Kyoto bashing, blah blah. Global warming isn't our biggest problem, blah blah. No sense regulating carbon, better to invest in technology, blah blah.

Talks about starting a worldwide fund to invest in clean energy technology. (Golly, this focus on technology sounds familiar.)

Mindy from Ceres: limits on carbon spur investment and innovation, no?

Lomborg: I support a reasonable carbon tax of $2/ton. And cap-and-trade actually doesn't drive R&D.

Dude from Amyris Biotech: Yeah, early adopters pay more, but that's what drives the cost down.

Lomborg: Buying tons of crappy stuff doesn't get you all that much R&D -- better to pay for it directly.

John from NRDC Jon Anda from EDF: What about the new economic work being done about uncertain risks, tipping points, etc.?

Lomborg: Nordhaus shows that it still doesn't pencil out to spend the money. Also, there are uncertain risks in lots of other areas too -- HIV, famine, etc.

Well, that was mercifully short.