“Show us the money!” climate activists demand, and rich countries are expected to pony up.
Do I hear $100 billion? Would you give $1 trillion? Now, then, would you give $2 trillion?
The climate reparations bidding war is on. What began at $100-billion-a-year at COP21 in Paris rapidly ballooned to $1.3-trillion on the eve of COP27 in Sharm-el-Sheikh-Down, Egypt, and now stands at $2.4-trillion annually! And we’re nowhere near “going once, going twice, sold.” [emphasis, links added]
Of course, it was always about the money – endless sums of cash supposedly to help developing countries (like China!) adapt to dangerous man-made climate change, cover entire regions with wind and solar, and secure “fair, just, and equitable” reparations for soaring temperatures, rising seas, destructive storms, floods, droughts and famines allegedly caused by countries that have used fossil fuels since 1850.
Yes, China. The Middle Kingdom has long postured itself as a developing country when it comes to when it might start building fewer coal-fired power plants and slowly shift to “renewable” energy.
Now China says it will pay non-cash climate reparations if the United States pays in dollars. Of course, any US, UK, German, et cetera “fair share” would be exorbitant – and paid while they “transition” rapidly away from fossil fuels, regardless of the economic, social, and ecological costs.
As Oliver Hardy would say, “Another fine mess you’ve gotten me into,” Joe, John, and the rest of Team Biden’s climate-obsessed, fossil-fuel-eradicating, eco-justice warriors.
They and their activist, media, and academia allies created the climate scare – the assertion that fossil fuel emissions alone are driving today’s climate and weather.
Never mind that since the last Pleistocene ice age, average global temperatures climbed significantly (Baruch Hashem); sea levels rose some 400 feet; and floods, droughts, hurricanes, and other disasters ravaged the planet and humanity countless times.
Anything happening today, however, is due to countries that got rich using fossil fuels. Or so they insist.
Therefore, naturally, COP27 organizers, activists, and attendees now say the “climate crisis” requires enormous payments from rich countries to poor countries – or more accurately, from poor people in rich countries to rich kleptocrats in poor countries. That raises another inconvenient truth.
Not long ago, Obama’s “science advisor” John Holdren intoned:
“Only one rational path is open to us – simultaneous de-development of the [United States and other over-developed countries] and semi-development of the under-developed countries, in order to approach a decent and ecologically sustainable standard of living for all in between.”
This de-development ideology is shared by many others.
Well, de-development and deindustrialization are already underway in Britain, Germany, and elsewhere, because wind, solar, and battery (WSB) energy cannot possibly replace abundant, reliable, affordable, non-weather-dependent fossil fuel and nuclear energy.
Jobs, companies, and entire industries are already disappearing across Europe, as it destroys fossil fuel power plants but has nothing viable to replace them.
So how are all these de-developing Formerly Rich Countries (FRCs) going to deliver billions or trillions annually to pay climate reparations and help poor countries develop? They cannot possibly do so.
Even worse, eco-imperialist developed countries continue demanding that poor countries develop only to the minimal extent that WSB technologies would permit. Rich countries, the World Bank, and global financial institutions refuse to finance anything but pseudo-renewable energy.
These unconscionable policies perpetuate joblessness, poverty, disease, and death – and advance the other basic goal of “climate stabilization” programs: controlling our lives and living standards.
But poor nations have inalienable, God-given rights to develop, using fossil fuel, nuclear and hydroelectric power – and petroleum as feedstocks for fertilizers, pharmaceuticals, plastics, and hundreds of other miraculous life-enhancing, life-saving products (developed by countries that are now expected to pay reparations).
Developed nations must help developing nations reach those goals. Instead, they too often block pathways to better lives. Still more outrageous, the USA and Europe have the nerve to ask African, Asian, and Latin American nations to produce more oil and gas, but only for export to the USA and Europe!
Meanwhile, Britain is setting up “warm rooms,” where people can go for a few hours a day, instead of freezing hungry and jobless in dark apartments. It’s as though Merry Old England has suddenly been transported back to the Middle Ages by politicians who put climate virtue signaling above their constituents’ basic needs.
