China and India Demand a TRILLION Dollars to Reduce CO2 Emissions

Guest essay by Eric Worrall

After meeting Joe Biden and John Kerry in person, China, India and delegates of other developing nations have added another zero to their carbon ransom, and are now demanding a trillion dollars to tackle the climate crisis.

$1 trillion demand for rich nations to combat climate change as Joe Biden rips into China, Russia

China is among a group of nations demanding rich countries donate as much as $1 trillion to help tackle climate change.

Benedict Brook @BenedictBrook

China has joined India and a number of other nations in backing calls for rich nations to donate as much as $US1 trillion ($A1.35 trillion) to developed nations to bring emissions down. 

But Beijing got a thumping from US President Joe Biden after China’s leader Xi Jinping was a no show at the COP26 climate talks currently underway in the UK. 

“It’s a gigantic issue and they’ve walked away,” the President said on Tuesday.

“China is trying to assert a new role in the world as a world leader. (But) not showing up, come on.

“The rest of the world is going to look to China and say what value added are they providing? And they’ve lost in building influence with people around the world and all the people here at COP,” he added.

Read more:

No doubt a trillion dollars would put everything back on track. Or maybe 10 trillion, if the price goes up again.

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Curious George
November 3, 2021 10:04 am

A classical John Kerry success.

Reply to  Curious George
November 3, 2021 10:43 am

Only if we sell them several trillion dollars worth of coal.

Gerard O'Dowd
Reply to  Scissor
November 3, 2021 8:56 pm

And only if the CCP/Red China pays the world reparations of $5-10 trillions for the deaths, morbidity and economic adverse effects of SARS Cov2 that the Wuhan Institute of Virology most likely developed in conjunction with the reckless virology idiot Peter Daszak designing a a gain of function variation of a corona virus by inserting a Furin cleavage site via bioengineering on a heterogenous mixed species viral backbone of unknown precedent that increases transmission in human respiratory epithelium in cell culture, then allowing it to escape the laboratory, and after knowing a city wide epidemic had begun the ChiComms allowed it to spread around the world via unrestricted air travel to Europe and Asia and North America from Wuhan during the early months of the pandemic in 2019-2020. Cover up and refusal to cooperate on the investigation of the origin and the involvement in SARS-CoV 2 Development by the WIV personnel was just the cherry on top of the ice cream sundae or should I say the shi- sandwich. An interesting exercise is to calculate the probability of the insertion of 12 nucleotide bases of a particular sequence to code for a furin cleavage site into the exact location within a viral RNA polynucleotide sequence due to chance alone. It’s an astonishing small probability.

Reply to  Curious George
November 3, 2021 10:53 am

It will be something like: $800 billion siphoned off for the planners & $200 billion for the actual projects.

‘Hard to know where pandemic relief money went,’ admits federal spending watchdog

“It’s even harder for us to tell you what it was used for,” reports the statutory oversight authority for $5 trillion in federal COVID relief spending. “Government award data is full of dead ends.” 

“We looked at 51,000 awards worth $347 billion that supported the pandemic response (as of June 15, 2021),” the watchdog reports in the summary entitled “Dead Ends in Pandemic Relief Award Data.”

“We found more than 15,400 awards worth $33 billion with meaningless descriptions that make it difficult to know how the money was used,” the PRAC reveals.

The watchdog found 12,600 awards totaling $11.6 billion which used descriptions that just repeated the program name. The Department of Housing and Urban Development was responsible for 9,900 of those vaguely defined awards, totaling approximately $8.8 billion.

Now imagine what will happen with a trillion dollars internationally? (lol)

Reply to  Anon
November 3, 2021 11:24 am

As Edenhofer said ” AGW is not about environment but about redestribution of money”
Considering how many more billionaires we got since the start of Covid and how much richer the superrich have become (though they hide massive amounts of wealth in foundations etc)
we get an idea in which direction the money is being redestributed.
This already happened when the FED created the great depression and the FED owners bought stocks for pennies on a dollar.
(A similar thing happened in London after bankers claimed Napoleon won at Waterloo)

Before the banking crisis of 2008 the big banks controlled less than 30% of the market ,after the crisis they controlled 50%.
(how can the biggest loser become the biggest winner?Impossible if the crisis did not happen by design )

And we go full circle if we reas Chosudowskies book ” The globalization of poverty” – a book about deliberate sabotage of countries by the IMF to transfer the wealth towards always the same.

Reply to  Anon
November 3, 2021 1:20 pm

Where do I apply to for funding for increasing the size of my flock of Unicorns?
Probably of more use than some of the other dead end ones with meaningless descriptions mentioned by Anon, at least I describe what the cash will be used for.

Richard Page
Reply to  Oldseadog
November 3, 2021 1:51 pm

Is it a flock or a herd?

Reply to  Richard Page
November 3, 2021 2:01 pm

A flocking herd (in case they can fly and a sherd if they/them identify as female)

Reply to  SxyxS
November 4, 2021 6:05 am

If they can fly (due to magik), then the group is called a blessing.

