Cop 27 Climate Reparations To Third World Countries From United States Tax Payers
Biden’s Insane bid to pay ‘poor nations’ for ‘climate reparations’
I am all in for green energy, however, this is not path forward!
This will cost US taxpayers trillions and trillions over 20-plus years.
It will turn the US into a nation of surfs to mirror the China model
Americans have suffered enough thanks to green-agenda idiocy at home: Limiting fossil-fuel production, despite a lack of viable alternatives, have energy prices skyrocketing, while most green subsidies amount to nothing more than corporate welfare.
Republicans, who now narrowly control the House, need to block any US money from being shipped out to fund “climate reparations.” Biden & Co. will likely offer US dollars anyway, via the World Bank and other international entities that US taxpayers already help support. But that’s just another reason to vote out the president and Democrats like him in 2024.
Climate reparations are loss and damage payments for damage and harm caused by climate change, which may include debt cancellation. The term climate reparations differ from simple "loss and damage," in that is based on the concept of reparations, that compensation holds countries accountable for historical emissions, and is an ethical and moral obligation.
"The idea behind calls for loss and damage funding is that the countries that have done most to pollute the atmosphere, and grown rich doing so, should compensate," according to The New Republic.
In a pathetic bid to “show results” from the latest global climate-change confab, the Biden administration followed Western Europe’s hysterical lead by signing on to a lunatic “climate reparations” scheme.
It’s beyond outrageous. It won’t even bring any progress in reducing global carbon emissions, the supposed goal of the COP-27 meetings. If it works as promised, it’s just another wealth transfer from wealthy nations to the (largely corrupt) governing class of poor countries.
The just-ended climate talks in Egypt brought few if any new commitments to reduce emissions; too much of the developed world are racing to find new sources of gas, oil, and even coal in the energy crisis triggered by Russia’s war on Ukraine.
So, instead, the “we need some progress” crew opted for vows from wealthier countries, supposedly the biggest climate-change offenders, to fork over funds to poorer ones claiming to have suffered “losses and damage” from climate-triggered natural disasters. (The United States had resisted the deal but caved after the European Union signed on.)
COP27 countries strike a deal to create climate fund for at-risk nations
World leaders hope to finalize the fine print (i.e., who pays what to whom, and how) over the next year, but America will surely be squeezed for the biggest sums of all. Meanwhile, China — which spews more CO2 than the United States and Europe put together — is exempt because UN climate-change rules consider it a “developing” nation.
No matter that Western nations already ship billions to poorer ones, in the form of general economic aid and to promote climate measures. Nor are most of the Third World “climate-caused disasters” clearly that: It’s just that global media, fully on board with the hysteria, refuse to check the favored narrative.
Nor will average citizens of countries that get funds likely ever see a cent of the new aid themselves: The narrative demands ignoring how their kleptocratic leaders behave. These countries count as “victims,” so no questions can be asked.
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