Dear Editor,
Bjorn Lomborg suggests spending a $100 billion a year on research into making renewables cost competitive with fossil fuels (Carbon tax a costly feel-good gesture that won't reduce emissions. 17/11). While I am supportive of the concept, and it makes much more sense than the government's economy destroying carbon tax; I can't help but be concerned that the offer of a large, long lived, cash cow and the prospect of permanent research jobs would only serve to create a bureaucracy that would stifle creativity and delay the great leap forward. Just look at the way climate science has hopelessly stumbled in recent years in explaining the travesty of the world's missing warming for instance, despite a healthy investment of tax payers dollars. So, rather than pump $100 billion into a bloated system every year, year in - year out, and risk a drawn out process of invention, why not offer a one off cash prize of $100 billion to the successful individual or consortium who delivers the breakthrough? Planting the seeds of innovation in the Bureaucracies of today is a sure way to sprout the weeds of the tomorrow.