Last edited 1 year ago by yirgach
Timo, not that one
Reply to  SxyxS
November 5, 2021 8:56 am

The flock, herd around the world.

Timo, not that one
Reply to  Anon
November 5, 2021 8:54 am

Time to invest in the manufacturers of super-yachts.

Reply to  Curious George
November 3, 2021 2:50 pm

Maybe John Kerry can have James Taylor play “You’ve Got a Friend” for the Chinese to assuage their concerns.

November 3, 2021 10:11 am

“Show me the money”! China, who leads the world in manufacturing output and is sending men into space, has the gall to ask for money because it calls itself a developing nation? China has obviously reached the end of its’ credibility with regards to CC and figures it can stop the bad press by making demands it knows won’t be fulfilled in order to shift the blame elsewhere.

Reply to  markl
November 3, 2021 11:15 am

It’s not gall, it’s speaking truth to leverage. It’s shared/shifted responsibility by choice, our choice. The babies have come home to nurse.

Andrew Wilkins
Reply to  n.n
November 3, 2021 1:27 pm

The babies have come home to nurse

What on earth are you on about?

Richard Page
Reply to  Andrew Wilkins
November 3, 2021 1:52 pm

Nobody really knows – it’s a bit of a theme though.

Patrick B
Reply to  markl
November 3, 2021 11:20 am

Hey, those hypersonic weapons programs don’t fund themselves.

Richard Page
Reply to  markl
November 4, 2021 3:54 pm

The timing’s interesting. At the point where the UK and US have got enough promises to fulfil the $100 billion originally promised by 2023, India and China up the ante. It’s almost as if they don’t want the agreement sorted out!

November 3, 2021 10:12 am

Is that a one-time payment, or annually?

And why would the payment go to developed nations? Wouldn’t that be like paying ourselves? Or did the media outlet make a typo?

Reply to  Retired_Engineer_Jim
November 3, 2021 10:49 am

This is the standard 1 time payment procedure like :
Just 2 weeks to flatten the curve.
Herd immunity at 70 % vaccination.
There will be no tax increase/mandatory vaccination.
The 3.5 trillion dollar bill will cost nothing.
We ‘ll only stay in Afghanistan until we get Osama.
Emission reduction of 50,60,80,100%.

Before you occupy a building you need a door opener.

Last edited 1 year ago by SxyxS
Reply to  SxyxS
November 3, 2021 1:39 pm

Biden executive order on new or renewed federal contracts requires that all fed contractors mandate vaccines to all employees working on the contracts and any employees with whom those workers may come in contact. That means every research university in the U.S. will soon have partial to full vaccine mandates or risk losing federal contracts, even if their own governors have rejected state mandates. For my university system, that amounts to potential loss of $2 billion in contracts for non-compliance. Hopefully, state AGs will challenge the executive order in court. I can already hear the Brandon chants ramping up.

Tom Abbott
Reply to  Pflashgordon
November 3, 2021 2:12 pm

These vaccine mandates are going to make the Democrats ordering them look very bad in the near future as thousands of essential workers are put out of work over this stupidity.

The Democrat politicians are playing “chicken” with the public. They want to make the unvaccinated blink first, but this all may backfire on these idiots bigtime.

Rory Forbes
Reply to  Tom Abbott
November 3, 2021 10:58 pm

The unvaccinated have less and less reason to get jabbed because so many new cases have already had two shots. If after two years they haven’t already been exposed to and rejected an infection, it’s unlikely they’re in much danger of getting it now. I have no idea what game all these ‘authorities’ are playing but it certainly isn’t about covid.

Reply to  Rory Forbes
November 4, 2021 10:16 am

“I have no idea what game all these ‘authorities’ are playing but it certainly isn’t about covid.”

Compliance training. Getting the masses used to doing what they’re told no matter what.

Robert Hanson
Reply to  Tom Abbott
November 4, 2021 1:51 pm

Especially since POC have a far lower level of vax than Caucasians. Demanding mandatory vaxs is not going to help them get out the vote for Dem candidates.

Reply to  Pflashgordon
November 3, 2021 6:48 pm

Do you think it could end up with an open conflict between nat guards and US gov?

Tom Abbott
Reply to  niceguy
November 4, 2021 4:05 am


Bryan A
November 3, 2021 10:13 am

First send China a bill for $150,000 per life lost to the “Accidental” Wuhan Covid release. With the condition they pay first.

Solar Mutant Ninjaneer
Reply to  Bryan A
November 3, 2021 10:27 am

Bryan – I like it! That would mean China owes the US north of $100 trillion.
The best defense is a good offense. Let’s turn the table on them and play hardball with the negotiations. Of course that means someone besides Kerry doing the negotiating. Maybe Trump is available? I hear he is pretty good.with that kind of thing.

Willem Post
Reply to  Solar Mutant Ninjaneer
November 3, 2021 2:15 pm

It pays to have many deaths!!

