Have Global Problems Cost the World?

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