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COP29 Collapse

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By *eoBlooms OP   Man
12 weeks ago

Springfield

With the latest Cop summit on brink of chaos and collapse, is there really any use in these expensive junkets ?

The sticking point is that 'developing' countries want even more free money, but that group includes China which is both very rich and one of the worlds greatest polluters. Same goes for Brazil who have decimated their own unique eco system. And of course lots of those countries are spectacularly corrupt and that money will just go to waste.

Europe and the UK are already reducing our carbon output each year. Why should we pay those who are doing the opposite?

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By *0shadesOfFilthMan
12 weeks ago

nearby

Trump will withdraw again from Paris climate accord.

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By *0shadesOfFilthMan
12 weeks ago

nearby

Global population growth is projected to increase by 25% by 2080, another two billion people.

Most of that increase from emerging economies, aspiring to western living standards and consumerism

Has this been factored into the future carbon footprint predictions.

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By *eavilMan
12 weeks ago

Stalybridge

The trouble is that there will be no co-ordination or control of how the money will be spent.

Money will probably go on vanity projects, bolster paramilitaty forces as has happened in the past or simply disappear through corruption.

There is no simple solution but just throwing money at individual countries will produce no results.

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By *uffleskloofMan
12 weeks ago

Walsall

Whole thing is a massive shakedown. Like sla*ery reparations.

But why not try it on? What have they got to lose? Sooner or later naive fools like Starmer will hand over some cash if they keep the pressure up for long enough.

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By *eoBlooms OP   Man
12 weeks ago

Springfield


"Global population growth is projected to increase by 25% by 2080, another two billion people.

Most of that increase from emerging economies, aspiring to western living standards and consumerism

Has this been factored into the future carbon footprint predictions. "

Really good point.

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By *eoBlooms OP   Man
12 weeks ago

Springfield


"The trouble is that there will be no co-ordination or control of how the money will be spent.

Money will probably go on vanity projects, bolster paramilitaty forces as has happened in the past or simply disappear through corruption.

There is no simple solution but just throwing money at individual countries will produce no results."

Exactly, it's impossible to control the spending.

All our efforts and resources should go on making our own country more sustainable and improving our environmental defences. That's all we can control.

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By *ountry cowboyMan
12 weeks ago

Kinross


"Global population growth is projected to increase by 25% by 2080, another two billion people.

Most of that increase from emerging economies, aspiring to western living standards and consumerism

Has this been factored into the future carbon footprint predictions. "

World overpopulation is cause of all problems in today's World

Including food, housing, employment, benefits and on top of that travel.

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By *0shadesOfFilthMan
12 weeks ago

nearby

Carbon credits, carbon offsetting and use of carbon derivatives make it very unclear who is making real progress.

The Ftse350 indices alone has nearly 50 million units of traded carbon credits.

It would need an unbiased expert author to explain all this in simple terms and how everything else we read on this subject is at best unreliable

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By *0shadesOfFilthMan
12 weeks ago

nearby


"The trouble is that there will be no co-ordination or control of how the money will be spent.

Money will probably go on vanity projects, bolster paramilitaty forces as has happened in the past or simply disappear through corruption.

There is no simple solution but just throwing money at individual countries will produce no results."

I read tonight cop has agreed on £300bn funding

If my maths is correct that’s 0.03% of annual global gdp; pocket money.

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By *ohnnyTwoNotesMan
12 weeks ago

golden fields


"The trouble is that there will be no co-ordination or control of how the money will be spent.

Money will probably go on vanity projects, bolster paramilitaty forces as has happened in the past or simply disappear through corruption.

There is no simple solution but just throwing money at individual countries will produce no results.

I read tonight cop has agreed on £300bn funding

If my maths is correct that’s 0.03% of annual global gdp; pocket money. "

Peanuts compared to what the fossil fuels industry gets.

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By *eoBlooms OP   Man
12 weeks ago

Springfield


"Carbon credits, carbon offsetting and use of carbon derivatives make it very unclear who is making real progress.

