Contributor(s): Professor Bjørn Lomborg, Dimitri Zenghelis | Global warming is real, but it is often presented one-sided and in exaggerated form. This leads to bad policies that will do little to tackle the warming at extremely high cost, as evidenced by the Kyoto protocol and the new EU promises. The breakdown at Copenhagen shows that we need smarter solutions focused on getting long-term solutions like renewables that are cheaper than fossil fuels. And finally, we should remember, that if we really want to help the world, there are many other and better things we could focus on first, like malnutrition, free trade, vaccines, education, agricultural technology, education etc. Bjørn Lomborg is adjunct professor at the Copenhagen Business School. He is the organiser of the Copenhagen Consensus Center, which brings together some of the world's top economists, including 5 Nobel laureates, to set priorities for the world. Time magazine named Lomborg one of the world's 100 most influential people in 2004. In 2008 he was named "one of the 50 people who could save the planet" by the UK Guardian; "one of the top 100 public intellectuals" by Foreign Policy and Prospect magazine; and "one of the world's 75 most influential people of the 21st century" by Esquire. Dimitri Zenghelis is a Senior Visiting Fellow at the Grantham Research Institute at the LSE and an Associate Fellow at Chatham House. He is also a Senior Economic Advisor to Cisco's long term innovation group. Previously, he headed the Stern Review Team at the Office of Climate Change, London, and was one of the authors of the Stern Review on the Economics of Climate Change, commissioned by the then Chancellor Gordon Brown. Before working on climate change, Dimitri was Head of Economic Forecasting at HM Treasury.