Paris climate accord participants threaten to keep polluting unless they’re paid
Supporters of the deal routinely point out that 193 countries have signed on. Although that is technically true, the vast majority of commitments offered in Paris would result in emissions increases or would require billions of dollars in funding — or, in many cases, both.
“Claiming that 193 countries signed on is a meaningless statement, which is likely why it’s made. The meaningful way to view it is that 193 countries agreed that the U.S. should harm itself and to gladly pay on Tuesday for the U.S. to harm itself today,” said Chris Horner, a senior fellow at the Competitive Enterprise Institute and a leading critic of the Paris pact. “There’s a stark difference between agreeing to sign on to Paris and agreeing to do something, to undertake pain. In essence, they rented their signature for the promise of Paris-related wealth transfers.
http://www.washingtontimes.com/news/2017/jun/5/paris-climate-agreem...
Portland joins Climate Mayors in support of Paris accord
Portland becomes the first city in Maine to join Climate Mayors, a large group of mayors from across the country who have sworn to adopt, honor, and uphold the goals that were included within the Paris agreement.
http://www.pressherald.com/2017/06/05/portland-joins-climate-mayors...
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Comment
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Comment by Willem Post on June 6, 2017 at 3:07pm
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Thinklike,
The herd mentality when there is a carrot and no stick.
The Green Climate Fund will be the mother of all boondoggles.
http://www.windtaskforce.org/profiles/blogs/cop-21-world-renewable-...
Green Climate Fund: The Fund is administered by the UN. As of 17 May 2017, a total of $10.3 billion had been pledged to the Fund.
- EU member states pledged $4.7 billion (UK $1.2 b; France $1.0 b; Germany $1.0 b; Others $1.5 b)
- US $3.0 billion; already paid $1 billion.
- Rest of World $2.6 billion (Japan $1.5 b; China $0; India $0; Others $1.1 b). See table in URL.The Fund has a goal of distributing to recipient countries $100 billion in 2020, much more in EACH YEAR thereafter. The US, about 20% of gross world product, likely would be hit up for $20 billion in 2020, and much more in EACH YEAR thereafter. That Fund likely would become the mother of all boondoggles.
No. Thank you, said Trump. He was not about to let the UN do boondoggle projects with US taxpayer money.
http://www.greenclimate.fund/partners/contributors/resources-mobilized
If the world is making so little progress towards RE, then the US, “doing its RE part” by staying with COP-21, would be engaging in an expensive exercise in futility.
The RE movement is primarily driven by Europe, Japan and others, because they have insufficient domestic energy resources. Europe, Japan and others want the US to stay with COP-21, as a big source of cash for future financing of the Green Climate Fund, and because they would become less competitive versus the US, if they increased investments in RE and the US did not.
The US, with chronic budget deficits of about $500 billion/y, already has a huge trade handicap, largely due to overinvesting in defense spending to maintain its world leadership peacekeeping role, and underinvesting in the goods and service sectors. For decades, Europe, Japan and others have underinvested in defense, because of the US protection guarantee; only 5 of 28 NATO nations spend at least 2% of GDP on their own defense.
Europe, Japan and others have been shirking the world peacekeeping burden, as it would divert investments from their goods and services sectors. Instead, they invested in producing and exporting superior goods and services, which the US did not. This causes the US, hamstrung by having to adhere to World Trade Organization rules, to have chronic trade and budget deficits, each about $500 billion/y.
Europe, Japan and others want to keep the good times rolling, i.e., have the US protect them for free, if possible, in hamstrung mode, with chronic trade and budget deficits, WTO rules, and COP-21 requirements.
The below table shows the four largest CO2eq emitters, in billion metric ton, for 2005, base year; for 2030 INDC; and for 2030, as planned.
http://climateactiontracker.org/countries/india.html
- US CO2eq emissions, based on staying with COP-21, would have been about 5.0 billion Mt, but they would be about 6.4 billion Mt, based on leaving COP-21. In the US people live in a spread-out manner, which requires more energy per capita. It would have required several trillion dollars of investments in RE systems and efficiency to achieve the 2030 INDC targets agreed to by Obama.
