Should the US pay $2 trillion for climate
loss and damage?
Quartz,
by
John Detrixhe
Original Article
Posted By: NorthernDog,
11/8/2021 8:35:20 AM
Poor countries, rocked by storms and flooding from climate change, have spent years trying to hold the big carbon-emitters accountable. While most rich nations have fiercely resisted this liability, attendees at COP26 will give it another try in Glasgow next week. The US is the $2 trillion elephant in the room. That figure is a rough estimate (most likely at the very low end) of how much the world’s largest economy could owe other nations if it accepted liability for the “loss and damage” caused by its historical emissions of carbon dioxide, according to Richard Tol, an economics professor at
Sure... why not... Just print up a couple of trillion dollar bills and give them to the UN... they'll know what to do. (Yes, it is this stupid).
9 people like this.
Reply 2 - Posted by:
NamVet70 11/8/2021 8:42:08 AM (No. 971046)
Not just no but H*ll No!
10 people like this.
Reply 3 - Posted by:
LanceLink1 11/8/2021 8:43:24 AM (No. 971047)
If so why aren't India and China also paying up?
12 people like this.
Reply 4 - Posted by:
bad-hair 11/8/2021 8:44:22 AM (No. 971050)
Maybe after CHINA coughs up 20 trillion, and India about 14 trillion. For no particularly good reason other than which way the wind blows and the climate changes.
11 people like this.
Reply 5 - Posted by:
LC Chihuahua 11/8/2021 8:53:47 AM (No. 971052)
Biden would give them 5 trillion.
6 people like this.
Reply 6 - Posted by:
greyseal 11/8/2021 8:54:06 AM (No. 971053)
What's China's liability? Russia's? And whose responsibility is it for all the volcanoes erupting over the past years? Is Spain liable for the La Palma eruption and all the CO2 it generated? Is Italy gonna pony up for Mt. Etna? The world's climate is always changing - it's been a lot warmer (Jurassic) and a whole lot colder (Last Glacial Maximum). Only humans have the hubris to believe that what is occurring now is the "norm".
When Nature decides another shift is due, we'll be like bugs on a windshield - helpless to meet our onrushing fate.
greyseal
9 people like this.
Reply 7 - Posted by:
WhamDBambam 11/8/2021 9:00:09 AM (No. 971057)
"Poor countries, rocked by storms and flooding from climate change...." Stopped reading there.
Lets' go, COP26.
8 people like this.
Reply 8 - Posted by:
Bur Oak 11/8/2021 9:00:50 AM (No. 971059)
What is "climate loss?" Actually the climate has gotten better, notice the greening of the planet and recent record crop yields.
5 people like this.
Reply 9 - Posted by:
bpl40 11/8/2021 9:10:20 AM (No. 971069)
If we have a skilled deal maker (like DJT) leading us, who will use the money deftly to shape world events and 'buy' influence in such a manner that the Chicoms cannot compete with us. Then yes. I am willing to give it a try.
1 person likes this.
Let China pony up their share first, since they are the ones 'destroying' the environment. While they have the checkbook out, they can also reimburse the world for unleashing COVID onto it.
5 people like this.
Reply 11 - Posted by:
red1066 11/8/2021 9:15:50 AM (No. 971079)
The U.S. has done more than it's fair share to limit pollution to this planet. If the rest of the world thinks that climate change is that important, then catch up to the U.S. standards and start pulling your own weight.
7 people like this.
Reply 12 - Posted by:
marbles 11/8/2021 9:19:59 AM (No. 971086)
Sue the sun.It controls the various climates on earth. This climate liability is a scam.
7 people like this.
Reply 13 - Posted by:
coyote 11/8/2021 9:24:20 AM (No. 971095)
Oh, the high temps or heavy rain was caused by that steak we ate last week. Now that's bull. Anything can be said once standards of cause and effect are lost. That is the direction we have been heading for some time.
6 people like this.
Reply 14 - Posted by:
Twinkle93 11/8/2021 9:27:14 AM (No. 971100)
There has no scientific information that has shown that storms and flooding has increased. We might have more "named" storms then 50 years ago, but that is because a number of them years ago were never seen so far out in the Altantic, i.e. Wanda.
However, there has been an increase yield in crops due to increase in CO2 in the atmosphere.
5 people like this.
