blog, Global warming, Politics, z400
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UN demands that all the rich countries, except China, pay $2 trillion in climate change reparations

The United Nations is demanding that rich countries pay two trillion dollars annually in climate reparations to the developing world.

But curiously, the UN has exempted arguably the world’s largest CO2 emitter, Communist China, from paying any carbon reparations. A country that can afford the world’s largest military, a space program and nuclear weapons apparently does not have to cough up any money.

Also under previous climate change accords, such a Kyoto, Communist China was not required to reduce its CO2 emissions. If the UN really believed CO2 emissions were going to end the world how could it exempt China?

In addition, Communist China constructed 43 new coal power plants this year. If the UN really believes CO2 is bad and that coal-powered plants are a major source of CO2, it should at least pretend to be outraged.

But it is not, which tells us this climate change fear-mongering has little to do with the climate but is all about politics.

Breitbart provides more details on reparations:

China has been specifically excluded from the demand for reparations, which includes taxes for fossil fuel companies on their global “carbon profits,” even as the Communist state’s greenhouse gas emissions now exceed the entire rest of the developed world combined.

The first one trillion dollars alone should come from rich countries, investors and multilateral development banks, declared the analysis commissioned by Britain and Egypt, hosts respectively of the 2021 U.N. climate summit in Glasgow and this week’s COP27 event in Sharm el-Sheikh, Egypt.

A further $1.4 trillion must then originate domestically from private and public sources, said the report seen by AFP.

READ: U.N. Tells Rich Countries to Pay $2 Trillion a Year for Climate ‘Justice’

RELATED: Communist China Polluted More in 8 Years than Britain Since Start of Industrial Revolution: Report

1 Comment

  1. Pingback: UN demands that all the rich countries, except China, pay $2 trillion in climate change reparations — | Vermont Folk Troth

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