Meanwhile, Germany is dismantling an industrial wind power installation – so that it can extract the lignite coal underneath to run generating plants, to keep factories operating and homes warm!
Even crazier, these are just a few examples of the insanity gripping the world’s political classes, especially during Conferences of Parties (COPs) on climate change.
Happily, escaping this insane asylum requires little more than recognizing a few simple realities:
- The vast majority of nations signed the Paris climate treaty for the money – most of which they are now beginning to realize they will never receive. Moreover, coal, oil, and natural gas still provide 82% of the world’s energy; nuclear, hydroelectric and biomass (wood and dung) provide most remaining energy needs, and less than 2% comes from wind and solar.
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Developing countries will be using fossil fuels for decades to come – and emitting more plant-fertilizing carbon dioxide in the process – much of it to extract the raw materials and manufacture the “green tech” they will export to the US, UK, EU, and other soon-to-be-FRCs. So even if developed countries totally eliminate their fossil fuel use, atmospheric greenhouse gas levels will continue to climb.
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But that won’t matter, because there is no evidence that we face a climate crisis, much less a man-made climate crisis, much less changes unprecedented in Earth or human history. Humans are likely affecting temperature, humidity, climate, and weather to some degree, especially around large urban “heat islands.” But that is a far cry from cataclysms allegedly resulting from fossil fuels replacing the powerful natural forces that have controlled climate and weather throughout history.
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The 1.5 degrees C that we are supposed to avoid to avert catastrophe is arbitrary, meaningless – and tied not just to the beginning of the Industrial Revolution, but to the end of the Little Ice Age. Another degree or two of warming would be mostly beneficial, whereas another little or big ice age would devastate agriculture, habitats, wildlife, and humanity.
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The entire climate crisis agenda is based on computer models that (a) cannot possibly reflect all the forces that govern climate, and (b) consistently predict planetary warming that is two to three times greater than actually recorded by satellites, weather balloons, and surface temperature monitors.
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Basing economy-destroying, life-altering policies on useless models is sheer insanity – especially if the replacement energy comes from WSB systems that would require mining, processing, manufacturing, and installations on scales that would ravage our planet.
The only reason these realities are so little known is that climate activists, politicians, academics, and news and social media studiously demonize, harass, censor, silence, deplatform, and demonetize scientists, economists, and energy experts who challenge climate crisis narratives.
Thankfully, the Truth is slowly winning out. Perhaps COP27 will bring a healthy dose of climate and energy sanity. If it doesn’t, we could end up with John Holdren’s formula for rolling back development and living standards. Don’t expect the ruling elites and their Hollywood and Big Tech allies to lead by example.
Paul Driessen is a senior policy advisor for CFACT and the author of Cracking Big Green and Eco-Imperialism: Green Power – Black Death.
We must always remember that deindustrialization was one of the three motivations for starting the global warming movement. The article shows that this is well on the way.
Christiana Figueres, former head of the UN IPCC, said that climate change is no longer about the climate, but it is about transferring the wealth of the industrial nations to the developing nations. It appears that COP 27 has intensified that focus.
Haiti has received billions of dollars in foreign aid to rebuild after their earthquake. But the rebuild has not happened. This shows that aid to such nations ends up in the pockets of their leaders. No wonder these leaders are lobbying so heavily for massive handouts based on the excuse of increased climate damage.
The amount that the US is expected to pay of the climate reparations is 39.9%. If the amount is $100 billion a year, that is $39.9 billon. If the reparations are a $Trillion, that is $399 billion.
Great article! 11/10/22 UN Climate Change Meeting ‘Looks Like a Fossil Fuel Industry Trade Show,’ Activists Say
A new analysis found that there are even more polluter representatives at this year’s meeting than in 2021.
https://gizmodo.com/fossil-fuel-interests-cop27-un-climate-change-meeting-1849769197