The Ftse350 indices alone has nearly 50 million units of traded carbon credits.

It would need an unbiased expert author to explain all this in simple terms and how everything else we read on this subject is at best unreliable "

Aren't carbon credits just a massive racket ?

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By *eoBlooms OP   Man
12 weeks ago

Springfield


"The trouble is that there will be no co-ordination or control of how the money will be spent.

Money will probably go on vanity projects, bolster paramilitaty forces as has happened in the past or simply disappear through corruption.

There is no simple solution but just throwing money at individual countries will produce no results.

I read tonight cop has agreed on £300bn funding

If my maths is correct that’s 0.03% of annual global gdp; pocket money. "

What's the gdp of all the recipient countries ?

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By *ithintemptationsCouple
12 weeks ago

plymouth

no need for COP meetings if they turn off the volcano's..

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By *ronisMan
12 weeks ago

Edinburgh


"Trump will withdraw again from Paris climate accord. "

Smart guy.

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By *ronisMan
12 weeks ago

Edinburgh

It's all a money grab.

We've been paying for them through foreigner aid for years. Nothing changes. The same ones with hands our and mouths open, asking.

The characters that walked out probably climed into private jets then went home.

Wgaf.

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By *eoBlooms OP   Man
12 weeks ago

Springfield

Taking money from poor people in rich countries to give to rich people in poor countries.

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By *ohnnyTwoNotesMan
12 weeks ago

golden fields


"Trump will withdraw again from Paris climate accord.

Smart guy."

Accelerating climate change is "smart"?

Amazing.

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By *ohnnyTwoNotesMan
12 weeks ago

golden fields


"no need for COP meetings if they turn off the volcano's.."

Probably one of the most sensible posts I've seen on here in a long while.

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By (user no longer on site)
12 weeks ago

It’s become like “international law” in many respects.The poor countries(Read corrupt tyrants) love having rights but hate responsibilities.It may work with western countries that are trade offs as part of deal making but a lot of these poorer countries operate purely on zero-sum

All the money will be invested into the Swiss economy.

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By *0shadesOfFilthMan
12 weeks ago

nearby

“Global carbon emissions from fossil fuels have reached a record high in 2024, according to new research by the Global Carbon Project science team.

The 2024 Global Carbon Budget projects fossil carbon dioxide (CO 2) emissions of 37.4 billion tonnes, up 0.8% from 2023.

Despite the urgent need to cut emissions to slow climate change, the researchers say there is still “no sign” that the world has reached a peak in fossil CO2 emissions.

With projected emissions from land-use change (such as deforestation) of 4.2 billion tonnes, total CO2 emissions are projected to be 41.6 billion tonnes in 2024, up from 40.6 billion tonnes last year”

Carbon Budget include

• Globally, emissions from different fossil fuels in 2024 are projected to increase: coal (0.2%), oil (0.9%), gas (2.4%). These contribute 41%, 32% and 21% of global fossil CO2 emissions respectively. Given the uncertainty in the projections, it remains possible that coal emissions could decline in 2024.

• China’s emissions (32% of the global total) are projected to marginally increase by 0.2%, although the projected range includes a possible decrease in emissions.

• US emissions (13% of the global total) are projected to decrease by 0.6%.

• India’s emissions (8% of the global total) are projected to increase by 4.6%.

• European Union emissions (7% of the global total) are projected to decrease by 3.8%.

• Emissions in the rest of the world (38% of the global total) are projected to increase by 1.1%.

• International aviation and shipping (3% of the global total, and counted separately from national/regional totals) are projected to increase by 7.8% in 2024, but remain below their 2019 pre-pandemic level by 3.5%.

• Globally, emissions from land-use change (such as deforestation) have decreased by 20% in the past decade, but are set to rise in 2024.

• Permanent CO2 removal through reforestation and afforestation (new forests) is offsetting about half of the permanent deforestation emissions.

• Current levels of technology-based Carbon Dioxide Removal (excluding nature-based means such as reforestation) only account for about one-millionth of the CO2 emitted from fossil fuels.

