Essay by Eric Worrall
A scheme for permanent impoverishment of poor countries? US companies pay poor countries to stay poor?
Kerry announces — and is immediately criticised for — a new plan to raise money for climate action
By CNN 4:49am Nov 10, 2022
US climate envoy John Kerry has announced a new, controversial plan to raise cash for climate action in the developing world — by selling carbon credits to companies wishing to offset their polluting emissions.
Speaking at the COP27 climate summit in Egypt on Wednesday, Kerry said the initiative should be “up and running” within a year and would help finance energy transition in vulnerable countries. He said Chile and Nigeria were two countries that had already expressed interest in the scheme.
But the plan has already attracted criticism because of the way it will be financed — with money raised in sales of carbon credits, which allow companies to pay for someone else to cut their planet-warming emissions, instead of cutting their own.
…
Read more: https://www.9news.com.au/world/cop27-un-climate-conference-us-climate-change-funding-plan-john-kerry-criticism/66b80d49-4bef-441f-a066-d5c6e971e3e0
What can I say – wrong on so many fronts. For once I agree with Kerry’s green critics.
Not only would this scheme allow US companies to buy their way out of the climate action greens like Kerry say is vital to save the planet, Kerry’s proposed scheme would pay poor countries not to copy the US path to industrialisation – which would likely condemn them to staying poor.
If renewable energy is so much cheaper than fossil fuel, as green advocates claim, poor countries will jump at the opportunity to invest in green energy of their own free will, without any need for climate finance schemes like the one Kerry proposed. Any day now /sarc.
Update (EW): Added The DEA Wanted Poster for accused Narco-Terrorist Nicholas Maduro, the guy Kerry shook hands with.
I find it hard to understand how people can listen to him and agree with him. He spews more crap than a broken sewer!!
Can you imagine if he hadn’t been Swift Boated in his bid to be president?
Can you imagine if instead of shooting himself in the ass and getting a purple heart medal, he had missed and faded off into upper class twit obscurity?
“Carbon credits” are as big a scam as AGW.
The “Indulgences” of the modern era. Though the itinerant preachers who would sell indulgences have been replaced with morally questionable (at best) globalist extra-governmental organisations. The recipients of these modern day indulgences aren’t planning on building cathedrals, they’re planning on building panopticons.
He’d sewed a holy relic on his cap;
His wallet lay before him on his lap,
Brimful of pardons come from Rome all hot.
He had the same small voice a goat has got.
The Pardoner’s Tale, from “The Canterbury Tales” by Geoffrey Chaucer
circa 1387.
2022-1387 = A 635-year-old scam, and still going strong!
“He said Chile and Nigeria were two countries that had already expressed interest in the scheme.”
That simply means that there are govt entities in Chile & Nigeria that need to be audited & investigated. If they are interested in that kind of corruption, it ain’t likely they are first-timers.
There’s probably a prince or two in Nigeria who are interested in such a scheme.
So that’s where they got the $10 million dollars that they now want to transfer to my bank account.
Incredible idiocy by climate alarmist propagandists. Disgusting.
‘Lurch’ never was very bright. He proves that again here with his non-starter proposal.
Send the bill to the UAW, AFLCIO and other unions.
Nah they’ll just soak their involuntary members more to recover it.
I have a couple letters from a Nigerian prince back in the 90’s promising me millions, back in the old school scam days.
I think that has more credibility than Kerry
Here’s an idea: instead of Kerry’s plan viz. poor people in rich countries paying rich people in poor countries, how about rich people in rich countries (for instance John Kerry) paying poor people in poor countries.
Better yet, stop trying to pick ANYBODY’s pockets to chase non-solutions to imaginary problems.
What s new ? Al Gore justified is huge electricity consumption as he is offsetting it with purchased carbon credit. In the same way POTUS shake hands with everybody who could sell him some fossil fuel after he shut his own source, Kerry is just doing what he is instructed.
But one has to remember that much of Gore’s current wealth is derived from the trading in carbon offsets – no wonder he doesn’t mind, it goes from his left pocket into his right.
Yeah , purchased no doubt from the carbon trading outfit HE OWNS.
I presume that the representatives of the foreign nations are holding out for that planet-saving concept technically referred to as “the right price?”
Of course, the price is never right if the moolah doesn’t arrive any time soon. Preferably in a numbered Swiss bank account.
Perfect! The Church of Climastrology is now offering anyone who is nervous about their
“carbon footprint” to buy indulgences.
High Priest John Kerry says details will be forthcoming, but just plan on making out your checks to some Nigerian Princeling or President Maduro. And I thought getting to NetZero by 2050 was
gonna be hard! Silly me. sarc/off
Carbon, credits, e-coins, NFTs.
The world has gone so mad, I’ve stocked up on e-flowers ready for the digital revival of tulip mania
It’s just sooooo very very ‘poor’ isn’t it? Isn’t he?
That there’s no other solution to any problem other than to throw money at it.
Best of all, it’s other people’s money.
He is mandating how other people spend their money – and without any consideration of where it came from?
Here’s a thought:
There is only One Place where money (richness) comes from.
Only one.
Would it be fair to say that ‘Rich Countries’ have ‘Rich Soil’
Is it not a pre-requisite for richness and affluence that you feed yourself first, then move on to ‘other things’ – toys, computers, TV, lame-stream-media etc etc
Thus, The Money this brain-dead is spending is coming from The Land.
Some of us would suggest that, taking account that 95% of all illness comes from ‘poor diet’ and that the US spends Four Trillion Dollars per year on healthcare that:
Yet Kerry is forcing folks to pull ever more out of it.
Does he even have the mandate or the right to do that?
No matter, just mull it over. Start by simply correlating ‘prosperity’ with ‘food availability’
Another scam from the loser Kerry. Color me not surprised. The climate “crisis” does not exist , has not been proven by any factual evidence, yet, the elite nitwits continue to show their level of stupidity by scams like this offered by “Lurch”.
Of course, the countries which have been held in poverty(usually due to their lack of honest leaders), will line up with their hands out. Similar to welfare in the US.
Would somebody put this group of carpetbaggers and snake oil salesman out of business, please.
People like Joey Biden…Kerry….Gore….always do Evil and profit from it….the world could be a better place but not as long as Evil exists.
Almost as ‘Brain Dead’ as the ‘current one’, except the ‘current one’ has multiple handlers telling him what to say.
When you’re involved in criminal activity you eventualy end up meeting criminals of other types.
I wonder if any of his staff enlightened him as to who it was that he had shaken hands with?
Any country that wants to sign up to this is obviously only slightly less corrupt than he is.
James Bull