More Feckless Climate Diplomacy: Rich Countries Say to UN, ‘The Check’s in the Mail’

by William Yeatman on May 9, 2011

in Blog, Features

Post image for More Feckless Climate Diplomacy: Rich Countries Say to UN, ‘The Check’s in the Mail’

For years, I’ve been arguing that a multilateral response to global warming is a pipe dream. According to the International Energy Agency, the “solution” to this supposed problem would cost $45 trillion through 2050. Yet there is ZERO historical precedent for burden sharing of this magnitude, short of war, and the specter of warmer winters simply doesn’t engender the sort of desperate international cooperation as does a threat like the Nazis. (See here, here, here, and here for my take on the fecklessness of climate diplomacy)

So it was with no surprise that I saw this Reuters headline last Friday: Rich Nations Miss Climate Finance Deadline.

By way of background, the December 2009 United Nations Copenhagen Climate Conference was supposed to have been the deadline for a legally binding, multilateral treaty to reduce global greenhouse gas emissions. Of course, the Conference was a complete and total bust, for the reason explained above. Instead of a concrete pledge, the Copenhagen Conference ended with nations agreeing to commit $100 billion to a global warming adaptation fund for poor countries. The deadline for contributions was May 1, 2011. Only two countries, Russia and the Ukraine, bothered to acknowledge the deadline, and they did so by sending a letter to the United Nations Framework Convention on Climate Change, informing it that they would not be donating any money.

Comments on this entry are closed.

Previous post:

Next post: