SHARM EL-SHEIKH, Egypt — With time running out for nations to agree on a road map for tackling climate change, the fate of U.N. climate talks in Egypt appeared in jeopardy Thursday as rich and poor nations continued to disagree on an array of issues, including compensation for harms caused by a warming world.The divide between these two factions at the U.N.
In a more promising move on Thursday, Chinese special climate envoy Xie Zhenhua joined a U.S. event on cutting emissions of methane — a sign of thawing relations after presidents Joe Biden and Xi Jinping met at the Group of 20 summit in Bali, Indonesia, this week. Though Beijing stopped short of agreeing to formally join a global pledge to reduce the potent greenhouse gas, it was the first time Xie and U.S. special climate envoy John F.
But it does not include new language proposed by India and generally backed by island nations, the United States and the European Union that would call for a phase-down of all fossil fuels — not just coal but also oil and gas. Nor does it mention an idea floated by the United States that global emissions should peak by 2025, a proposal that would challenge developing countries still trying to secure basic access to heat and electricity for their citizens.
Last year’s COP president, Alok Sharma, along with ministers from the E.U. and Canada, met with Shoukry, the COP27 president, on Thursday to highlight their worry about the number of major questions still remaining on the conference agenda. Diplomats from Britain and New Zealand have been working with representatives of small island states to find a compromise, one that would buy more time to flesh out the details of a potential funding mechanism while still reassuring vulnerable countries that their needs will be met. One idea would be a working group or committee that would map out potential options and develop a proposal that all nations can agree on in the next year or two.
What else we can expect from them if it comes to the point of money ?
How many trillions of dollars have been spent chasing the green mirage only to have CO2 emissions higher than ever? Give it up already and prepare for a warmer world rather than trying to reverse the ice age cycle.
china is not cutting a god damn thing stop lying
Further proving that it has always been about wealth redistribution...
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