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IPFS News Link • Climate Change

Glasgow Climate Summit Ends In Tears, Failure, And Kicking-The-Can On Commitments

• https://www.zerohedge.com by Tyler Durden

The language changes were introduced on Saturday night during the last half-hour of the final session, when India swooped with the demand, as well as adding a clause which reads "while providing targeted support to the poorest and the most vulnerable."

Specifically, the 197-nation pact would see parties commit to "escalating efforts to phase down unabated coal power and phase out inefficient fossil fuel subsidies while providing targeted support to the poorest and the most vulnerable in line with national circumstances and recognising the need for support towards a just transition."

Previously, the text read: "including accelerating efforts towards the phaseout of unabated coal power and inefficient fossil fuel subsidies, recognising the need for support towards a just transition."

So - India and China just kicked the door back open on what was already going to be a near-impossible task to eliminate coal, and Western nations are now committed to 'targeted support' in the form of taxpayer dollars for poorer nations.


http://www.thelibertyadvisor.com/declare