Reply 15 - Posted by:
planetgeo 11/8/2021 9:28:29 AM (No. 971104)
Meanwhile, we are enjoying the mildest and most pleasant Autumn (or, "Indigenous Savage Summer") I can ever remember. Beautiful sunny days, temperatures in the mid to upper 60s all week, with cool but not too cold evenings. Thank you, Hummer drivers everywhere! And keep up the great work. A couple degrees higher would be even better.
4 people like this.
Reply 16 - Posted by:
SkeezerMcGee 11/8/2021 9:29:29 AM (No. 971105)
When a government desires to distribute tax receipts for purely political reasons one absurd excuse is as good as another absurd excuse. This nonsense would be as effective as pouring one cup of cold water into trillions of large swimming pool in some countries to lower the water temperatures and the costs being paid by a few foreign government(s).
4 people like this.
Reply 17 - Posted by:
wilarrbie 11/8/2021 9:29:51 AM (No. 971106)
How much is China and India responsible for?
3 people like this.
Reply 18 - Posted by:
Californian 11/8/2021 9:34:59 AM (No. 971112)
No.
1 person likes this.
Reply 19 - Posted by:
downnout 11/8/2021 9:37:21 AM (No. 971120)
Has anyone bothered to ask what the world will do when the US is bankrupt??
5 people like this.
Reply 20 - Posted by:
padiva 11/8/2021 9:56:32 AM (No. 971147)
Can the US give 'seed' money to parts of the world to plant and grow trees?
2 people like this.
Reply 21 - Posted by:
paral04 11/8/2021 10:00:46 AM (No. 971151)
Why not base this proportionately on the emissions per capita for each county world-wide less the carbon offsets such as trees. If you have been to Rome, Mexico City, and other large cities, the US is very, very clean
2 people like this.
Reply 22 - Posted by:
mc squared 11/8/2021 10:15:55 AM (No. 971172)
The reason Climate Change/Warming/Cooling is summed up in the first sentence:
Poor countries, rocked by storms and flooding from climate change, have spent years trying to hold the big carbon-emitters accountable.
Create the Straw Man of storms and flooding to justify a demand for American $$$$$
3 people like this.
Reply 23 - Posted by:
JunkYardDog 11/8/2021 10:34:29 AM (No. 971202)
NO.
2 people like this.
Reply 24 - Posted by:
Jesuslover54 11/8/2021 10:44:17 AM (No. 971216)
First, prove it.
2 people like this.
Reply 25 - Posted by:
DVC 11/8/2021 10:57:41 AM (No. 971244)
No.
Human activites have ZERO effect on the global climate.
NONE.
2 people like this.
Reply 26 - Posted by:
kono 11/8/2021 12:12:34 PM (No. 971363)
Should the U.S. pay $2 trillion for climate loss and damage? I don't think the U.S. should pay $2 for "climate loss and damage," let alone $2 trillion.
1 person likes this.
Reply 27 - Posted by:
kono 11/8/2021 12:14:19 PM (No. 971366)
(because the "climate" crisis is a bunch of excremental hyperbole gathered into a giant hoax)
0 people like this.
Reply 28 - Posted by:
Ida Lou Pino 11/8/2021 12:15:24 PM (No. 971369)
Poster #15 - - it isn't Indigenous Savage Summer - - it's Siberian Immigrant Summer.
Just so you know.
0 people like this.
Reply 29 - Posted by:
DVC 11/8/2021 1:56:32 PM (No. 971501)
We in the USA are NOT responsible for your weather.
Too damned bad you didn't plan for foul weather and make your living arrangements in light of those rare, but PREDICTABLE weather events that happen once in a year, or once in a decade.
Build a straw house in a flood plain.....not surprising if it blows down or floods out.
YOUR fault, not mine.
0 people like this.
Reply 30 - Posted by:
rochow 11/8/2021 6:49:29 PM (No. 971726)
The first vegetable should start paying out of his own pockets the damage he caised in Glasgow with a wicked case of flatulence and in Rome by fumigating the halls of the Vatican with another emission dump from another orifice!
0 people like this.
Reply 31 - Posted by:
Jennie C. 11/8/2021 8:57:23 PM (No. 971783)
What the heck is climate LOSS?
0 people like this.
Reply 32 - Posted by:
hoosierblue 11/9/2021 7:37:02 AM (No. 972032)
Let China pay it. They are the ones screwing up the climate- if anyone is.
0 people like this.
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Is this part of Build Back Blunderer's plan? I doubt they are so stupid to think the US can cause floods and droughts on the opposite side of the world. Leftists just want to see the US brought down.