China Refuse To Pay Climate Reparations
By Paul Homewood
Meanwhile China has quickly quashed expectations that they might actually pay something towards climate reparations:
SHARM EL-SHEIKH, Egypt, Nov 9 (Reuters) – China would be willing to support a mechanism for compensating poorer countries for losses and damage caused by climate change, its climate envoy Xie Zhenhua said Wednesday at the COP27 climate summit in Egypt, but China later said that would not involve contributing cash.
Xie said China had no obligation to participate, but stressed his solidarity with those calling for more action from wealthy nations on the issue, and outlined the damage China had suffered from climate-linked weather extremes.
"We strongly support the claims from developing countries, especially the most vulnerable countries, for claiming loss and damage compensation because China is also a developing country and we also suffered a lot from extreme weather events," Xie said, speaking through a translator.
"It is not the obligation of China but we are willing to make our contribution and make our effort."
A spokesperson from the Chinese delegation later said that China would not contribute financially. A Reuters translation of Xie’s original remarks showed he did not specify that China would contribute financially, but offered to "cooperate" with developing countries.
The US had made China’s contribution to the fund as a condition for US agreement, so it appears that COP27 is already dead in the water.
There will no doubt be some fudge in the final agreement, intended to kick the can down the road with calls for more discussion next year. But I suspect the poorer countries are going to go home empty handed.
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NOT A LOT OF PEOPLE KNOW THAT 
These rapacious countries should go home empty handed. Any cash they manage to scam out of foolish countries will only end up in the Cayman bank accounts of their leadership.
“…it appears that COP27 is already dead in the water.”
Just like COPs 1 through 26.
They’re good for sales of private jets though…
Not forgetting all that lovely, no doubt green, aviation fuel!
The same failure every year for the last 26 COP’s, why would we expect anything better at this one?
What is the betting that China will in the name of global warming mitigation go into countries , Build some crap, load them up with debt, call it climate reparations and demand that the rest of the world come up with hard cash , which will of course be funnelled into the Swiss bank accounts of the local klepptocracies
Scammery from beginning to end
Absolutely correct Alastair. They will enforce it as part of the empire-building Belt-and-Road initiative that ultimately gives China huge control over the resources of its victim counties. Why the journos who have written about this haven’t spotted such a bleedin-obvious end-game is beyond me. Then again, they generally give China a free pass on its totalitarian behaviour so this just follows a trend.
China produces more CO2 than any other country. The idiot Just stop oil twits need to go there and tell the CCP…..
Please.
Yes but that isn’t their mission Chas.
Off topic, but the treasury has published a report about the cost effectiveness of net zero. It will be debated soon, led by Chris Skidmore, the champion of net zero. A very brief look at the Executive Summary was too much for my blood pressure.
Click to access NZR_-_Final_Report_-_Published_version.pdf
The very definition of insanity.
Chapter 5 – A low-cost transition, is no doubt off with the fairies or is that unicorns given there is no such thing. Not wishing to upset my stomach, I noted that all of the references in the Executive Summary lead to a whole bevvy of bullshit papers from the usual suspects.
Goldman Sachs’ Jeff Currie: ‘$3.8 Trillion of Investment in Renewables Moved Fossil Fuels from 82% to 81% of Overall Energy Consumption’ in 10 Years
No doubt, in Sunak’s mind, this will represent a fabulous Return on Investment