Friday, December 11, 2009

The real meaning of Copenhagen

New climate draft has gaping holes at UN talks

Here is the essence of climate talks at Copenhagen:

…European Union leaders agreed in Brussels to commit euro2.4 billion ($3.6 billion) a year until 2012 to a short-term fund to help poor countries cope with climate change.

Forget all the hype over rising sea levels and melting ice caps.  It’s about the money.  Mainly, how much wealth can be transferred from the ‘haves’ to the ‘have-nots-but-want-some-of-yours’.

Assume, for the moment, the ‘poor’ countries get the money mentioned.  What do you suppose they would do with it?  Help their people achieve a better standard of living?  Or, will the insiders merely enrich themselves.  Will there be an accounting required of the recipients?  Or, will it be ‘none of your business’.

The real meaning of Copenhagen?  Wealth transfer on a global scale.

Update: There was an offer of US$10B per annum but the 'needy' are holding out for US$100B per annum.

Can you spell ḥuṣpāh.

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