A well-known climate change skeptic has changed his mind regarding the importance of global warming, and in his new book, he is urging the spending of over $100 billion annually to help fight warming.

Bjorn Lomborg, an academic and environmental author, has held a strong opposing opinion against global warming for some time now, writing books such as “The Skeptical Environmentalist.” In this book, he argues against claims regarding certain aspects of global warming, species loss, water shortages, etc. […] Lomborg has now switched teams and makes this new vision clear in his upcoming book, “Smart Solutions to Climate Change,” which will be published next month.

Lomborg never denied the human role in global warming, but always argued that trying to counter climate change should be a “low priority” when it comes to government spending. […] So what made him change his mind? According to Lomborg, the Copenhagen Consensus project, which is where a group of economists are asked to consider the best way to spend $50 billion, made him reconsider global warming’s importance.
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Lomborg now proposes a global carbon tax to raise $250 billion annually, where $100 billion will be spent on clean energy research and development, $50 billion on climate change adaptation and $1 billion on low-cost geo-engineering solutions. He wants the rest to be spent on better healthcare in poor countries and cleaner water.