Will China pay climate change “loss and damage”?
October 31st, 2023|91 Comments
I normally despise the bogus issue of “loss and damage,” which is featured in the upcoming COP 28 extravaganza. But for now, I love it because it has squarely raised the long overdue issue of China’s status as a so-called developing country.
The simple issue is, will China pay into the new Loss and Damages Fund? Assuming they ever get it going. It seems obvious they should, and a lot of countries are calling for it, including the US, which might even make it a condition of our participation.
I mean, China is the world’s largest CO2 emitter, right? They produce more electricity than the US, EU, and UK combined, mostly by burning billions of tons of coal a year. What could be simpler?
https://www.cfact.org/2023/10/31/will-china-pay-climate-change-loss-and-damage/
