John Kerry Allegedly Suggesting American Companies Buy Ways Out of Climate Action – Are You Happy With That?
Essay by Eric Worrall
A plan for the permanent impoverishment of poor countries? American companies pay poor countries to stay poor?
Kerry announced – and was immediately criticized – a new plan to raise funds for climate action
According to CNN 4:49 am on November 10, 2022
US climate envoy John Kerry announced a controversial new plan to raise cash for climate action in the developing world – by selling carbon credits to companies that want to offset their polluting emissions.
Speaking at the COP27 climate summit in Egypt on Wednesday, Kerry said the initiative should be “set up and implemented” within a year and would help fund the energy transition. in vulnerable countries. He said Chile and Nigeria are two countries that have expressed interest in the plan.
But the plan has been criticized for the way it is funded – with proceeds from the sale of carbon credits, which allow companies to pay others to cut their planet-warming emissions, instead of cutting their own.
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What can I say – wrong in many ways. I first agree with Kerry’s green critics.
Not only will the plan allow US companies to buy a way out of climate actions that Kerry says are vital to saving the planet, Kerry’s proposed plan will pay poor countries not to copy children. industrialization of the United States – which would condemn them to poverty.
If renewable energy is much cheaper than fossil fuels, as green energy advocates claim, poor countries will seize the opportunity to invest in green energy at their disposal without resorting to the need for green energy. climate finance programs like Kerry suggested. Any day now / irony.
Update (EW): Added DEA Wanted Poster for alleged Narco-terrorist Nicholas Maduro, the guy that Kerry shook hands with.
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