Posted on 11/04/2022 5:50:18 AM PDT by Oldeconomybuyer
The success or failure of the U.N.’s flagship climate conference is likely to depend on getting wealthy countries to deliver on reparations — a highly divisive and emotive issue that is seen as a fundamental question of climate justice.
It comes amid growing calls for rich countries to compensate climate-vulnerable nations as it becomes harder for many people to live safely on a warming planet.
Reparations, sometimes referred to as “loss and damage” payments, are likely to dominate proceedings at COP27, with diplomats from more than 130 countries expected to push for the creation of a dedicated loss and damage finance facility.
They argue agreement on this issue is imperative as climate impacts become more severe.
Rich countries, despite accounting for the bulk of historical greenhouse gas emissions, have long opposed the creation of a fund to address loss and damage. Many policymakers fear that accepting liability could trigger a wave of lawsuits by countries on the frontlines of the climate emergency.
The push for loss and damage payments differs from climate finance directed toward mitigation and adaptation.
Mitigation refers to efforts to reduce greenhouse gas emissions that are causing global heating by, for instance, transitioning from fossil fuels to renewable energy sources. Adaptation, meanwhile, means preparing for the adverse effects of the climate crisis by taking action to minimize the damage.
These are two established pillars of climate action. Loss and damage funding, meanwhile, is recognized by many as the third pillar of international climate policy.
(Excerpt) Read more at cnbc.com ...
“It comes amid growing calls for rich countries to compensate climate-vulnerable nations as it becomes harder for many people to live safely on a warming planet.”
I should have stayed in bed this morning. The stupid is out of control today.
“Climate Reparations” — naked Marxism: let’s redistribute the wealth from the US to all the little countries that can’t compete. Has nothing to do with climate.
You cannot make this stuff up.
This is insanity.
Hey America. The whole damn freeloading world is coming up with ways to entitle themselves to America’s wealth. How do you feel about that?
They cannot prove climate damage, so go suck eggs.
I’ll bet that the food the Communists get at CRAP27 is pretty good.
God save the Republic.
The developing world should pay reparations to the West who invented the hybrid rice strains that kept them all from starving in the 1970s, the ambulances they need to get to the hospital, the medicines that extended their lifespans by 20 years....
I suppose reparations would be sent to Gaia c/o Georgie Sorros?
“It comes amid growing calls for rich countries to compensate climate-vulnerable nations as it becomes harder for many people to live safely on a warming planet.”
What’s money going to do? Can’t have air conditioning if you have no power to run it.
typical socialists coming to capitalists with their hands out!
why is that?
oh yeah! SOCIALISM doesn’t work!!!!!
We supplied poor countries with beneficial CO2. They are benefiting, yet they still want money and feel damaged.
Kind of like the welfare recipients.
Rich countries giving money to poor countries <==> means Middle class people in rich countries giving money to rich people in poor countries!
And there’s MUCH more the West does...
We can no longer suffer these fools.
This was written in 1968. I read this when I was in college in the early 90s.
https://www.jstor.org/stable/1724745
What we see today is just the same old global socialism. Note how it wasn’t “climate change” or “global warming” back then so the excuse was different, but the “solution” was exactly the same. Global Socialism has been their goal for generations.
Gaia Worshipers are just global socialist watermelons.
“They cannot prove climate damage, so go suck eggs.”
True, but the false narrative has been inscribed in stone worldwide as settle science. It is just a different angle of control of the communist mindset.
So the globalists will buy off the votes from the little 3rd world countries in order to royally screw us?
Finally saying out loud what the real motive of the alarmists has always been. A giant wealth transfer. The only problem is that given the current state of the economies in the so called “rich” countries there might not be a whole lot of wealth to transfer. I suspect this is why the very public push for “reparations”.
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