• Atmospheric CO2 levels are set to reach 422.5 parts per million in 2024, 2.8 parts per million above 2023, and 52% above pre-industrial levels.

• The effects of the temporary El Niño climate event also led to a reduction in carbon absorption by ecosystems on land (known as the land CO2 “sink”) in 2023, which is projected to recover as El Niño ended by the second quarter of 2024.

• Emissions from fires in 2024 have been above the average since the beginning of the satellite record in 2003, particularly due to the extreme 2023 wildfire season in Canada (which persisted in 2024) and intense drought in Brazil.

• The land and ocean CO2 sinks combined continued to take up around half of the total CO2 emissions, despite being negatively impacted by climate change.

(University of Exeter 13.11.2024)

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By *eoBlooms OP   Man
12 weeks ago

Springfield

I think we're fucked ^

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By *eoBlooms OP   Man
12 weeks ago

Springfield


"Trump will withdraw again from Paris climate accord.

Smart guy.

Accelerating climate change is "smart"?

Amazing."

US Emissions are decreasing. Its China and India who are accelerating climate change.

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By *0shadesOfFilthMan
12 weeks ago

nearby


"Trump will withdraw again from Paris climate accord.

Smart guy.

Accelerating climate change is "smart"?

Amazing.

US Emissions are decreasing. Its China and India who are accelerating climate change."

China manufactures 28% of everything on the globe. (Uk manufacturing has been in annual decline since the 1950’s)

Should Chinas carbon footprint be viewed proportionately to reflect this

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By *ronisMan
12 weeks ago

Edinburgh


"Trump will withdraw again from Paris climate accord.

Smart guy.

Accelerating climate change is "smart"?

Amazing."

Climate change? It's always happened.

How much, specifically, can you attribute to mankind?

Years ago it was an impending ice age, then global warming now it's climate change to cover all the bases.

Gimme a break.

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By *eoBlooms OP   Man
12 weeks ago

Springfield


"Trump will withdraw again from Paris climate accord.

Smart guy.

Accelerating climate change is "smart"?

Amazing.

US Emissions are decreasing. Its China and India who are accelerating climate change.

China manufactures 28% of everything on the globe. (Uk manufacturing has been in annual decline since the 1950’s)

Should Chinas carbon footprint be viewed proportionately to reflect this "

The main principle should be that the polluter pays. If China doesn't want to pay then I'm sure many countries would be glad to revive their manufacturing sector, and the world would certainly benefit from less disposable plastic rubbish.

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By *ohnnyTwoNotesMan
12 weeks ago

golden fields


"Trump will withdraw again from Paris climate accord.

Smart guy.

Accelerating climate change is "smart"?

Amazing.

Climate change? It's always happened.

How much, specifically, can you attribute to mankind?

Years ago it was an impending ice age, then global warming now it's climate change to cover all the bases.

Gimme a break."

Ah you're back to climate science isn't real again. Fair play to you.

You know in the time it takes to deny that science is real ten times on here. You could actually learn about it.

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By *ohnnyTwoNotesMan
12 weeks ago

golden fields


"Trump will withdraw again from Paris climate accord.

Smart guy.

Accelerating climate change is "smart"?

Amazing.

US Emissions are decreasing. Its China and India who are accelerating climate change."

The figures quoted from the other guy suggested China is doing pretty well.

The US figures will presumably change when Captain Woke removes the US from the Paris climate agreement and starts his policy of making the oil companies as rich as possible regardless of the cost.

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By *eoBlooms OP   Man
11 weeks ago

Springfield

Final agreement of 300bn dollars. Good to know our taxes will be buying more villas in Qatar for the kleptocrats of the 'Global South'. Probably a few electric woke Jaguars too.

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By *ohnnyTwoNotesMan
11 weeks ago

golden fields


"Final agreement of 300bn dollars. Good to know our taxes will be buying more villas in Qatar for the kleptocrats of the 'Global South'. Probably a few electric woke Jaguars too. "

What makes you think the money will be spent of villas?

