Posted on 10/18/2021 12:39:02 PM PDT by karpov
At a July global climate gathering in London, South African environment minister Barbara Creecy presented the world’s wealthiest countries with a bill: more than $750 billion annually to pay for poorer nations to shift away from fossil fuels and protect themselves from global warming.
The number was met with silence from U.S. Climate Envoy John Kerry, according to Zaheer Fakir, an adviser to Ms. Creecy. Other Western officials said they weren’t ready to discuss such a huge sum.
For decades, Western countries responsible for the bulk of greenhouse-gas emissions have pledged to pay to bring poorer nations along with them in what is expected to be a very expensive global energy transition. But they have yet to fully deliver on that promise. Now the price of the developing world’s cooperation is going up.
At the end of the month, negotiators from nearly every country will meet in Glasgow, Scotland, for a two-week climate summit, the first major gathering since governments signed the Paris accord in 2015. The goal is to strike a deal to keep the climate targets of the Paris agreement within reach
Without poorer countries on board, the world stands little chance of preventing catastrophic climate change, say many climate scientists. Emissions in the U.S. and Europe are falling as both regions push to adopt renewable energy and phase out coal-fired electricity. But emissions in the developing world are expected to rise sharply in the coming decades as billions rise out of poverty—unless those economies can shift onto a lower-carbon path.
Before signing on, poorer countries are demanding a big increase in funding from the developed world to adopt cleaner technologies and adapt to the effects of climate change such as rising sea levels and more powerful storms.
(Excerpt) Read more at wsj.com ...
“No.”
The global welfare state
It’s all about wealth redistribution, and Brandon will do his part.
Everybody wants free money.
And why not?
Dementia Joe is busy printing billions of dollars and giving it out even to the Taliban in Afghanistan.
follow the money
“ South African environment minister”
China continues its proxy war against the US.
The game is to manufacture an imaginary crisis... pandemic, weather, racism, etc... and cash in.
Nothing more.
It’s an epic con job.
It would be better to make a stack of a trillion worth of hundred dollar bills and set it on fire
China, Brazil and India are considered poor for this argument.
Why not just put all the little Despots in a room with $25 mil or so, drop in a Machete or two, and call it even?
Certainly they can work out their differences, and come to a reasonable agreement.
no sarc tag here.
Why not?
Send them the money and I predict less than 2 cents on every dollar will go for dealing with the climate. The rest will get stolen or frittered away.
This is what the global warming hoax is really all about.
Global wealth redistribution with a hefty skimming by everyone involved.
Moving money around can’t change the weather you fools
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Everything has to do with the transfer of wealth by force. Nothing ever changes.
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