Just in time for Durban: US backs off on UN Green Climate Fund

Thanks perhaps in part to Climategate 2, it is looking less like success and more like FAIL at Durban. The US has backed off and now refuses to agree to structure and funding of the United Nations Framework Convention on Climate Change (UNFCCC) “Green Climate Fund”. Just the name alone juxtaposed with the UN makes you want to run from it.

FT.com reports:

The US is refusing to sign off on a flagship global climate fund, as already fraught negotiations intensify ahead of next week’s UN climate summit and carbon prices plummet to new lows.

It was already feared that souring economic conditions and next year’s US presidential election would make it difficult for the UN summit – which opens on Monday in Durban, South Africa – to make headway on a new global warming deal before the main provisions of the Kyoto protocol climate treaty expire at the end of 2012.

More at the FT.com

http://www.ft.com/cms/s/0/95d58012-16c2-11e1-bc1d-00144feabdc0.html#ixzz1efbLUK1h

Info on the UNFCCC “Green Climate Fund” here

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Papa Harding
November 24, 2011 5:09 pm

I’d lean more towards the fact that the US is 99.9% debt to GDP. Literally, the US doesn’t have the money.

Gail Combs
November 24, 2011 5:36 pm

I am not sure but this “framework” could have some real teeth like the World Trade Organization has. That would make it a heck of a lot worse than Kyoto.

November 24, 2011 5:41 pm

Yesterday I got an email about Venezuela’s Hugo Chavez submiting a Durban proposal for a tax of 5% on all shipping to and from developed countries to fund the UNFCCC.
Fat chance!

Philip Peake
November 24, 2011 5:46 pm

Sorry, but I am not signing up to read their articles.
8 articles per 30 days — wow! the generosity is overwhelming.
If this is accurate, it will be reported in more reasonable publications.

Camburn
November 24, 2011 5:47 pm

I am sure if the USA had any money it would contribute. We don’t have any spare change. In fact, it seems we don’t even have change.
We will take all donations. Send the check to the US Treas.
Thank you in advance.

Gail Combs
November 24, 2011 5:51 pm

Papa Harding says:
November 24, 2011 at 5:09 pm
I’d lean more towards the fact that the US is 99.9% debt to GDP. Literally, the US doesn’t have the money.
_________________________
Yes that got their timing a bit wrong. Everything was supposed to be sign, sealed and delivered at Nopenhagen two years ago before the people in the USA/EU found out we were dead broke.
Allegedly David Rockefeller said at the Business Council for the UN, on Sept. 14, 1994
“This present window of opportunity, during which a truly peaceful and interdependent world order might be built, will not be open for too long – We are on the verge of a global transformation. All we need is the right major crisis and the nations will accept the New World Order.”
Whether he said it or not, the idea is correct. The timing has to be good or people wake-up and the opportunity is then lost. However this is but one battle in a long war and we are losing it by inches with every new law that “Harmonizes” national laws with international laws.
Thank goodness for blogs like WUWT!

handjive
November 24, 2011 6:09 pm

Meanwhile, in the land of Oz, where money grows on trees….
“In Cancun, Parties recognised the fast-start finance commitment undertaken by developed countries to scale up new and additional resources to a level approaching US$30 billion, for the period 2010-2012 (the ‘fast-start’ period)
In June 2010 Australia(n govt) announced a fast-start package of A$599 million for the three years from 2010 to 2012.”
[ http://www.climatechange.gov.au/government/international/finance.aspx ]
BBC, 13 November, 2011:
Only 8% of the “fast-start finance” pledged in Copenhagen, it says, has actually found its way to recipients.
[ http://www.bbc.co.uk/news/science-environment-15698183 ]
Wave good bye to those hard earned tax dollars… no value there or accountability.

Paul in Sweden
November 24, 2011 6:11 pm

Hillary Clinton’s comments at Hopenhagen regarding the US contribution commitment were conditional. Her phrasing stated that specific actions and agreements with the developing countries would be required first.
While the developing world does not take CAGW seriously, they do take massive handouts very seriously.

H.R.
November 24, 2011 6:53 pm

Yeah, Papa Harding. The US is broke, but that doesn’t seem to stop anyone in Washington DC from spending. I’m just wondering when the waiter will return to the US dinner table and say, “I’m sorry, but none of your credit cards are any good. You’ll either have to pay in cash or wash dishes.”

JustMEinT Musings
November 24, 2011 6:53 pm

so we have had nopenhagen and Cantcun now we can look forward to DUSTBIN in Durban hopefully 🙂
By the way in Australia money only grows on trees in Wayne Swan and Juliar Gillards private gardens the rest of us struggle with weeds of no value sadly.

November 24, 2011 7:18 pm

Thanks for the good news. This is one more thing to be thankful for on Thanksgiving.

cui bono
November 24, 2011 7:19 pm

handjive says (November 24, 2011 at 6:09 pm):
“Only 8% of the “fast-start finance” pledged in Copenhagen, it says, has actually found its way to recipients.”
I wonder which countries were stupid enough to give even 8%. Oz and the UK, probably. Groan.

November 24, 2011 7:23 pm

2012 is not to soon for that thing to die and only a fool would attempt to revive it.