What's your view on the $7 trillion that the fossil fuels industry receives in subsidies every year? (Increasing year on year).

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By *ostindreamsMan
11 weeks ago

London


"Final agreement of 300bn dollars. Good to know our taxes will be buying more villas in Qatar for the kleptocrats of the 'Global South'. Probably a few electric woke Jaguars too.

What makes you think the money will be spent of villas?

What's your view on the $7 trillion that the fossil fuels industry receives in subsidies every year? (Increasing year on year)."

That $7 trillion "subsidies" is a bullshit number. If you actually read about what they count as "subsidies", you can see how misleading the number is.

This is the kind of fake news and alarmism that actually sets back the climate change movement.

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By *eoBlooms OP   Man
11 weeks ago

Springfield


"Final agreement of 300bn dollars. Good to know our taxes will be buying more villas in Qatar for the kleptocrats of the 'Global South'. Probably a few electric woke Jaguars too.

What makes you think the money will be spent of villas?

What's your view on the $7 trillion that the fossil fuels industry receives in subsidies every year? (Increasing year on year).

That $7 trillion "subsidies" is a bullshit number. If you actually read about what they count as "subsidies", you can see how misleading the number is.

This is the kind of fake news and alarmism that actually sets back the climate change movement. "

Yes it's a nonsense figure that includes private investment and figures for 'environmental costs' which are largely invented by NGOs.

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By *ostindreamsMan
11 weeks ago

London


"Final agreement of 300bn dollars. Good to know our taxes will be buying more villas in Qatar for the kleptocrats of the 'Global South'. Probably a few electric woke Jaguars too.

What makes you think the money will be spent of villas?

What's your view on the $7 trillion that the fossil fuels industry receives in subsidies every year? (Increasing year on year).

That $7 trillion "subsidies" is a bullshit number. If you actually read about what they count as "subsidies", you can see how misleading the number is.

This is the kind of fake news and alarmism that actually sets back the climate change movement.

Yes it's a nonsense figure that includes private investment and figures for 'environmental costs' which are largely invented by NGOs."

Yeah only 1.3 trillion of the 7 is actual subsidies. The so-called researchers basically came up with some number on what they believe is the environmental impact of fossil fuels and called them "implicit subsidies" and took the figure to 7 trillion.

In that 1.3 trillion, 270 billion comes from China subsidising their fossil fuel power plants. The next biggest subsidy comes from Saudi.

If people cared to read past headlines, one can see how lame that $7 trillion number sounds. And the people who fall for these kind of news unironically make fun of daily mail readers.

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By *eoBlooms OP   Man
11 weeks ago

Springfield

Many Pacific islands such as Tuavulu are actually growing in overall land mass, not decreasing. Same with the Maldives where some islands grow as others diminish in response to rising sea levels. Al Gore famously said the Maldives would be under water by 2020 !

The truth about climate change is usually far more nuanced than jamborees like Cop29 will tell you.

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By *ophieslutTV/TS
11 weeks ago

Central

Those who harm others have precedent to compensate them. Countries may be taking some steps to reduce their Carbon output but it doesn't remove their historic output. And most are still causing significant heating that will impact us all. Sleepwalking into oblivion isn't a reasonable approach

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By *eoBlooms OP   Man
11 weeks ago

Springfield


"Those who harm others have precedent to compensate them. Countries may be taking some steps to reduce their Carbon output but it doesn't remove their historic output. And most are still causing significant heating that will impact us all. Sleepwalking into oblivion isn't a reasonable approach "

If 'developed' countries are expected to pay for their emissions from a time when climate change was not recognised or understood, then surely this should be offset against the huge benefits which the industrial revolution brought to humanity, not least to a country such as China whose path to prosperity is entirely due to its embrace of the industrial market economy. Alternatively now we understand climate change, let's stop any further fossil fuel led industrial development.

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By *eoBlooms OP   Man
11 weeks ago

Springfield

It is an odd morality which says that countries should be held accountable for their Carbon emissions from times when climate change was not recognised, while those countries who are increasing their carbon emissions at a time when it is recognised should be given a free pass.

