COP27: Call for big oil companies to be taxed to fund climate loss and damage

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The financial cost of climate change has become one of the most contentious issues at COP27 - but can delegates find a way to address it? alextomo reports from Sharm el-Sheikh.

If Republicans gain control of the House of Representatives in the US midterms, they will hold the financial reins and that is expected to have an impact on President Biden’s climate crisis agenda.

No wonder the results are being watched very closely at the COP27 conference in Egypt, where the issue of who is financially responsible for tackling climate change is firmly centre stage.

 

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alextomo My house sits where there were glaciers gazillions of years ago. Mother Nature does as she pleases.

alextomo The oil companies should invest in Green energy and cloning environment

alextomo Perhaps help all countries to convert to solar and wind energy if its right for that country. Sending money ends up into someone's bank account.

alextomo What a fucking stupid proposition when wealth is based on fossil fuel use

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