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Alternative Quote by Bjorn Lomborg

“Even if every major government were to slap huge taxes on carbon fuels - which is not going to happen - it wouldn't do much to halt climate change any time soon. What it would do is cost us hundreds of billions - if not trillions - of dollars, because alternative energy technologies are not yet…” quote by Bjorn Lomborg
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“Even if every major government were to slap huge taxes on carbon fuels - which is not going to happen - it wouldn't do much to halt climate change any time soon. What it would do is cost us hundreds of billions - if not trillions - of dollars, because alternative energy technologies are not yet ready to take up the slack.”

Bjorn Lomborg

About This Quote

Source Speech: TED Talk, 2018 on Climate Economics

High carbon taxes would be costly now because clean tech isn’t ready, so they won’t quickly stop climate change.

In simple terms: Carbon taxes are expensive and ineffective now.

Key Takeaway

Consider cheaper, faster climate solutions.

Themes

economics environment policy technology cost climate change

Mood

cautious analytical

Type

policy economic

When to use this quote

  • government budgeting
  • energy investment
  • public policy debates
  • business planning

Key Concepts

externalities transition risk energy markets

Questions to Reflect On

  • What incentives could accelerate clean tech?
  • How to balance economic impact and climate urgency?
A Different Perspective

If clean tech advances faster, taxes could work; otherwise they may harm economies.

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