“Compensating” developing countries for bad weather: $400 billion per year?

“Compensating” developing countries for bad weather: $400 billion per year? By David Wojick.

The climate change hysteria movement is expecting bold action at the COP 25 climate summit now on in Madrid. That is not how these protracted international negotiations work. One wonders what the hysterical reaction to inaction will be?

The hysterics want emissions to end by 2030 (which is impossible). The COP nations are dickering over maybe setting a goal of net zero emissions (which still allows emissions) by 2050. …

The developing countries want to see some evidence that the promised $100 billion a year in bribes from the developed countries will actually begin next year (it will not). The promises for emission reduction by the developing countries are predicated on that big money coming. …

Then there is the lumbering giant slowly approaching the Madrid table, the giant whose stage name is Loss and Damage. The giant’s real name is Compensation. This is the idea that the developed countries should compensate the developing ones for all the future damages due to human caused climate change. In practice this probably means pretty much all bad weather, all sea level rise, etc. The official estimate here is $400 billion a year but that could easily grow. I am not making this up.

It’s all about the money, because actual climate change is so slow and minor as to be invisible. But bad weather? Witch doctors have been exploiting this one for millennia.