- China and India would continue to increase their CO2eq emissions. This was agreed to during COP-21 negotiations, because of their low energy per capita. Neither country is making a contribution to the Green Climate Fund, which were scheduled to become quite large for other countries by 2020. See below. China’s energy per capita is at least 2 times that of India, which likely will receive funds from the Green Climate Fund.
- The EU 2030 INDC target would achieve a slight decrease compared to 2030, as planned. In the EU people live close together, which requires less energy per capita. It would have required significantly less investments than the US to achieve 2030 INDC targets. No wonder, Germany, France and Italy immediately declared “no renegotiations” of COP-21.
The upshot is, the US would have to make major adjustments to its economy to achieve the overly ambitious INDC targets agreed to by Obama. Trump was absolutely correct to insist on renegotiating the COP-21 agreement.
2005, base year
2030 INDC
2030, as planned
Billion Mt
Billion Mt
Billion Mt
China
11.8
12.8-14.3
12.2-13.7
US
6.6
5.0
6.4
EU
4.2
3.3-3.5
3.3-3.9
India
2.8
5.2
4.5
Obama, without permission from the US Congress, committed $3 billion to a Green Climate Fund to literally buy the votes of poor countries, so they would commit to COP-21. Some of these countries are among the most corrupt in the world. Some of that money likely will disappear into Swiss bank accounts, instead of being used for COP-21 goals, as there is NO monitoring mechanism in place. Obama paid $1 billion to the Fund just before Trump was sworn in. Because the US is leaving COP-21, the other $2 billion STAYS IN THE US. See URL for full transcript of COP-21 withdrawal announcement.
http://www.cbsnews.com/news/trump-paris-climate-agreement-withdrawa...
Maine as Third World Country:
CMP Transmission Rate Skyrockets 19.6% Due to Wind Power
Click here to read how the Maine ratepayer has been sold down the river by the Angus King cabal.
Maine Center For Public Interest Reporting – Three Part Series: A CRITICAL LOOK AT MAINE’S WIND ACT
******** IF LINKS BELOW DON'T WORK, GOOGLE THEM*********
(excerpts) From Part 1 – On Maine’s Wind Law “Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine if the law’s goals were met." . – Maine Center for Public Interest Reporting, August 2010 https://www.pinetreewatchdog.org/wind-power-bandwagon-hits-bumps-in-the-road-3/From Part 2 – On Wind and Oil Yet using wind energy doesn’t lower dependence on imported foreign oil. That’s because the majority of imported oil in Maine is used for heating and transportation. And switching our dependence from foreign oil to Maine-produced electricity isn’t likely to happen very soon, says Bartlett. “Right now, people can’t switch to electric cars and heating – if they did, we’d be in trouble.” So was one of the fundamental premises of the task force false, or at least misleading?" https://www.pinetreewatchdog.org/wind-swept-task-force-set-the-rules/From Part 3 – On Wind-Required New Transmission Lines Finally, the building of enormous, high-voltage transmission lines that the regional electricity system operator says are required to move substantial amounts of wind power to markets south of Maine was never even discussed by the task force – an omission that Mills said will come to haunt the state.“If you try to put 2,500 or 3,000 megawatts in northern or eastern Maine – oh, my god, try to build the transmission!” said Mills. “It’s not just the towers, it’s the lines – that’s when I begin to think that the goal is a little farfetched.” https://www.pinetreewatchdog.org/flaws-in-bill-like-skating-with-dull-skates/
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Hannah Pingree on the Maine expedited wind law
Hannah Pingree - Director of Maine's Office of Innovation and the Future
"Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine."
https://pinetreewatch.org/wind-power-bandwagon-hits-bumps-in-the-road-3/
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