{"id":352200,"date":"2024-11-25T08:23:57","date_gmt":"2024-11-25T07:23:57","guid":{"rendered":"https:\/\/climatescience.press\/?p=352200"},"modified":"2024-11-25T08:24:00","modified_gmt":"2024-11-25T07:24:00","slug":"cop29-leaves-poor-countries-fuming","status":"publish","type":"post","link":"https:\/\/climatescience.press\/?p=352200","title":{"rendered":"COP29 Leaves Poor Countries\u00a0Fuming"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

<\/p>\n\n\n\n

From NOT A LOT OF PEOPLE KNOW THAT<\/a><\/p>\n\n\n\n

By Paul Homewood<\/p>\n\n\n\n

So, the whole charade trundles on for another year:<\/strong><\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n
\"\"
https:\/\/www.bbc.co.uk\/news\/live\/c8jykpdgr08t<\/a>\u00a0<\/figcaption><\/figure>\n\n\n\n

So, poor nations, who demanded $1.3 trillion, were eventually forced to accept $300 billion, a figure widely derided:<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

And India\u2019s representative made it absolutely clear that the money would not alter her country\u2019s energy policies:<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

But it is all academic anyway, as they won\u2019t even get that much if the US pulls out, as expected to.<\/p>\n\n\n\n

The UK\u2019s share of $300bn, if averaged out by GDP, would be about $18 billion, or $36 billion if Trump pulls out, which is nearly three times the current Overseas Aid budget.<\/p>\n\n\n\n

In all likelihood, most of the money will be provided, as now, by repayable loans and private sector investment. Neither of these are of much use for the Third World, as they cannot afford the repayments, or the profits businesses will look to extract.<\/p>\n\n\n\n

Needless to say, developing countries will not be obliged to cut emissions in return for their Danegeld. Back in the heady days of 2009, the naive Barack Obama believed that throwing dollar bills around would magically lower the world\u2019s emissions. We now know the reality!<\/p>\n\n\n\n

Nor is there any obligation for China, India or Middle Eastern oil states, all still classified as \u201cdeveloping\u201d, to cough up a penny.<\/p>\n\n\n\n

And more fundamentally, COP29 never even addressed the issue of emission reductions. No new pledges were made, no NDCs updated. No even a timetable for discussing them in future.<\/p>\n\n\n\n

Perhaps the most ludicrous part of the Conference was the first day agreement on carbon markets.<\/p>\n\n\n\n

As the BBC explain, a poor country with lots of trees can sell carbon credits to richer nations, so they can continue to burn fossil fuels.<\/p>\n\n\n\n

Apparently, carbon emissions are alright, as long as you pay a penance!<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Meanwhile I look forward to Ed Miliband telling where Rachel from Accounts is going to find all the money he has signed away.<\/p>\n","protected":false},"excerpt":{"rendered":"

So, poor nations, who demanded $1.3 trillion, were eventually forced to accept $300 billion<\/p>\n","protected":false},"author":121246920,"featured_media":352209,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_wpcom_ai_launchpad_first_post":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[691818056,691831568,691818112,691831650],"class_list":["post-352200","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-climate-change","tag-cop29-climate-talks-in-baku","tag-money","tag-profits-businesses","fallback-thumbnail"],"jetpack_publicize_connections":[],"jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/paxLW1-1tCE","jetpack-related-posts":[{"id":299322,"url":"https:\/\/climatescience.press\/?p=299322","url_meta":{"origin":352200,"position":0},"title":"Malawi COP29 Frustration: Rich Nation Parliaments Need to Debate OUR Climate Cash NOW","author":"uwe.roland.gross","date":"02\/02\/2024","format":false,"excerpt":"Like rich nations have nothing better to do than discuss than giving big climate handouts to poor nations which have a\u00a0shameful corruption index score.","rel":"","context":"In \"Climate Cash\"","block_context":{"text":"Climate Cash","link":"https:\/\/climatescience.press\/?tag=climate-cash"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/02\/0malawi4.webp?fit=1200%2C799&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/02\/0malawi4.webp?fit=1200%2C799&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/02\/0malawi4.webp?fit=1200%2C799&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/02\/0malawi4.webp?fit=1200%2C799&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/02\/0malawi4.webp?fit=1200%2C799&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":290823,"url":"https:\/\/climatescience.press\/?p=290823","url_meta":{"origin":352200,"position":1},"title":"Azerbaijan tipped to host COP29 climate talks","author":"uwe.roland.gross","date":"12\/11\/2023","format":false,"excerpt":"Oil-reliant Azerbaijan chosen to host Cop29 climate talks The Eastern European group of countries has chosen\u00a0Baku, Azerbaijan to host next year\u2019s Cop29 climate talks, according to two sources in the Cop28 meeting room where the decision was made.","rel":"","context":"In \"Azerbaijan\"","block_context":{"text":"Azerbaijan","link":"https:\/\/climatescience.press\/?tag=azerbaijan"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/12\/0-Baku.jpeg?fit=1200%2C801&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/12\/0-Baku.jpeg?fit=1200%2C801&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/12\/0-Baku.jpeg?fit=1200%2C801&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/12\/0-Baku.jpeg?fit=1200%2C801&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/12\/0-Baku.jpeg?fit=1200%2C801&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":350720,"url":"https:\/\/climatescience.press\/?p=350720","url_meta":{"origin":352200,"position":2},"title":"The lamest UN climate meeting starts with some moonlighting fossil fuels deals \u201con the side\u201d","author":"uwe.roland.gross","date":"11\/09\/2024","format":false,"excerpt":"Every year thousands of bureaucrats meet in an exotic location for a UN conference to agree not to solve \u201cglobal warming\u201d. 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