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By *0shadesOfFilthMan
11 weeks ago

nearby

How about everyone going vegetation

60% of farming carbon footprint is from breeding meat for human consumption

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By *ohnnyTwoNotesMan
11 weeks ago

golden fields


"Final agreement of 300bn dollars. Good to know our taxes will be buying more villas in Qatar for the kleptocrats of the 'Global South'. Probably a few electric woke Jaguars too.

What makes you think the money will be spent of villas?

What's your view on the $7 trillion that the fossil fuels industry receives in subsidies every year? (Increasing year on year).

That $7 trillion "subsidies" is a bullshit number. If you actually read about what they count as "subsidies", you can see how misleading the number is.

This is the kind of fake news and alarmism that actually sets back the climate change movement.

Yes it's a nonsense figure that includes private investment and figures for 'environmental costs' which are largely invented by NGOs."

Ah the baldrick approach, deny everything.

Well fair play.

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By *ohnnyTwoNotesMan
11 weeks ago

golden fields

[Removed by poster at 24/11/24 11:41:15]

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By *ohnnyTwoNotesMan
11 weeks ago

golden fields


"It is an odd morality which says that countries should be held accountable for their Carbon emissions from times when climate change was not recognised, while those countries who are increasing their carbon emissions at a time when it is recognised should be given a free pass."

It's not a moral argument, it's a we've-got-to-do-something argument.

Aside from 50% or Fab, we've known about carbon and other greenhouse gas emissions and their effect on the climate since the early 80s.

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By *0shadesOfFilthMan
11 weeks ago

nearby

This will all be about giving money away, carbon credits and obfuscation rather than dealing with the causes.

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By *ostindreamsMan
11 weeks ago

London


"Final agreement of 300bn dollars. Good to know our taxes will be buying more villas in Qatar for the kleptocrats of the 'Global South'. Probably a few electric woke Jaguars too.

What makes you think the money will be spent of villas?

What's your view on the $7 trillion that the fossil fuels industry receives in subsidies every year? (Increasing year on year).

That $7 trillion "subsidies" is a bullshit number. If you actually read about what they count as "subsidies", you can see how misleading the number is.

This is the kind of fake news and alarmism that actually sets back the climate change movement.

Yes it's a nonsense figure that includes private investment and figures for 'environmental costs' which are largely invented by NGOs.

Ah the baldrick approach, deny everything.

Well fair play."

We have shared details about how the 7 trilloon number came up. We are denying it based on facts. We are following the scientific approach, instead of believing everything that the headlines tells us.

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By (user no longer on site)
11 weeks ago


"It's not a moral argument, it's a we've-got-to-do-something argument.

Aside from 50% or Fab, we've known about carbon and other greenhouse gas emissions and their effect on the climate since the early 80s."

That's the problem, nothing of any use if being done about it and all that's happening is a lot of people are lining their pockets with tax money from the public purse. Instead of reducing carbon output the UK is looking at storing it? How fucked up is that?

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By *ohnnyTwoNotesMan
11 weeks ago

golden fields


"Final agreement of 300bn dollars. Good to know our taxes will be buying more villas in Qatar for the kleptocrats of the 'Global South'. Probably a few electric woke Jaguars too.

What makes you think the money will be spent of villas?

What's your view on the $7 trillion that the fossil fuels industry receives in subsidies every year? (Increasing year on year).

That $7 trillion "subsidies" is a bullshit number. If you actually read about what they count as "subsidies", you can see how misleading the number is.

This is the kind of fake news and alarmism that actually sets back the climate change movement.

Yes it's a nonsense figure that includes private investment and figures for 'environmental costs' which are largely invented by NGOs.

Ah the baldrick approach, deny everything.

Well fair play.

We have shared details about how the 7 trilloon number came up. We are denying it based on facts. We are following the scientific approach, instead of believing everything that the headlines tells us."

You've not shared anything fact based. Just to remind you "That $7 trillion "subsidies" is a bullshit number".

