Accelerate the World's Transition to Sustainable Energy - to fight Anthropogenic Climate Change, page-22584

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    Will China pay climate change “loss and damage”?


    October 31st, 2023

    David Wojick

    David Wojick, Ph.D. is an inDr. David Wojick is an independent policy analyst and senior advisor to CFACT.


    ... 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?

    Well, it turns out to be really complicated, for legal reasons, of all things. COP 28 is the 28th Conference of Parties to the 1992 UN Framework Convention on Climate Change, the grand climate treaty that everyone signed onto.

    Core to that massive treaty is a division between developed and developing countries. China was dirt poor in 1992, so of course, they are on the developing list. Today, they are the industrial powerhouse of the world, but the list has not been changed.

    The Loss and Damage Fund is also under that treaty, so it is supposed to accept money from developed countries and distribute it to developing ones. Thus, there is no provision for China to pay, a point China happily repeats endlessly. So sorry.

    The obvious solution is to change the UN climate treaty to reflect reality, but that would be an almost impossible task, especially since any COP member country can veto any change.

    In fact, when you look at the list of big CO2-emitting countries, it quickly becomes apparent that we are not just talking about mighty China. Thanks to their wonderful economic progress in the last 20 years, a good number of those developing countries now emit a lot more than some on the developed list...


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