UN COP 28: Have we dodged the loss and damage threat again?
Voluntary foreign aid instead of liability for other countries' weather.
Voluntary foreign aid instead of liability for other countries' weather.
China is the world's largest CO2 emitter after all.
BY JENNIFER SCHUBERT-AKIN: Extreme weather in poor countries is not your fault.
Climate reparations dead in the water as U.S. House says 'No way!'
It could be great fun to watch. The developing countries fighting over nothing. China refusing to pay.
The inclusion of "loss and damage" in the COP 27 outcome represents the thin end of the wedge. We can expect a chorus of demands for climate reparations from here on out.
They have a document they call a historic breakthrough which is actually nothing but a wish list for future UN wet dreams.
For years CFACT has warned of plans to add "loss and damage" to the UN climate regime, making wealthy nations liable to compensate developing countries when extreme weather strikes.
At this rate of damage the global total would run around TWO HUNDRED TRILLION DOLLARS A YEAR.
The best defense against a ruinous loss and damage liability claim is our innocence.
A bizarre combination of climate ideologues and profiteers has been laying the groundwork for this massive money grab for years.
Deliberate vagueness is a hallmark of diplomacy and the elusive concept of "loss and damage" has made the grade in Egypt. The concept will now be discussed, but without the central feature of liability.
We are talking about potentially untold trillions of dollars.
Loss and Damage (L&D) is the name of the hugely dangerous issue whereby developed countries would compensate the developing world for damages caused by things like bad weather and rising seas, in the name of climate change.
Buried in the 133 pages of gobbledygook agreed to at last week's UN climate summit are two very dangerous provisions. These greatly advance the green cause known as "loss and damage."