Rory Forbes
Reply to  Solar Mutant Ninjaneer
November 3, 2021 11:01 pm

Do you really believe Zhou Bi Den is interested in playing hard ball with his most important source of personal revenue?

John Endicott
Reply to  Rory Forbes
November 5, 2021 6:58 am

Indeed. he’s not going to jeopardize the Big Man’s 10% cut.

David S
Reply to  Bryan A
November 3, 2021 12:02 pm

768,000 US lives lost x $150,000 = $115 billion. China would come out ahead on that deal.

Reply to  David S
November 3, 2021 12:18 pm

Your math shows us all just how much a trillion dollars really is. It also shows us how little $5 trillion did to combat the pandemic.

Rory Forbes
Reply to  starzmom
November 3, 2021 11:04 pm

1 million seconds = 12 days
1 billion seconds = 31 years
1 trillion seconds = 31,688 years

Zhou Bi Den’s bill is beyond imagining in real terms.

Willem Post
Reply to  David S
November 3, 2021 2:16 pm

Spoil sport

Bryan A
Reply to  David S
November 3, 2021 3:51 pm

Actually 768,000 x 150,000 = 115,200,000,000 solo, let’s up it to 1.5M per life (though the death toll is still mounting globally 128,000 in the last 28 days) globally 5.02M deaths @ $1,500,000 is $7.53T

Rory Forbes
Reply to  Bryan A
November 3, 2021 11:30 pm

though the death toll is still mounting globally

But from what?

Reply to  Bryan A
November 3, 2021 12:17 pm

Your math is off.

If Joe Bidens TelePrompTer says that the USA will compensate illegals up to 450.000 ,
than 150000 for the loss of a life is tooo low in any case.
On the other hand,if we use woke logic and america least attitude than it might be right.

But you have to consider : xi belongs to the party that killed 70 mio of its own people with 0.
Why would they pay for some thousand foreign people.

Reply to  SxyxS
November 3, 2021 1:49 pm

I think the current figure for a human life in the USA is around $9M. So China owes us roughly $7T.

Willem Post
Reply to  ScarletMacaw
November 3, 2021 2:17 pm

China would have to ship us a lot of free stuff for decades to pay for it.

Tom Abbott
Reply to  SxyxS
November 3, 2021 2:18 pm

“If Joe Bidens TelePrompTer says that the USA will compensate illegals up to 450.000 ,”

Biden just denied his administration was planning on paying some illegal aliens $450,000.00 per person for those kids separated from the adult accompaying them across the border.

Apparently that was a rumor that passed as fact.

Reply to  Tom Abbott
November 3, 2021 3:06 pm

I just saw his response incl how fast he crawled away to avoid the next question.

Tom Abbott
Reply to  SxyxS
November 3, 2021 4:40 pm

Now I hear the Justice Department is moving these settlements along. So Joe is lying to us, or he doesn’t know what his Justice Department is doing.

More to come to clarify this, no doubt.

Reply to  Tom Abbott
November 3, 2021 8:27 pm

It is another liberal sue and settle scam. The DOJ is defending a suit by the ACLU, they will admit the “injury”, agree to the $450.000.per person, $900,000.00 if there are 2 “parents”, and then the judge, a far left liberal, will agree to the terms. Of course the constitutional problem is that the HOUSE is required to initiate any spending, not the executive of judicial branches. So now we know why the “reconciliation” bill is so important, the money will be in there with weasel words allowing the executive branch to direct funds to such uses.

Of course the whole point of the payout is to transfer funds (30% or more?) to the trial lawyers so they can contribute to the Democrats for the next election cycle.

Reply to  Drake
November 3, 2021 9:31 pm

I wish I could give you +100 for that last paragraph about the kick back from the lawyers!

Tom Abbott
Reply to  Drake
November 4, 2021 4:14 am

Let me point out again that the Biden administration is only focusing on people separated at the border during the Trump administration.

The Obama-Biden administration had the very same policy, yet no mention of how “terrible” that was for those separated. No doubt, they suffered the same amount of “trauma” under Obama-Biden as they did under Trump.

And separating children from adults who are bringing them across the border is the right thing to do. We don’t know who those adults are accompanying the children. They might be the parents or guardian, but then again, they might be child sex trafficers.

So both the Obama-Biden administration and the Trump administration were correct to separate these people at the border, but the Biden administration is trying to portray Trump’s actions as a crime against humanity, yet no mention that Joe and Barack did the very same thing.

One set of rules for Democrats and a different set of rules for Republicans.

Robert Hanson
Reply to  Tom Abbott
November 4, 2021 1:58 pm

Well, yes, of course. Why would they be bound by the same set of rules?

Rory Forbes
Reply to  SxyxS
November 3, 2021 11:13 pm

Why would they pay for some thousand foreign people.

It doesn’t matter if they pay or not. In such matters the US simply declares the debt for AGW compensation paid to the Chinese by deducting it from the balance owed by the Chinese for covid fatalities … and then announcing a balance owing.

