( A One minute Read)
Wake up. The Paris Climate Change Agreement which covers the period 2020 to 2030, : A system of voluntary, unenforceable pledges relies on peer pressure for ambitious commitments and the “naming and shaming” of countries that drag their feet, is a JOKE. It’s just worthless words. All major industrialized countries are failing to meet the pledges they made to cut greenhouse-gas emissions.
Climate change is an issue of huge public interest.
One of the biggest problems that the world is facing aside from the economic pitfalls is the unprecedented occurrences of natural calamities. Not only does a calamity bring about massive death and destruction to the country, but it also causes great financial issues.
The exit of the United States could multiply those troubles, or it could provide an opportunity to fix the looming problem of incredible goals.
Time has nearly run out for limiting warming to 2 °C. “If we wait until 2020, it will be too late.”
The talks were rigged to ensure an agreement is reached regardless of how little action countries plan to take. The final submissions are not enforceable, and carry no consequences beyond “shame” for noncompliance — a fact bizarrely taken for granted by all involved.
Demonstrating, yet again, the utter folly of an approach that is attempting to save the world by putting it on a collective energy diet.
Every major climate change initiative to date has gone up in smoke.
The 1997 Kyoto Protocol, which sought to cut emissions 5 percent below 1990 levels by 2012, was doomed from the start.
The 2009 Copenhagen conference to hammer out a Kyoto sequel was an even bigger debacle.
The carbon market is a concept based on “polluter pays” and cap-and-trade principle. The objective is to reduce gas emissions through the use of market law. It assembles voluntary organizations that exchange the rights to issue carbon dioxide.
During the year, if a company manages to emit less than the allowable amount, it can sell the remainder to another company. This transaction doesn’t change the total emissions of the group. Therefore, one company must emit a lower-than-allowable amount in order for another company to emit more.
It works pretty much like the stock exchange. The problem with this system is that it needs rigid regulations and enforcement in order to have a large impact. There is no law limiting the amount of carbon emissions by a company. The carbon market is purely based on volunteerism, which works well for the companies already involved. This system was at the heart of Kyoto.
We watch large global corporations make billions, we watch governments spend billions on arms, we watch drug companies make trillions, energy giants make trillions,we watch Google/Alphabet/Apple/Microsoft/Amazon/ Facebook/Twitter/Algorithms plunder the world, while the United Nations has to beg for funds.
So where are we.
We either spend trillions and sacrificing millions of jobs, to reduce the average global temperature. Or Spend trillions on mopping up disasters and stopping mass immigration.
Place a world aid commission on all Transactions that are Profit for Profit sake, on all High Frequency Trading, on all Foreign Exchange Transactions of $50,000, on all Sovereignty Funds Acquisitions, on all form of online Gambling. Creating a perpetual fund to address the problem and reduce inequality.
Ban all air/road/sea traffic one day a month.
Even if the always-wrong climate change computer models turned out to be right, no one wants to pay the cost.
Recent images bear little resemblance to reality;
Bangladesh underwater, Mexico shaking, Vast areas on fire, West Indies blown away, Wars a bucket full and inequality rampant.
May all those caught up in any of the above survive.
Stupidity consists in wanting to come to a conclusion.
All support appreciated, all like clicks chucked in the bin.