Meanwhile the IMF has a detailed report about the $7 trillion.

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By *ohnnyTwoNotesMan
11 weeks ago

golden fields


"It's not a moral argument, it's a we've-got-to-do-something argument.

Aside from 50% or Fab, we've known about carbon and other greenhouse gas emissions and their effect on the climate since the early 80s.

That's the problem, nothing of any use if being done about it and all that's happening is a lot of people are lining their pockets with tax money from the public purse. Instead of reducing carbon output the UK is looking at storing it? How fucked up is that?"

I agree, pathetically little is being done about it. The $7 trillion that the fossil fuels industry gets every year completely dwarfs the amount that's been set aside to tackle the issue. It's a joke.

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By *2000ManMan
11 weeks ago

Worthing

All bs...the planets climate is always changing naturally. In fact air in uk never been cleaner. Milliband escpecially is guilty of jumping on the 'net zero' bandwagon with unreliable wind and solar power push. This will just keep our energy bills high (uk some of the highest in Europe already) and make him rich.

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By *ohnnyTwoNotesMan
11 weeks ago

golden fields


"All bs...the planets climate is always changing naturally.

"

This is unrelated to man made climate change. I'd recommend spending 20 mins or so to read up on it. It's easy to understand.


"

In fact air in uk never been cleaner.

"

This is unrelated to climate change. CO2 and other greenhouses gasses are pumped into the atmosphere, absorb electromagnetic radiation and reradiated it in the infrared spectrum (IE heat).


"

Milliband escpecially is guilty of jumping on the 'net zero' bandwagon with unreliable wind and solar power push. This will just keep our energy bills high (uk some of the highest in Europe already) and make him rich.

"

Transitioning to renewable energy will bring down energy prices in the long term.

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By *ostindreamsMan
11 weeks ago

London


"It's not a moral argument, it's a we've-got-to-do-something argument.

Aside from 50% or Fab, we've known about carbon and other greenhouse gas emissions and their effect on the climate since the early 80s.

That's the problem, nothing of any use if being done about it and all that's happening is a lot of people are lining their pockets with tax money from the public purse. Instead of reducing carbon output the UK is looking at storing it? How fucked up is that?

I agree, pathetically little is being done about it. The $7 trillion that the fossil fuels industry gets every year completely dwarfs the amount that's been set aside to tackle the issue. It's a joke."

And even worse, the anti-science lefties who repeatedly spread fake news about the $7 trillion subsidies thereby damaging the movement against climate change movement

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By *ostindreamsMan
11 weeks ago

London


"Final agreement of 300bn dollars. Good to know our taxes will be buying more villas in Qatar for the kleptocrats of the 'Global South'. Probably a few electric woke Jaguars too.

What makes you think the money will be spent of villas?

What's your view on the $7 trillion that the fossil fuels industry receives in subsidies every year? (Increasing year on year).

That $7 trillion "subsidies" is a bullshit number. If you actually read about what they count as "subsidies", you can see how misleading the number is.

This is the kind of fake news and alarmism that actually sets back the climate change movement.

Yes it's a nonsense figure that includes private investment and figures for 'environmental costs' which are largely invented by NGOs.

Ah the baldrick approach, deny everything.

Well fair play.

We have shared details about how the 7 trilloon number came up. We are denying it based on facts. We are following the scientific approach, instead of believing everything that the headlines tells us.

You've not shared anything fact based. Just to remind you "That $7 trillion "subsidies" is a bullshit number".

Meanwhile the IMF has a detailed report about the $7 trillion. "

It's not an IMF report. It being published in the IMF website doesn't mean IMF endorses it. It's a paper published by some researchers which is not peer reviewed.

If you open that paper and read it, you will see what they call "subsidies". They themselves admit that only 1.3 trillion is actually subsidies given to fossil fuel companies by government. The remaining part of the 7 trillion comes from their calculation of "externalities" which they believe is the environmental cost and they conveniently renamed it as "implicit subsidies" for some reason.

