COP 29 was all about money. The COP did not chase up improved national plans to get to net zero,though the U.K. did table one. They now say they can get to an 81% reduction by 2035, without telling us what the cost will be or the extent we will have to change our travel, heating , diets and other CO 2 generating activities.
COP 29 opened with a huge gap between the developed countries currently offering $100 bn of payments a year and the emerging world demanding a minimum of $1trillion a year. After much wrangling a late nights they ended up agreeing a trebling to $300 bn a year by 2035 with the emerging countries saying they will be back for more at the next COP. China declined to join the developed countries in the pledge of a big increase.
The US was represented by President Biden’s people. Will President Trump go along with this? All just expect the US to be the largest donor. What is the UK’s share? Presumably it will mean higher taxes to pay for it? How can the main EU countries pledge large rises when they have large state debts and are under pressures to get their deficits down?
This is not a good time to ask developed countries to pay more. Most outside the USA are struggling with low growth and large deficits. US voters have just elected a new President on a pro fossil fuel policy.
Mind the gap. It is difficult to see big rises in payments in the next couple of years. The 2035 target looks hard to hit
November 25, 2024
Good morning.
Of which we will pay a fair portion no doubt.
Clearly this CO2 Scam is about wealth redistribution – ie Socialism. Trouble is, it will neither solve the alledged problem, because as we all here know it is not about the cliamate, and what money there is will not reach ordinary people but will be skimmed off by dodgy politicians, NGO’s, corporates and other government departments.
What a waste of hot air COP29 is.
November 25, 2024
All the information on how we reduce emissions are available on the Climate Change Road to Net Zero website.
Regional airports to close, non compliant shipping to be banned. Meat and dairy to be mad unaffordable. Large swathes of industry and farming to be banned
In essence we are to return to pre industrial levels of economic activity.
This is being zealously followed by Milibrain and his acolytes. Heat pumps and EVs are a ploy to get us off the road because ultimately there will be no electricity to charge or run them.
The Climate change act which is supported by the uniparty is a Marxist ploy to bankrupt us so there will be no money for anything no matter what 2TK promised.
Will we ever be told what Milibrain has agreed on our behalf. He was interviewed on the BBC and he looked like a wild man. Absolutely bonkers. Thank the Lord for Donald and Nigel.
November 25, 2024
I think we all know the chances of developing countries contributing $300 million to largely corrupt mendicant states by 2035 is about the square root of zero. These last minute COP compromises are pure window dressing so a communique can be gobbled up by naive liberal media.
Maybe I am reading your message incorrectly, but the USA was not represented by President Biden, who did not attend COP29. One of his few wise decisions.
November 25, 2024
I’ll eat my hat if Trump goes along with the nonsense.
Of course it was all about money.
When you believe as I do that the whole idea of ‘levelling up’ is to bring us down, then it makes absolute sense.
November 25, 2024
The World needs to wake up to what is happening. The constant demand by the UN for a unified one size fits all authority, i.e. itself, to instruct the people what they must do and be instructed to do, is Orwellian. Those leading this movement of one world governance are determination to succeed.
The COP gatherings, held every year for the past three decades is a financing vehicle to provide the UN bureaucracy/One World with funding, in the form of ongoing levies which in the end no nation will be allowed to veto or avoid. The start of world taxation is upon us.
The justification for this demand for money, from nations with wealth, to poorer nations in need, justified due to climate change, apparently, is a well planned strategy/scam.
It must be stopped.
The recipients of the $300billion/yr. now demanded by the unelected body gathered annually, will be the UN. It will not be Tuvalu or the Samoan Islands of some other small nation member. Those small nations currently aiding the UN’s financial demands, are setting themselves up to become beggars at the UN’s projected eventually rich table. They will be little Olivers, asking for more and getting none of it.
The tens of thousands of bureaucrats who gather each year under the ridiculous banner of Climate Change, see their annual jamboree as essential to project their right to demand funds.
Sadly, the depths of desperation the COP sessions have now reached is best defined by who was the most senior world leader attending, asked to give a brief opening statement this year. None other than Keir Starmer, fresh from his robbing the OAPs of their winter survival funds, and while the UK farmers were gathering to protest the loss of their generationally owned farms. Rural community leaders farms, that will become state owned through taxation liabilities thanks to Keir Starmer.
Interestingly, his willingness to give £500 million/year to foreign farmers is a tragic coincidence, being the apparent scale of money the IHTax from farmers estates will provide to the treasury.
The petition demanding a new UK government has reached well over 1 million signatures in less than 48 hrs everyone should sign it. While they still possess the freedom to do so!
November 25, 2024
COP 29 and global warming are indeed all about the money. Just like every other scam!