Last edited 1 year ago by Rory Forbes
Willem Post
Reply to  Bryan A
November 3, 2021 2:14 pm

Biden’s weirdo, Socialist gang wants to donate $450,000 to “separated” illegals who walked, uninvited, across the border.

I can see a NEW GAME, of family approaching the border, and then separating to collect its “starter” money, plus various gift from program largesse.

Seems to me, you don’t have to be a great artist, like Hunter Biden, to get a free $500,000 for each by-the-$numbers picture

Reply to  Willem Post
November 3, 2021 9:32 pm

Advance to GO – collect $200.
Monopoly imitates art policy.

Ron Long
November 3, 2021 10:19 am

Isn’t this kind of like extorsion/ransom? Send me a trillion dollars or the world gets it? Where’s the FBI, Interpol, etc, when you need them? How about Ghostbusters?

Reply to  Ron Long
November 3, 2021 1:44 pm

Not extortion. Simply stated, they are giving the bird to the woke west. They have zero expectation that anyone will actually pay up. They are merely sending the message – pay up or shut up. Preferably the latter.

John Larson
Reply to  Ron Long
November 3, 2021 3:47 pm

“Where’s the FBI, Interpol, etc, when you need them?”

At the moment apparently, infiltrating a domestic terrorist organization (code name CP), that is posing as hapless concerned parents, so as to gain access to public schoolborg meetings.
They are growing at an alarming rate, and according to many in the MSM branch of the Election Fortification Department, may have already undermined substantially, the public’s confidence in Future Voter Training programs, and pose a serious threat to well controlled society everywhere.

Gregory Woods
November 3, 2021 10:35 am

Traitor Joe: Don’t be a piker…

November 3, 2021 10:39 am

Chinese do not need money collected from the UK’s taxpayers, who barely manage to pay their electricity and gas bill.
They spend fortune on space research some good science and some that one day may be a serious threat to those taxpayers they now want money from.
This might be interesting and a good science coming from China:
Chinese scientists recently (13 October 2021) published report on a magnetar (star) followed by radio-telescope FAST.
“Here we report the detection of 1,652 independent bursts with a peak burst rate of 122 h−1, in 59.5 hours spanning 47 days. 
The large number of bursts in hour-long spans allows sensitive periodicity searches between 1 ms and 1,000 s.”
Article in Nature magazine is very technical in detail, but what basically says is that the object emits pulses in the radio part of the electromagnetic spectrum that last only few thousandths of a second, but produce energy equal to that produced by the sun in a year.
Article is behind pay wall, so here is energy-burst rate distribution graph

Last edited 1 year ago by vuk
Reply to  Vuk
November 3, 2021 10:50 am

as a reference, the Sun emits about 3.8 x 10^33 ergs of power per second

November 3, 2021 10:40 am

Why shouldn’t they? I think 1 trillion is pretty low even. JT, Boris and Kerry will find a way to increase that and really virtue signal.

Richard Page
Reply to  Pauleta
November 3, 2021 1:59 pm

They could find it easily by defunding govt research grants into climate change and renewable subsidies. But that’s the thing – they won’t, they also won’t pay up and China and India won’t decarbonise. It’s the copfest merry-go-round in a nutshell.

Reply to  Richard Page
November 3, 2021 8:13 pm

Can you blame India to ask for those Paris promised $$$$$$$$$? The COPs are after us with all Western M$M + Facebook etc. demanding an even smaller carbon footprint from barefoot Indian villagers suffering since decades from power cuts.
We will wisely invest in more nuclear and hydro power as we have already plenty of wind and solar. Gas looks also good to compensate for the very variable output from the unreliables.

While South Asia can be grouped with Africa emission wise, China emits like Europe so different category altogether. Amazingly at the WTO PR China still counts as a developing nation, thanks to pressure from the likes of Apple, Amazon, Dell etc. making huge stock prize rises off that Faustian deal.

Robert of Texas
November 3, 2021 10:45 am

Obvious China and India do not take the Climate Crisis seriously – so why should anyone else? They will soon own about half of the world production of CO2.

Gordon A. Dressler
November 3, 2021 10:56 am

When the outflow of US dollars to foreign countries is what it takes to make the “many international partners” that Uncle Joe so fondly described with pride in his COP26 closing speech describing the conference’s “accomplishments”, you know the US is in real trouble.

Richard Page
Reply to  Gordon A. Dressler
November 3, 2021 2:02 pm

The US was in trouble the same day it started handing out money to friendly governments for support – this is merely the day those ‘friendly’ government’s decided to set the going rate for themselves.

Tom Abbott
Reply to  Gordon A. Dressler
November 3, 2021 2:21 pm

Joe seemed to be emphasizing protecting forests and new restrictions on methane, but not much on CO2.

Gordon A. Dressler
November 3, 2021 11:01 am

China currently owns $1.1 trillion of U.S. debt . . . but they are not a “rich” country?

