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| Topic: Top Cuban official says Obama lied in Copenhagen | |
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YEA , THANK GOD . the planet isn't heating up any way and the summit failed saving us billions of dollars in taxes that congress was drooling to give away to people who don't like us anyway .I don't mind helping a neighbor a little but not the whole stinking world .
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Heard an interesting interview yesterday with an Indian official who was on the Copenhagen team for India. She said that India had met with China to discuss cooperation and possibilities but the Chinese really weren't willing to give anything or do anything. She said the Chinese went into the conference with the attitude that it really wasn't their problem and the rest of the world should pay them to change from their current path but there would be no verification under any circumstances. She said the US was aware of this position in advance also. It should be noted that Obama stated strongly that the only way we would pay the 100 billion per year was if we got firm commitments and verification. We got neither but agreed to pay the money anyway. The problem is not going to be solved by politics and money. If it is solved, it will be by science and engineering. You see, it's the wording which baffles many. The references to finance, therefore, are the third important aspect of the Copenhagen Accord. Again and again the point is made that rich countries that must provide the finance. The Accord notes that (para.3): We agree that developed countries shall provide adequate, predictable and sustainable financial resources, technology and capacity-building to support the implementation of adaption in developing countries. There is talk of 'financing by developed countries' (para. 4), the need for the 'the mobilization of financial resources from developed countries' (para. 6), and so on. Clearly, China and other developing countries extracted their pound of flesh from the US as the Copenhagen clock began to run out of time. But when it came to actually specifying figures, the US won the day. The Accord talks (para. 8) of how rich countries will provide 'new and additional resources...approaching US$30 billion for the period 2010-2012' (which appears to suggest that US$10 billion per annum will be available). And it is suggested (para. 8) that rich countries will: ...commit to a goal of mobilizing jointly USD 100 billion dollars a year by 2020 to address the needs of developing countries.This funding will come from a wide variety of sources, public and private, bilateral and multilateral, including alternative sources of finance. These financial promises are so vague and so meagre when measured against the costs that poor countries face in adopting low-emission strategies while simultaneously expanding their energy use that they are virtually meaningless. China and other developing countries won on words but the US won on dollars. There will doubtless be different views as to whether this is a good outcome or not. But one thing is clear. Unless the rich world can come up with firm and honest pledges of vastly increased amounts of funding, the chances that poor countries will move towards the adoption of low-emission growth strategies in the foreseeable future are virtually zero. |
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No real committment on the $100 billion was made. It couldn't be without first getting Congress to act. Something they have yet to do.
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