U.N. Summit to Hear Call for Rich Nations to Pay ‘Climate Damage’ Reparations

[Geee]

Officials at the United Nations COP25 climate change conference in Madrid next week must consider implementing taxes on developed countries to transfer wealth to nations dealing with “the cost of drought, floods and superstorms made worse by rising temperatures,” more than 150 environmental groups said Friday.

The financial impositions being considered include U.N.-administered taxes on financial transactions, international air travel and fossil fuels.

In an open letter to the president of the COP 25 talks, Chile’s environment minister Carolina Schmidt, the organisations urged agreement on “the creation of a comprehensive financing facility, including debt relief, for developing countries experiencing such disasters.”

The U.N.-sponsored Madrid conference is set to be dominated by discussions on so-called “loss and damage” funding, with a sharp divide between developing nations and richer polluters over how finance should be structured.

Green groups this week claimed the increased pace and intensity of climate disasters, such as the twin cyclones that devastated parts of Mozambique this year, means that funding needs boosting to keep track.

They said the amount needed for loss and damage would top $300 billion annually by 2030.

 

Breitbart

 

[Valin]

@Geee

 

Why do the words BITE ME or YOUR MAMA come to mind?

[Geee]

1 hour ago, Valin said:

@Geee

 

Why do the words BITE ME or YOUR MAMA come to mind?

Electing the proper apologists, it just could happen.  Ive lost count of the things that I thought never could happen in the last few years.

[Valin]

1 minute ago, Geee said:

Electing the proper apologists, it just could happen.  Ive lost count of the things that I thought never could happen in the last few years.

 

Thing is, the days of these large Top Down One Size Fits All organizations, is done (thanks to that little silicon chip). Even if groups like COP ever really had any power.   Chile’s environment minister Carolina Schmidt can say/demand whatever she wants. Heck some (rich) countries may even sign on to a piece of paper (virtue signaling), and nothing will be really done. The United Nations...Sound and Fury Signifying....nothing. When it started it was a fine idealistic idea, like so many  idealistic ideas/plans it has degenerated in to (at best) Farce....and not very good farce.

 

One man's opinion, freely given and worth almost that much.