Obviously, something is getting lost in the translation.

Frank from NoVA
Reply to  Gordon A. Dressler
November 3, 2021 12:43 pm

One of the reasons I don’t get too excited by the US “public debt” is that there is no feasible way to repay it, barring a significant reduction in the scope of the State. This would allow a much freer private sector to vastly increase real wealth relative to the size of the debt. But since this course is probably not in the cards, the only alternative is public debt repudiation, which per Murray Rothbard, would be the uniquely moral course:

“Both parties [the politicians doing the borrowing and the members of the public loaning funds to the government] are immorally contracting to participate in the violation of the property rights of citizens in the future. Both parties, therefore, are making agreements about other people’s property, and both deserve the back of our hand. The public credit transaction is not a genuine contract that need be considered sacrosanct, any more than robbers parceling out their shares of loot in advance should be treated as some sort of sanctified contract.”

Reply to  Gordon A. Dressler
November 3, 2021 3:31 pm

For perspective, I believe China owes the US around USD $2 trillion. I could be wrong on that and am happy to be corrected, though.

Richard Page
Reply to  leowaj
November 3, 2021 4:13 pm

As far as foreign debt across private and government sectors that seems about right (roughly). The corresponding US foreign debt to China is around the $1.5 trillion mark. These figures represent both private and public sector borrowing and securities so it’s a bit difficult to narrow down much further.

November 3, 2021 11:07 am

Joe and Boris represents the “people of COP” not the world.

November 3, 2021 11:11 am

So, you want leverage in your societies to defeat competing interests, a little redistributive change, per chance retributive change? Then you will play and pay by our rules.

Bruce Cobb
November 3, 2021 11:12 am

How many quatloos izzat?

Reply to  Bruce Cobb
November 3, 2021 11:37 am

A Kirk’s worth

John Endicott
Reply to  Bruce Cobb
November 5, 2021 7:07 am

Don’t ask or the Triskelion’s will start demanding their share of the climate ransom.

November 3, 2021 11:35 am

Cheaper than Boris

Sounds like. bargain

Dennis G Sandberg
November 3, 2021 11:40 am

Good for China and India. They have to produce the energy intensive manufactured products that every modern society requires that we in The West are too dumb or lazy to do ourselves. China and India gets the jobs, tax base and profits, we get unemployment, lose of manufacturing tax base and an ever increasing national debt. Oh, and we get to wave virtue signaling flags (made in China) for our low CO2 emissions. How much longer will this liberal democrat business model last of producing nothing and importing everything? Months? Years? Not a decade, don’t doubt it IMHO.

November 3, 2021 11:56 am

if the price goes up again.

Don’t you mean when the price goes up again?

Richard Page
Reply to  MarkW
November 3, 2021 4:15 pm

Wonder if they’ll add a nought on at every copfest until either they get the money or stop the nonsense?

Andy Pattullo
November 3, 2021 12:13 pm

Being chastised by Joe Biden is like being attacked by dust bunnies. There is no injury, no pain, but you can’t wait to wipe that crap off your sock.

Ben Vorlich
Reply to  Andy Pattullo
November 3, 2021 2:03 pm

A much more appropriate quote is Dennis Healey’s on debating with Geoffrey Howe: “Like being savaged by a dead sheep.”

Tom Abbott
Reply to  Andy Pattullo
November 3, 2021 2:27 pm

I heard it, and it was more like whining than chastising the Chicoms.

For some reason, Joe Biden seems to pull his punches when it comes to the Chicoms. It’s almost like they had something on him to blackmail him into silence.

I believe Joe’s son, Hunter is still doing business with the Chicoms. I wonder if Joe is getting his ten percent?

John Endicott
Reply to  Tom Abbott
November 5, 2021 7:09 am

The Big man always gets his 10%.

Andy Pattullo
November 3, 2021 12:18 pm

I really think this is the beginning of a turning tide. Once the realities of rising energy costs, unreliable electrical generation, sinking quality of life, disappearing consumer goods, rising cold deaths, total hypocrisy of the climateriat and a complete lack of obedience of atmospheric CO2 or natural climate cycles to the CAWG dogma hits home, voters will be converging on the seats of government with pitchforks, blazing torches and scavenged interview guide books from the Spanish Inquisition.

Willem Post
Reply to  Andy Pattullo
November 3, 2021 2:19 pm

How can you have a tailgate party, if you cannot even afford the tail pgate?

Robert Hanson
Reply to  Andy Pattullo
November 4, 2021 2:13 pm

First stirrings happened on Tuesday. Virginia, and even New Jersey, began turning things around. In Buffalo the avowed Socialist Dem candidate for Mayor lost to a write in moderate. Major Dem politician in New Jersey lost to a truck driver who spent a total of @$5000 on his campaign. Seattle elected a (Rino) Republican for Mayor, and defeated Defund the Police, as did Minneapolis. Can you feel it coming? I can….

