Guest essay by Eric Worrall
Is the Prime Minister a Flip-Flop planning £60 billion in tax increases and spending cuts so he can offer large “climate pledge” payments to foreigners?
Cop27: Sunak says it’s ‘morally correct’ for UK to honor climate commitments
PM told summit Britain would honor commitments but made no mention of compensations
Aletha Adu Tuesday, November 8, 2022 07.08 AEDT
Rishi Sunak said it was “morally correct” for Britain to honor its climate change commitments during his speech at Cop27, but he did not mention paying compensation after Boris Johnson said the country could not afford to do so.
The Prime Minister made a very brief appearance on the world stage on Monday, after making a very public statement about his attendance in Egypt – the same reversal could leave him living in Johnson’s shadow, when he was forced to speak a few hours later. his opponent.
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He said he believes the conference can deliver on promises and statements The UK has tripled its funding to help countries adapt to the impacts of climate change.
But he could not explain how developed nations, who, in his words, were “unfairly burdened with the carbon debt of richer nations” would be supported.
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WUWT predicting a few days ago that Prime Minister Rishi Sunak will attend COP27 is a bad idea.
Former Prime Minister Boris Johnson stated that The UK can’t afford climate compensation. I’m not sure if Rishi still takes orders from Boris, but Rishi specifically avoids using the phrase “climate compensation”.
There is a big question as to where all the money that Rishi Sunak promises will come from. Britain’s public finances are in a precarious position.
All the government spending on renewable energy and the Covid lockdown, and all the damage to the economy from high energy prices, has blown up the UK government debt so much, markets globally last month forcing the UK to accept an increase in borrowing costs.
Given the number of Britons struggling with electricity bills and the high cost of living, I suspect the last thing Britons want right now is for the Prime Minister to start transferring large amounts of people’s cash. pay British taxes to climate advocates.
In my view, only the US midterm elections stand in the way of the US participating in this crazy Western money donation scheme. Australia is backing the climate remediation effort, and Britain has promised to pay more for the climate. In my opinion, Canada and New Zealand will probably be in the ranks. Only the United States can pull the plug on this dash to give all our money.
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