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By *eoBlooms OP   Man
11 weeks ago

Springfield


"How about everyone going vegetation

60% of farming carbon footprint is from breeding meat for human consumption "

Been a veggie for 30 years

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By *eoBlooms OP   Man
11 weeks ago

Springfield

Imagine not knowing the difference between subsidies and investments.🤦‍♂️

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By (user no longer on site)
11 weeks ago


"Final agreement of 300bn dollars. Good to know our taxes will be buying more villas in Qatar for the kleptocrats of the 'Global South'. Probably a few electric woke Jaguars too.

What makes you think the money will be spent of villas?

What's your view on the $7 trillion that the fossil fuels industry receives in subsidies every year? (Increasing year on year).

That $7 trillion "subsidies" is a bullshit number. If you actually read about what they count as "subsidies", you can see how misleading the number is.

This is the kind of fake news and alarmism that actually sets back the climate change movement.

Yes it's a nonsense figure that includes private investment and figures for 'environmental costs' which are largely invented by NGOs.

Ah the baldrick approach, deny everything.

Well fair play.

We have shared details about how the 7 trilloon number came up. We are denying it based on facts. We are following the scientific approach, instead of believing everything that the headlines tells us.

You've not shared anything fact based. Just to remind you "That $7 trillion "subsidies" is a bullshit number".

Meanwhile the IMF has a detailed report about the $7 trillion.

It's not an IMF report. It being published in the IMF website doesn't mean IMF endorses it. It's a paper published by some researchers which is not peer reviewed.

If you open that paper and read it, you will see what they call "subsidies". They themselves admit that only 1.3 trillion is actually subsidies given to fossil fuel companies by government. The remaining part of the 7 trillion comes from their calculation of "externalities" which they believe is the environmental cost and they conveniently renamed it as "implicit subsidies" for some reason."

It’s because it’s absolute nonsense if you stop to think about it for more than a few seconds.As are most papers that try to get credit this way

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By *ostindreamsMan
11 weeks ago

London


"Final agreement of 300bn dollars. Good to know our taxes will be buying more villas in Qatar for the kleptocrats of the 'Global South'. Probably a few electric woke Jaguars too.

What makes you think the money will be spent of villas?

What's your view on the $7 trillion that the fossil fuels industry receives in subsidies every year? (Increasing year on year).

That $7 trillion "subsidies" is a bullshit number. If you actually read about what they count as "subsidies", you can see how misleading the number is.

This is the kind of fake news and alarmism that actually sets back the climate change movement.

Yes it's a nonsense figure that includes private investment and figures for 'environmental costs' which are largely invented by NGOs.

Ah the baldrick approach, deny everything.

Well fair play.

We have shared details about how the 7 trilloon number came up. We are denying it based on facts. We are following the scientific approach, instead of believing everything that the headlines tells us.

You've not shared anything fact based. Just to remind you "That $7 trillion "subsidies" is a bullshit number".

Meanwhile the IMF has a detailed report about the $7 trillion.

It's not an IMF report. It being published in the IMF website doesn't mean IMF endorses it. It's a paper published by some researchers which is not peer reviewed.

If you open that paper and read it, you will see what they call "subsidies". They themselves admit that only 1.3 trillion is actually subsidies given to fossil fuel companies by government. The remaining part of the 7 trillion comes from their calculation of "externalities" which they believe is the environmental cost and they conveniently renamed it as "implicit subsidies" for some reason.

It’s because it’s absolute nonsense if you stop to think about it for more than a few seconds.As are most papers that try to get credit this way"

Yeah the global GDP is around 100 trillion. Even if we say that one-third of it goes into taxes, it must ring some bells if someone says 7 trillion of the 33 trillion are going as subsidies for fossil fuel companies.

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By (user no longer on site)
11 weeks ago


"Final agreement of 300bn dollars. Good to know our taxes will be buying more villas in Qatar for the kleptocrats of the 'Global South'. Probably a few electric woke Jaguars too.

What makes you think the money will be spent of villas?

What's your view on the $7 trillion that the fossil fuels industry receives in subsidies every year? (Increasing year on year).

