Posted on 01/15/2023 5:23:03 AM PST by Oldeconomybuyer
ABU DHABI (Reuters) - U.S. climate envoy John Kerry on Sunday outlined core principles for a "high-integrity" carbon offset plan meant to help developing nations speed their energy transition, and next steps including establishing a consultative group.
The Energy Transition Accelerator (ETA), first announced at last year's COP27 climate conference, is being developed by the United States with the Bezos Earth Fund and the Rockefeller Foundation to mobilise private capital.
Kerry told the Atlantic Council Global Energy Forum in Abu Dhabi the aim was to create bankable deals to accelerate reduction of emissions, stressing that the ETA was not a substitute for other funding sources and would be time-limited.
"We believe you can have high-integrity, accountable, transparent credit which will help us to be able to put some money on the table," he said, acknowledging widespread criticism of voluntary carbon offset schemes.
Such schemes, in which companies get emissions credits in return for channelling cash to poor countries that cut their carbon output, have often been riddled with fraud and double-counting.
He said ETA principles also called for a near-term, inclusive and comprehensive approach to deliver on broader sustainable development goals and support power sector-wide energy transition.
The Rockefeller Foundation on Sunday published a joint statement with a preliminary list of members of the ETA High-Level Consultative Group which Kerry said would provide a broad cross section of input and would add more participants.
(Excerpt) Read more at msn.com ...
“Carbon offset” means money taken from the plebes and given to the political class.
“high integrity”
Meaning, a better way that makes it more difficult for any authorities to detect the money laundering.
Of course. There is really no other reason to be involved.
YOU are the carbon they want to reduce.
I read about a guy in South Africa who would plant trees and sell carbon credits for them through NGOs. He said that when the trees were big enough the natives would cut them down for firewood.
Kerry is making millions feeding this nonsense to taxpayers.
IOW a taxpayer-funded slush Fund for Deep States.
We’re going to throw tax dollars at “developing nations” and turn them into pollution creating nations. Smart!
Kerry is a harmless has been. Kerry occasionally gets mention, but everybody knows his voice emanates from the pasture to which he has been banished
How much carbon was emitted by the private 777 he took from Washington (or was it Martha’s Vineyard?) and the UAE?
Mama T is getting a bit long in the tooth to I’ll bet Johnny has his eye on yet another billionaire...the former Mrs Bill Gates.
“..How much carbon was emitted by the private 777 he took from Washington (or was it Martha’s Vineyard?) and the UAE?...”
Oh, you don’t understand: that don’t count as it is/was for “the cause”. /s
“It’s carbon for me, but none for thee” sorta thing with these pukes.
The “unwashed masses” don’t need no stinkin’ carbon....they ARE the carbon!!!!
I utterly despise these vile POSs.....
I disagree about your word selection. Kerry is not “harmless”, he is however ineffective and a bloviating mendacious reprobate who’s managed to become quite wealthy as a governMENTAL grifter.
I have grown up watching his disgraceful behavior and have marveled at his ability to attract followers. He makes me wretch.
My tense is was, not is.
You are correct.... Kerry was
You starving people need to starve more so I can fly in my jet spreading nonsense around the world.
The Climate Cult is going ahead with their insanity and no one will stop them
All involved should be publicly executed, and their houses burned to the ground.
All on tv.
Old horseface thinks he’s really important.
Kerry is a harmless never was.
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