Climategate

[Midnytedreams]

As I said before follow the money exert from 2009 coppenhagen conference

Climate politics is a numbers game: its about temperatures, emissions, and allowances. But the most important numbers are possibly the ones preceded by dollar or Euro signs.



“Money is even more important now the parties are coming up with only a political statement not a legally binding agreement,” says David McCauley, Principal Climate Change Specialist, Asian Development Bank.



Political statements won’t reduce emissions; cash will. So said South Africa the day before the Copenhagen talks began. It offered to cut carbon emissions to 34 percent below expected levels by 2020, but only if the rich world provided money to help.



The president of the African Development Bank, Donald Kaberuka, said he wanted 40 billion dollars a year from rich countries “to enable low-income countries to adapt.”



These statements crystallize the money matters at the heart of climate politics.



-Will the rich pay the poor to go green?

-Will the rich compensate the poor for wrecking their environment?

[DuncanONeil]

Copenhagen is an Obama style stimulus for the world. Likely with as stellar results!

As I said before follow the money exert from 2009 coppenhagen conference

Climate politics is a numbers game: its about temperatures, emissions, and allowances. But the most important numbers are possibly the ones preceded by dollar or Euro signs.



“Money is even more important now the parties are coming up with only a political statement not a legally binding agreement,” says David McCauley, Principal Climate Change Specialist, Asian Development Bank.



Political statements won’t reduce emissions; cash will. So said South Africa the day before the Copenhagen talks began. It offered to cut carbon emissions to 34 percent below expected levels by 2020, but only if the rich world provided money to help.



The president of the African Development Bank, Donald Kaberuka, said he wanted 40 billion dollars a year from rich countries “to enable low-income countries to adapt.”



These statements crystallize the money matters at the heart of climate politics.



-Will the rich pay the poor to go green?

-Will the rich compensate the poor for wrecking their environment?