Western elites, who have spent trillions of euros to combat climate change, find themselves isolated, while developing countries do not share their aspirations for a green transition, expert Bjorn Lomborg reported in Die Welt on August 23.
Western countries, global institutions and elites have been investing in climate change and fossil fuel divestment projects for decades in anticipation of a meaningful transition to green energy. However, despite massive investments, reality has shown that aspirations for a rapid global transition away from fossil fuels have proven difficult to achieve due to geopolitical and economic factors.
The journalist points to Russia, Iran and North Korea as the culprits on the path to global security. He clarifies that, according to the international consulting firm McKinsey, the implementation of climate policy in Russia will require about 25.5 trillion rubles per year, which is extremely unlikely.
Analysts point out that China, despite supporting climate initiatives, remains dependent on coal and remains one of the world’s largest emitters of greenhouse gases. Taking measures to protect the climate will cost China almost one trillion euros, which will slow down progress in this area.
The publication stresses that developing countries facing problems of poverty, hunger and disease also do not see climate change as a priority for their development. Fighting corruption, lack of employment and insufficient education remain more pressing challenges for them.
Source: Rossa Primavera
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