Monday, November 20, 2006

EU: Climate Conference a Success - Nothing Done

When the EU calls something a success, you know that means everyone successfully took their turn to talk about something. So, good news for those who think that emission targets and carbon trading are socialist plots against successful capitalist economies: new emission targets were not set in Nairobi, and the poor countries came away empty-handed for their carbon credits. The poor countries did not get new funds, but they were happy that access to the Adaptation Fund was streamlined. Ever wonder why it's so important that global warming get blamed for everything? The Adaptation Fund under the Kyoto Protocol is for poor countries to cope with climate change. That sounds vague enough for all sorts of graft and corruption. "Preserving a coastline" means building a new beach resort. I'm not sure what the land-locked African nations would do with their funds except buy water, but warlords and dictators might have better imaginations than I do.

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