The Third World countries want trillions of dollars from the U.S. Not from India, China or Russia, but from us. Anything think Trump will give a dime to these folks? Where does the money go? Top destroy U.S. companies and our economy—to the despots of the Third World.
“Meeting in Baku, the glittering capital of Azerbaijan, a long line of ministers from developing nations voiced frustration with a proposal from richer countries to bolster their worldwide funding in the fight against climate change from $100 billion a year to $250 billion.
Experts say it will take at least $1 trillion a year in green investments to prevent the planet from dangerously warming up as ever-growing levels of carbon dioxide are pumped into the atmosphere.
Coming amid wars in Ukraine and the Middle East and the reelection of Donald Trump in the U.S., expectations were low for this Baku summit and by Friday night those expectations appeared valid.”
The next step is for Musk/Vivek to recommend cutting back to a minimum our financing of the terrorist supporting United Nations.
A climate mess: Azerbaijan COP summit sees rich and poor nations battle over funding
At a climate summit in Baku, Azerbaijan, pre-industrial nations stood firm and demanded more money from the U.S., Europe and other wealthy regions to help them not go down the slippery fossil fuel route for their own growth.
Cain Burdeau, courthousenews, 11/22/24 https://www.courthousenews.com/a-climate-mess-azerbaijan-cop-summit-sees-rich-and-poor-nations-battle-over-funding/
(CN) — At the annual United Nations climate summit in oil-rich Azerbaijan, industrialized nations were under mounting pressure Friday night from poorer countries to cough up $1 trillion a year to help the less industrialized not rely on fossil fuels for their economic growth.
This year’s annual U.N. climate meeting, commonly referred to as COP summits, was scheduled to end Friday but the deadline was pushed back into the weekend as raucous disagreements erupted among delegates in the face of the planet’s worsening climate crisis.
Meeting in Baku, the glittering capital of Azerbaijan, a long line of ministers from developing nations voiced frustration with a proposal from richer countries to bolster their worldwide funding in the fight against climate change from $100 billion a year to $250 billion.
Experts say it will take at least $1 trillion a year in green investments to prevent the planet from dangerously warming up as ever-growing levels of carbon dioxide are pumped into the atmosphere.
Coming amid wars in Ukraine and the Middle East and the reelection of Donald Trump in the U.S., expectations were low for this Baku summit and by Friday night those expectations appeared valid.
Talks were set to carry on Saturday and possibly into Sunday; it was not off the table that wealthier nations might agree to bolster their funding even further than the $250 billion mark.
Besides the global instability, hosting the COP in oil-rich Azerbaijan was almost guaranteed to make for bad headlines.
Azerbaijan is a former Soviet republic located on huge deposits of fossil fuels in the Caspian Sea. Since the fall of the Soviet Union, the country has grown fabulously wealthy, but the benefits have gone to those close to the family of its longtime president, Ilham Aliyev.
Thus, this summit, known as COP29 because it comes 29 years since the first one in Berlin in 1995, was destined to be difficult because of Azerbaijan’s oil interests. Scandals erupted from the outset.
During the proceedings, Azerbaijani officials were accused of using the COP venue to boost oil deals and police forces were amassed in Baku to corral the phalanx of globetrotting climate protesters who descended, as they do for every COP.
This week, Aliyev raised tensions even further by declaring during his speech to the delegates that oil can be viewed as a “gift from god.”
Still, the Azerbaijani summit must be seen in a bigger context with COP organizers seeking to bring oil-producing Arab nations into the mix of talks about climate change. The previous two meetings were held in Egypt and Dubai. Last year’s COP in Dubai was heralded as a success, because language about the need to phase out fossil fuel production was accepted for the first time by governments.
All eyes, though, are on next year’s COP in Brazil.
Landing 30 years after the inaugural Berlin event, it is expected to be a landmark occasion where signatories to the U.N. Framework Convention on Climate Change will be required to show what they are doing to uphold the 2015 Paris Agreement. In Paris, world leaders pledged to ensure the planet’s temperature will not become 1.5 degrees Celsius (2.7 degrees Fahrenheit) warmer than it was before industries began burning mass amounts of fossil fuels, a period starting in about 1850.
Ahead of the Brazil summit, the emergency of the climate crisis became painfully clear this year as the planet broke heat record after heat record.
By year’s end, 2024 is set to become the warmest on record and the first year when temperatures surpass that critical 1.5 C threshold.
Around the planet, macabre scenes played out as floods, wildfires, droughts and storms wreaked havoc. In part, the mess can be attributed to a strong El Niño pattern emerging in 2023 and getting turned even nastier due to climate change.
In Baku, climate scientists warned conditions may get even much worse and in a much shorter timeframe than previously forecast.
“The scientists here are trying to warn everyone that this is the beginning; this is not the worst you are going to see and people are taking more notice of that,” said Nick Breeze, author of “COPOUT,” a book chronicling the failure of the U.N.-brokered process to fight climate change. He spoke by telephone from Baku. “The scientists are saying this is just the beginning: It’s going to get a hell of a lot worse.”
On Thursday, U.N. Secretary-General António Guterres drove home this message during a news conference in which he called on richer countries to step up their funding.
“International cooperation — centered on the Paris Agreement — is indispensable to climate action,” the U.N. head said.
“Amidst geopolitical divisions and uncertainties, the world needs countries to come together here in Baku,” he said. “Never forget what is at stake. This is not a zero-sum game. And finance is not a hand-out. It’s an investment against the devastation that unchecked climate chaos will inflict on us all.”
“I urge every party to step-up, pick-up the pace, and deliver,” he said. “The need is urgent. The rewards are great. The time is short.”
But for many, the COP process has been badly faltering for a long time, most dramatically with America’s withdrawal from the convention under the first Trump administration.
Upon taking office on Jan. 20, President-elect Donald Trump is expected to remove the U.S. again from the convention, further burying global consensus about how to nix fossil fuel production and reduce emissions.
In the process, the annual COP summit has turned into what many see as a charade where lobbyists, many of them linked to the oil industry, have taken over the agenda.
“There are loads of lobbyists, mainly lawyers who you don’t hear about: They’re in the negotiations altering the agreements, watering them down,” Breeze said.
He said Trump’s reelection has thrown the COP’s powers into huge doubt.
“It risks torpedoing anything this decade because obviously he’s going to be there until 2028,” Breeze said.
In response to the failures of the COP process, nations, cities and regions around the world are moving ahead on their own to curb fossil fuels, he said. Companies, even some oil giants, are waking up to the reality that measures must be taken to stop emissions, he added.
“In 2016 when Trump got elected, the conference felt like it had been gutted,” Breeze said. “It was unbelievable: It was like someone had ripped all the oxygen out of the place and everyone was just in shock.”
Following this U.S. Election “it is not like that at all here, this is completely different,” he said. “The general mood is much more resilient.”
