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filosoful OP t1_ix3ig0u wrote

A historic deal has been struck at the UN's COP27 summit that will see rich nations pay poorer countries for damage and economic losses caused by climate change

It ends almost 30 years of waiting by nations facing huge climate impacts.

But developed nations left dissatisfied over progress on cutting fossil fuels.

"A clear commitment to phase-out all fossil fuels? Not in this text," said the UK's Alok Sharma, who was president of the previous COP summit in Glasgow.

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FuturologyBot t1_ix3mr4g wrote

The following submission statement was provided by /u/filosoful:


A historic deal has been struck at the UN's COP27 summit that will see rich nations pay poorer countries for damage and economic losses caused by climate change

It ends almost 30 years of waiting by nations facing huge climate impacts.

But developed nations left dissatisfied over progress on cutting fossil fuels.

"A clear commitment to phase-out all fossil fuels? Not in this text," said the UK's Alok Sharma, who was president of the previous COP summit in Glasgow.


Please reply to OP's comment here: https://old.reddit.com/r/Futurology/comments/z04r4e/cop27_climate_costs_deal_struck_but_no_fossil/ix3ig0u/

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NovaHorizon t1_ix3pvsg wrote

Here have a dollar bill as a band aid for that gaping wound in your belly with the guts already spilling out. We should do what? Stop running around blind flailing machetes while you have your backs at the wall!? I would suggest you just step out of the way! Cheerios!

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Davidrussell22 t1_ix3sp87 wrote

All the money will go into politicians' pockets with nothing left over for the environment. A victory for global graft and corruption.

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botfiddler t1_ix40buf wrote

Now retired capital owners can move to the poor countries for getting low taxes, and the developed countries should tax immigrant workers higher. Problem solved.

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aaabigwyattmann4 t1_ix47xbw wrote

Real talk: "we will continue to burn fossil fuels and send you some of the spoils"

Can't wait for 2030 and the endless "nobody could have predicted this"

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AREssshhhk t1_ix4d45a wrote

Duh, our whole world runs on on fossil fuel. We couldn’t keep 8 billion people alive without it

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AcademicGuest t1_ix56epe wrote

Need more Tesla and other EV’s on the road, start slowing down gas car usage overall.

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-Radioface- t1_ix5sv3n wrote

We are really giving it our planet from both ends: Using more oil than ever, at the same time cutting down record numbers of trees ( A carbon sink)

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Ulyks t1_ixag4ld wrote

How is this historic?

Yeah everyone approved a fund to help poor countries but no one is willing to pay into it.

What on earth is the point of an empty fund?

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