US Owes World 40 Trillion Dollars for Trashing Climate
So climate change is really about wealth transfer from the first world to the third world.If you acknowledge, as the UN does, that there’s a carbon budget—an amount of greenhouse gas pollution the world can collectively churn out before we land in dangerous warming territory, currently figured at a 2˚C threshold—then it follows that nations that have overstepped theirs should pay back those who haven’t...
$10 trillion that polluting industrial nations owe climate creditor nations like India, China, and Nigeria who have stayed under their carbon budgets.
...by figuring that climate debt, it helps us recognize the historic inequity and scale of the crisis.
“The rest of the world is crying out for help," Mathews said, "and the developed world is digging in its heels, and refusing to pay its debts.”
The science is settled. All the political scientists agree.
You need to open your wallet and let the politicians redistribute your wealth...
Time to check that first world privilege and open your wallet!
Oh, also check that Canadian Privilege. At least until you pay your $400 billion climate debt ...
Uno