John Garrett
November 3, 2021 12:25 pm

…and then there’s this:

GLASGOW, Scotland (AP) — Biden: ‘I do apologize’ for Trump pulling US from Paris climate accord…

Tom Abbott
Reply to  John Garrett
November 3, 2021 3:04 pm

Biden and the Democrats are obsessed with Trump.

It’s understandable since Trump is the biggest threat to their socialist rule. So they pull out all the stops in their efforts to demonize him.

Robert Hanson
Reply to  Tom Abbott
November 4, 2021 2:17 pm

Nobody’s falling for that any more. They can give Trump free rent in their heads all they wish, but that’s not winning any elections. As McAuliffe just found out.

Bob Hunter
November 3, 2021 12:32 pm

Obama, Biden, Kerry, Merkel and my CDN PM Trudeau plus many other European leaders were so gung ho about making an Agmt (the Paris Climate Accord) for the cheap headline. They ignored the absurd details in the agmt. Begin with China being excluded from any CO2 emission reduction until 2030 or China would be eligible for funding. As well any agmt is not worth a penny if there are no consequences for failing to meet the obligations.

btw an agmt based on faulty science

And it does make me wonder about the law school education Obama, Biden & Kerry received or was it their politics ignored common sense.

Last edited 1 year ago by Bob Hunter
Peta of Newark
November 3, 2021 12:36 pm

They’re simultaneously:

  1. taking the piss
  2. stroking the ego

(1) is easy enough but its The Amount that’s interesting and shows just how good a measure they have Westerners
Not tooo big to be greedy, giving the impression of ‘reasonableness’ but big enough to make those being asked ‘feel rich’
How manyfolks are thinking “Well, maaaaaaaaybe, at a push, we could stretch to that

Exactly the tactic children use on their parents in toy shops – urging for the upgrade to a bigger and only ‘slightly’ more expensive toy
And parents know what happens at next birthday had they given in…..
Free Money only creates demand for Ever More Free Money

The Chinese will know acutely. Their One Child Policy produced an entire generation of, mostly male, Spoiled Brats.
Hence why said policy was so rapidly and unceremoniously dumped – in case of what was foretold in Lord of the Flies and what actually unfolded on Easter Island

Face it, People of the US, its what you spend on healthcare every 3 months.
Or what Boris has blown in order to trash the UK economy and all who sail in it, mentally as well as physically while wrecking relations with most rest of Europe, especially with the French.
Total self destructive Clown: where’s he gonna get his vino from, none left in the in the UK as Chuckles has burnt it all in his Porsche
Et aussi, bonjour Madame et Quelle Horreure, Les Frogz-legz ain’t got any spare since Jack Frost snaffled it all earlier this year

oh dear – laff a minute innit

S Baz
November 3, 2021 12:47 pm

What a joke, two countries which have a space programme want a trillion dollars…..1

November 3, 2021 12:50 pm

We need a goal…..450ppm CO2 by 2050…we can do this….the benefits of further greening of the planet are immense….and cost nothing…just stop this windmill/solar waste.

Reply to  Anti-griff
November 3, 2021 1:53 pm

You’re a piker. Dream big. My goal is 480 ppm CO2 by 2050.

Sadly, it won’t help with Global Warming, which I’ve been cheering on for years. A warmer world is a better world and *sigh* CO2 is not the climate control knob.

We need a change of plans before the next glaciation rolls around.

P.S. Just give China and India the $Trillion dollars they are asking for so they can use it to buy Hunter Biden paintings. The money won’t do a darned thing for the global average temperature, but it will keep at least one artist from starving. Oh… and 10% for the Big Guy.


Peta of Newark
November 3, 2021 1:01 pm

Where’s Boris, not crashed out on the sofa again?

Meanwhile, get a load of UK energy numbers right now – eyeballing the Met Office ‘radar’ map says UK temps right now are about 7 Celsius – not esp cold but its quite damp out out there making it much colder

Run that by me again, you know, how water is a Green House Gas….

UK Energy Numbers 03 Nov 21.PNG
November 3, 2021 1:07 pm

They are laughing at us.
All they need to do to dominate us is demand a number that will bankrupt us.
They don’t care whether we take it or leave it but if we take it then they gain the world.
This has become a defence issue.
Russian and Chinese scientist’s climate models do not regard CO2 as the climate control knob and they are right.
The corruption of our scientific establishment has become an existential threat to western civilisation.

Izaak Walton
Reply to  Stephen Wilde
November 3, 2021 1:57 pm

If they are after a number that will bankrupt us then they need to demand a lot more. One trillion dollars is just 3 Elon Musks or about 6 Jeff Bezos. Alternatively it is the same amount that the US government borrows every year to pay for its defence budget. So spread out over 20 years and between the G20 one trillion dollars is a trivial sum. Plus most of that will end up going to western companies to buy infrastructure and would in fact count as government subsidies. Germany for example gets rich selling machines to manufacture solar panels to China.

Reply to  Izaak Walton
November 3, 2021 2:59 pm

On top of existing debt and the cost of proposed policies ?