That $7 trillion "subsidies" is a bullshit number. If you actually read about what they count as "subsidies", you can see how misleading the number is.

This is the kind of fake news and alarmism that actually sets back the climate change movement.

Yes it's a nonsense figure that includes private investment and figures for 'environmental costs' which are largely invented by NGOs.

Ah the baldrick approach, deny everything.

Well fair play.

We have shared details about how the 7 trilloon number came up. We are denying it based on facts. We are following the scientific approach, instead of believing everything that the headlines tells us.

You've not shared anything fact based. Just to remind you "That $7 trillion "subsidies" is a bullshit number".

Meanwhile the IMF has a detailed report about the $7 trillion.

It's not an IMF report. It being published in the IMF website doesn't mean IMF endorses it. It's a paper published by some researchers which is not peer reviewed.

If you open that paper and read it, you will see what they call "subsidies". They themselves admit that only 1.3 trillion is actually subsidies given to fossil fuel companies by government. The remaining part of the 7 trillion comes from their calculation of "externalities" which they believe is the environmental cost and they conveniently renamed it as "implicit subsidies" for some reason.

It’s because it’s absolute nonsense if you stop to think about it for more than a few seconds.As are most papers that try to get credit this way

Yeah the global GDP is around 100 trillion. Even if we say that one-third of it goes into taxes, it must ring some bells if someone says 7 trillion of the 33 trillion are going as subsidies for fossil fuel companies."

I remember one such paper saying the Uk owned an ex colony a ridiculous amount and found by using their logic France would owe England the value of the entirety of the solar system literally(Now it’s farther than that and ever expanding)

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By *eoBlooms OP   Man
11 weeks ago

Springfield

I would like to know the financial benefits of all the technology which Britain has given to the world, from the steam engine to the world wide web. We should them demand recompense from all those countries which have enriched themselves with these innovations. Must be a few million trillion at least.

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By *ophieslutTV/TS
11 weeks ago

Central


"It is an odd morality which says that countries should be held accountable for their Carbon emissions from times when climate change was not recognised, while those countries who are increasing their carbon emissions at a time when it is recognised should be given a free pass."

It's about the principle. Of course, those causing harm, who've gained, should be morally and legally responsible.

The how's, to whom, etc is a separate matter.

If it was a civil court case, then liability would be assessed first, before the quantum.

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By *rDiscretionXXXMan
11 weeks ago

Gilfach


"The $7 trillion that the fossil fuels industry gets every year completely dwarfs the amount that's been set aside to tackle the issue. It's a joke."

Radio 4's More or Less podcast did an episode on the $7tn figure this very week. You can listen at https://www.bbc.co.uk/programmes/p0k69pd1

For those that don't have 10 minutes to listen, the actual amount of subsidies is about $1.3tn, almost entirely from a few big countries selling oil cheap (i.e. the buyer of petrol gets the subsidy, not the oil companies). The figures are from 2022, with estimates for current subsidies being around $850bn. And the UK doesn't have any subsidies, instead taking more taxes on fossil fuels than any other type of product.

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By *verysmileMan
11 weeks ago

Canterbury

I think that Geology can be sexist.

The Earth's crust is referred to as a a mantle. It obviously relates only to the male....MANtle.

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By *eoBlooms OP   Man
11 weeks ago

Springfield


"The $7 trillion that the fossil fuels industry gets every year completely dwarfs the amount that's been set aside to tackle the issue. It's a joke.

Radio 4's More or Less podcast did an episode on the $7tn figure this very week. You can listen at https://www.bbc.co.uk/programmes/p0k69pd1

For those that don't have 10 minutes to listen, the actual amount of subsidies is about $1.3tn, almost entirely from a few big countries selling oil cheap (i.e. the buyer of petrol gets the subsidy, not the oil companies). The figures are from 2022, with estimates for current subsidies being around $850bn. And the UK doesn't have any subsidies, instead taking more taxes on fossil fuels than any other type of product."

Very interesting, thanks.

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