The Myth of Green Energy Security

The Myth of Green Energy Security

Bjorn Lomberg's article includes:
"An analysis of the costs and benefits of the policy in 2010 by climate economist Richard Tol showed that the annual price tag would be around €210 billion. Running the policy through the RICE climate-economic model reveals that by the end of this century, it will reduce temperature rises by just 0.05°C (0.1ºF)."
...
"The researchers find that the full 20-20-20 plan would actually mean “increased energy imports as well as increased price risks” – mainly because the tax imposed on electricity to achieve the efficiency target of the 20-20-20 plan will affect nuclear power the most. In other words, the very policy that was supposed to achieve greater energy security is in fact likely to hike prices and lead to greater reliance on foreign energy imports."