Izaak Walton
Reply to  Stephen Wilde
November 3, 2021 3:10 pm

The current rate for a 10 year EU central bank bond is -0.14% so the EU could issue several hundred billions of euro bonds and make money. Even in the US interest on government bonds is below inflation so there is borrowing money if you are a government has never been cheaper.

Reply to  Izaak Walton
November 3, 2021 10:47 pm

Borrowing money from who? And where did the lenders get the money to loan?

Get real. They borrow fiat money from the unborn based on the fallacy that the unborn will earn it in the future somehow. Its a great idea, no one owes anything to anyone, just make promises and call them assets. Be sure to die before the foreclosure happens though.

Reply to  Izaak Walton
November 3, 2021 9:50 pm

The Chinese are furiously developing their own IP in everything from batteries to nuclear reactors and proudly declaring it every chance they get.

They won’t be rich for long when the Chinese start copying and improving the machines, and the Germans keep buying trillions in solar cells, turbines and batteries.

Richard Page
November 3, 2021 1:08 pm

Did Joe Biden actually mean ‘value added’ or ‘gain of function’?

November 3, 2021 1:12 pm

China is among a group of nations demanding rich countries donate as much as $1 trillion to help tackle climate change.

Now, now… it’s a donation! That means we’ll get a tax receipt, or something, right? 😉

November 3, 2021 1:59 pm

take their demands from the reparation of $15 trillion china owes america because of their bioweapon known as covid19.

Tom Abbott
November 3, 2021 2:07 pm

Is that ENSO meter broke, or did it just make a huge move towards cooling?

Walter Sobchak
November 3, 2021 2:24 pm

Won’t get anything if they don’t as for it.

November 3, 2021 2:26 pm

No way could China get to Net Zero with only a $1 Trillion investment…let alone all the developing countries.

The lies and inaccuracies in this whole scheme are at least 1 or 2 orders of magnitude off.

The misnamed “US Infrastructure Bill” only asks for $500 Billion. What a joke when the cheapest route to Net Zero would be to build 3500 Nuclear Plants (@ 2.2 Gw) which comes with a sticker price of AT LEAST $50 Trillion.

What a bunch of liars. They aren’t even hinting at the truth. Costs will be 50 to a hundred of times higher than a piddling $1 Trillion to De-carbonize the third world…especially if China and India are included…which is another crock.

If citizens ever saw the REAL PRICE TAG required to get to Net Zero, they might want a little more proof.

Last edited 1 year ago by DocSiders
Energy Guru
November 3, 2021 2:32 pm

I also demand a £trillion to afford renewable (yet carbon riddled) energy bills

November 3, 2021 3:06 pm

The American people must take great comfort with such a courageous leader in the White House, and someone of the caliber of Kerry to back him up.

And then there is Prime Minister Boris, the white haired statuesque figure taking the lead and charting the unchartable, in classic Winston Churchill phrases. We shall beat climate change in the oceans and atmosphere and send that fossil energy supply to hell.

It gives one a righteous glow of pride and optimism, made more complete with fresh RNA flowing through the veins, ready for the battle.

Tally ho all, rise and be seen.

November 3, 2021 3:57 pm

So, let me get this straight. Are they saying they want $1 trillion free and clear on top of the several trillion they earn annually in trade, or are they going to stop taking that several trillion they earn annually in trade until we give them $1 trillion? Just asking for a friend.

Richard Page
Reply to  2hotel9
November 4, 2021 5:49 am

$1 trillion over and above trade. India wants most of it in the form of technologies, not sure what China wants.

Reply to  Richard Page
November 4, 2021 6:56 am

So they are going to shutdown all trade until they get this ransom? Go for it.

Richard Page
Reply to  2hotel9
November 4, 2021 3:49 pm

Don’t be silly. This is completely seperate from any trade. Obama and the UN promised the ‘developing countries’ a wheelbarrow of money each for ‘climate reparations’ or some such nonsense. China and India just turned up with a far bigger wheelbarrow is all.

Reply to  Richard Page
November 5, 2021 5:08 am

So, the only way they get this loot is by holding the gun of shutting off trade to the world’s head. Got it.

michael hart
November 3, 2021 4:44 pm

“$1 trillion demand for rich nations to combat climate change as Joe Biden rips into China, Russia…”
I don’t think Joe Biden is going to rip into anything soon.

China and Russia didn’t even bother turning up for this party. The only shame is that they passed up an opportunity to view Loch Lomond and The Trossachs.

November 3, 2021 4:53 pm

Better increase your yuan and crypto donations to Nancy, Schumer, and Uncle Bernie if you want that money to flow.

Craig from Oz
November 3, 2021 5:47 pm

But Beijing got a thumping from US President Joe Biden

And I am SURE that left them terrified and trembling.

Clyde Spencer
November 3, 2021 8:43 pm

After meeting Joe Biden and John Kerry in person, China, India and delegates of other developing nations have added another zero to their carbon ransom, and are now demanding a trillion dollars to tackle the climate crisis.