November 24, 2011 7:24 pm

I’d think that the wheels of government turn far too slowly for CG 2.0 to have had any impact on the decision. This was just announcement day, the decision was made a long time ago, it just had to go through all the paperwork before it could become public.
But there is no doubt in my mind that the current U.S. debt load had a lot of influence on that decision. There, unfortunately, is the one thing that can stop the CAGW nonsense (or whatever replaces it) from continuing. When employment is high and the economy growing, people aren’t happy about their taxes increasing, but they will put up with it, particularly if they think it is for a good cause. Ahem. “The Cause”.
But when the kids are hungry and need new shoes and the landlord is threatening to kick you into the street because you are behind on the rent, suddenly you just don’t give a flying $$$$$ about “the cause” or ANY cause. It is all bullsh*t as far as you are concerned because every penny counts, and the pennies are far more important than the temperature in five years.
Sad though it may be, while I think that CG 2.0 tore another giant hole in the CAGW ship, the darn think sinks slowly. Sadder still, national poverty will sink it completely long before CG 1, CG 2 and lots of really good science possibly could.

Ken Methven
November 24, 2011 7:33 pm

Let’s hope that Donna’s book is being embraced by governments that contribute to the activist organisation which is IPCC and its boss UNFCCC, and withdrawing funding….I am sure there are a few other causes…significantly more worthy than this one!

November 24, 2011 7:46 pm

“US backs off on UN Green Climate Fund”
Now there’s some good news.
While he’s at it, any chance President Obama will swap out the current EPA chief for one less determined to cripple the US economy and drain everyone’s retirement fund via pointlessly overpriced energy sources?

November 24, 2011 7:52 pm

Hey Anthony. Any chance you could start a thread based on a skeptic article that has a few glaring holes in it?
I want to see if the trolls come out of the woodwork in droves or not. I haven’t heard from my favourite ones since CG 2.0 hit, and I’m worried about them. Did their heads implode? Are they curled up in their beds sucking their thumbs? Being treated for severe depression?
I hope they are OK. Seriously, I do. I sorta miss them (the more accomplished ones at any rate). People send you stuff all the time, there must be something in your in box that could entice them back out?

November 24, 2011 8:01 pm

Looks like Durban is pretty much down to Britain and Australia voluntarily offering to commit national suicide. Other Western countries talk big carbon, but are no longer willing to put their lives on the line.
Remember the story about the Little Dead Hen?
“And who will stick their heads into the oven with me?” asked the Little Dead Hen.
The Bear said “I will.” The Dog said “I will.” The Cat said “I will.”
So the Little Dead Hen stuck her head in the oven.
The End.

Outtheback
November 24, 2011 8:33 pm

Well the wheels are falling off now.
Even the BBC is reporting that CO2 has less of an impact on global climate than previously thought. http:// http://www.bbc.co.uk/news/science-environment-15858603
Based on the last ice age being less cold then thought. Interesting thought that one.
Looks like everyone from the IPCC down wants to distance themselves from the drama.
As no one in that camp will ever say: ‘we were wrong’, the best we can hope for is these sorts of reports slowly getting people used to the fact that everything is going to being ok after all.

gbaikie
November 24, 2011 8:56 pm

If measuring the planet’s temperature by 1/10th, why can’t we be informed of how much tax payers paying “to save the world” to the nearest million dollar.

crosspatch
November 24, 2011 8:57 pm

These people with their patronizing, condescending view of the people of the world make me ill. It is as if we are people they must “take care of” somehow lest we walk ourselves into oblivion.
Just who do these people think they are? The truth is that they have become everything they hate. They have become just the same sort they would work against. They would wish to control policy and manipulate the playing field in order that the “right” people have an advantage. They are doing the same sorts of things that the generations before them did with other issues and that those previous generations believed were just as noble a cause and they believe they are now.
Leave us with our liberty. Allow the markets, unencumbered, to choose what is more efficient. Stop trying to be so benevolent. Stop trying to “manage” the world and just let go and allow us to manage on our own, please.
Pomposity isn’t really a virtue.

November 24, 2011 9:36 pm

Pomposity isn’t really a virtue.>>>
That’s because they didn’t throw enough virtues into it.
No, wait. That was Pompei. Oh, and it wasn’t virtues it was virgins.
Well, no difference at days end. They’ve appointed themselves the high priests and are insisting on throwing our virgins into their volcano. And our sheep, goats, cattle, cars, trucks, grocery stores, central heating, air conditioning, mines, smelters, factories….

November 24, 2011 9:53 pm

Is UNFCCC short for ‘unfunctional’?

fredb
November 24, 2011 9:56 pm

Whenever one talks of an event being a FAIL or otherwise, I think the measure of that assessment needs to be explained. If the expectation that COP17 will be the solution to all AGW actions, then of course its a fail! If the view is, however, that COP17 is a step along a process, then one needs a very much more nuanced measure of evaluation.
CPO17 is a continuation of a negotiation, that will continue again next year and the year after.
For myself, COP17 is about opportunities to make course corrections. From that perspective, the measure for myself is whether the course correction is *toward* that outcome I believe is a value outcome. The agreement on a fail or success then is dependent on whether we view COP as making a course correction in agreement with our own values.

November 24, 2011 10:08 pm

fredb;
If the view is, however, that COP17 is a step along a process, then one needs a very much more nuanced measure of evaluation. >>>
Is there an AGW problem to be solved? Read the emails fredb. They invented it. Do you know what they call a solution to a non existant problem?
FAIL!

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