The Paris climate change summit has reached agreement on a framework but we don’t yet know if the $100 billion a year in wealth transfers starting in 2020 will take a serious form and we don’t know if the “International Tribunal of Climate Justice” will get traction. That remains to be seen.
Developing nations will have to contribute to the fund. Hopefully, they won’t want to and this deal will crash and burn.
Secretary of State John Kerry wants to fundamentally transform the world’s economy and he wants it financed by “rich” governments. He is talking about global governance over a global economy, in other words pure socialism or worse.
Without any consideration of what the Americans want, he said we will “double our investments by 2020”.
Kerry said there are “legitimate concerns the seas will swallow their nations,” in a statement he can’t back up with fact, only someone’s computer model, if even that.
He began his speech today by calling for an effective agreement for a “steady transformation of a global economy”.
“But, ladies and gentlemen, the situation demands – and this moment demands – that we do not leave Paris without an ambitious, inclusive, and durable global climate agreement. And after decades of work, half-measures, and flawed attempts at galvanizing global action, we know, all of us, exactly what an effective agreement must include.
First and foremost, we need an agreement that is as ambitious as possible. We don’t lose anything for being ambitious. Today we’re formally announcing – the United States – that we are part of what we are calling the High Ambition Coalition. This is a group of countries that is fully committed to ensuring that the agreement is a truly ambitious one. Addressing climate change will require a fundamental change in the way that we decide to power our planet. And our aim can be nothing less than a steady transformation of a global economy.
It will be flexible and transparent, he claims.
But an example of that transition is Dubai, which recently committed to establishing a $27 billion fund to reach the Emirates’ goal of installing solar panels on all buildings by 2030, and of retrofitting older buildings to become more energy-efficient. We need to be sure that this agreement facilitates the energy policy choices that will enable the transformation that we need, but also recognizing the capabilities and capacities and needs of different nations.
We also need an agreement that is flexible. Every country on earth has its own set of national circumstances to consider, its own politics, its own economy, its own capabilities. We respect that. And those factors are subject to change, obviously, from one year to another. That’s why flexibility is so important in this agreement, and why it must be enshrined within its four corners.
There will be no force involved and it’s on a sliding scale.
Now, we’re all in this together, as partners. And that fundamental concept is why this agreement will work and can work. But I emphasize that right to come to the table with your nationally-determined reductions doesn’t mean that a country signing on to this agreement can get away with doing nothing or next to nothing. The United States has long supported the notion of common but differentiated responsibilities and respective capabilities, with each of us doing the best we can. It’s only fair to have higher expectations for developed countries, and a sliding scale of ambition and approaches for everyone else. We recognize that.
He pushed the reporting mechanism which requires nations to report regularly on their progress and to be reviewed by the UN every five years. He wants the system to be legally binding and he wants the marketplace bullied into doing what the government wants.
Remember, one of the things that really we expect to happen here and that makes Paris so important is not that we’re going to leave here knowing that everything we do is going to hit the 2 degree mark, but what we’re doing is sending the marketplace an extraordinary signal – that those 186 countries are really committed – and that helps the private to move capital into that knowing there’s a future that is committed to this sustainable path. That is why we need a strong, legally binding transparency system. It is essential.
Kerry, went on to say climate change is a catastrophe and some effects can’t be reversed.
He will double the US contribution. He’s very generous with taxpayer dollars. This is taxation without representation.
That means that we need to increase our efforts to mobilize climate finance from all possible sources – both public and private. Now, obviously, the world’s largest economies – including the United States – need to play a major role in this regard. That’s just common sense. That’s why the United States pledged $3 billion to the Green Climate Fund. It is why the United States already contributes more than 2.5 billion to climate finance annually, including more than 400 million per year of grant-based resources for global climate adaptation.
But we know that more is needed. So I am pleased to announce today that the United States is committing to double our public, grant-based adaptation investments by the year 2020. (Applause) And we are prepared to do our part. And we will not leave the most vulnerable nations among us to, quite literally, weather the storm alone.”
Climate Change extremist, Governor Jerry Brown said this week that we must “never underestimate the power of a coercive central state” as he boasted of the progress these climate change socialists hope to make.
Senior officials at the UN’s climate body say emissions of carbon dioxide stalled in 2014 despite continued global economic growth.
The claim was made by the International Energy Agency’s chief economist Fatih Birol in an interview with the Financial Times.
“This is a real surprise. We have never seen this before,” said Birol, who suggested it proved efforts to clean up the world’s energy system had started to pay dividends.
They’re surprised? I thought their climate models had all the answers. They have no idea why, they’re guessing. If it is because we are “cleaning up” as China builds a new coal plant every week, it’s not because of solar or wind, it’s because of fracking and natural gas.
These are the people who will control the world’s economy in the name of the climate change religion.