I guess they were really impressed by their mental acuity and negotiating prowess.

November 3, 2021 9:24 pm

Sounds like Biden actually believes that COP26 is supposed to be significant.

Reply to  PCman999
November 3, 2021 10:56 pm

Don’t worry. Joe will return home and submit all the COP26 financial agreements to the US Senate for its two thirds treaty ratification. He took an oath to uphold the constitution and he always says he will keep his promises. Just you wait and see.

November 4, 2021 1:02 am

Why on earth does anyone think China is a developing country? Its already well developed. Its per capita emissions are about the same as the EU.

Its been an amazing story, its development, quite extraordinary that a government should take such precipitous growth as its objective, and that a population should be capable of delivering. And its not over yet.

But the idea that having achieved in 50 years what took the West several hundred, it can still be considered a developing country? In many ways its a larger economy than the US. You doubt this? Look up the steel production and electricity generation numbers.

Its a completely mad idea that its a developing country any more in need of aid than the US or the UK.

Robert Hanson
Reply to  michel
November 4, 2021 2:27 pm

Actually, the US and the UK are in desperate need of aid. And the more they shut down their domestic FF production, the more true that will become.

Andy H
November 4, 2021 3:23 am

Their 100 billion was partly in loans. We’ve seen that before. Loan poor countries the money to buy stuff they don’t really want (inefficient/inappropriate technology). Then they have to pay back many times the original loan but their economies haven’t improved. The poor countries leaders skim off billions. The people selling the technology make billions. The people who have to pay the loans back stay poor.

Jeff corbin
November 4, 2021 9:19 am

Funny Money.

A trillion is about the amount of money it would take to complete the R&D, commercialization, manufacture of real high tech energy solutions and revision of energy distribution infrastructure that would reduce the consumption of fossil fuel a factor of 8-11 by virtue of increased efficiency and alternative electrical generation options. This would be awesome if: 1) it empowered families, farms, local economies at reduced energy prices factor 5-6 lower than current prices, 2) enabled the USA to create new giant global markets for excellent high tech energy efficiency solutions to sell to the world. 3) and make obsolete old expensive energy production and distribution tech and infrastructure paradigms that would improve the air and water quality of local communities.

We live in an age where the only solutions empower digital/information/communication tech companies. by creating solutions for problems and needs created by the existence of previous generations frivolous solutions for needs and problems that those solutions created. Did we really need all the digital toys we have now? What is the down side? Blogging downside or upside? Science or politics?. Logic or influence and so on?

The only other solution that is currently being sought : 1) raise taxes and 2) print more money and try to win the geopolitical currency/commodities (fossil fuel) game.

( Siding with Iran obvious is hurting us a the fuel pump…because the fossil fuel market is fundamentally political because it is controlled by an actual global cartel and defacto collusion….. and so has all our other commodities (oats, pork bellies etc) empowered by defecto collusion via algorithmic data mining)

No solution for fossil fuel exists. All we have are banners of a new age (electric cars)… with no signs of the new age on the horizon other than Elon stock marketeering at a time when the geopolitical push is working hard to prevent said new age. There is no logic in the propaganda. it is all existential and mythic. Reality has been set aside which is easy to do when it is miss-represented and encapsulated in a hand held gadget.

No solution for fossil fuel (hydrocarbon fuel) is currently in existence. And none are on the horizon other than to reverse the 15 year old trend to exit nuke power. So in the end, all the carbon dollars yap is nothing but smoke and mirrors BS… with no actual real solutions for American local communities.

The game is a bad one. We need to stop playing it.

November 4, 2021 1:23 pm

Okay, I’ve got it now: promise publicly to reduce and/or stop your CO2 emissions and you can extort half a billion bucks from any guilt-ridden government.

Got it.

I will henceforth (or maybe hencefoward?) wear rebreathing equipment when I am not in the comfort of my personal space (my cave), when I am out and about running errands and getting things I need, and I will confine my own personal emissions to the confines of my personal dwelling place, starting when a half billion bucks are deposited to my account.

And by bucks, I do not mean the antlered sort of buck. I mean cash money, moola, greenbacks, etc., and I’ll meet the Brinks truck at the door to my bank.

Fair enough?

Now, how long I will endeavor to persevere at this task remains to be seen, but I will absolutely not provide a refund of any kind just because I go outside my dwelling space occasionally.

That’s my story and I’m sticking to it.

James Bull
November 5, 2021 12:31 am

That’s peanuts Dementia Joe will just get them to print more. It’s worked up till now with 40% of all American cash ever printed having been printed in the last year.
Can’t remember where I saw that figure but I did go looking to check it. Although by the end of the print run they probably won’t be able to afford the paper to print it on.
Oh how the mighty have fallen.

James Bull

John Endicott
November 5, 2021 6:56 am

China can have the $1 trillion right after they pay the world the 10s of trillions it owes in reparations for unleashing the wuFlu on the world.

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