News Formal

The Climate Finance Plan Leaders Won’t Consider at COP29? Tax the Rich

  • 📰 commondreams
  • ⏱ Reading Time:
  • 21 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 36%
  • Publisher: 51%

Billionaires Новости

Carbon Credits,Climate Emergency,Climate Finance

Sam Pizzigati, veteran labor journalist and Institute for Policy Studies associate fellow, edits Inequality.org. His recent books include: The Case for a Maximum Wage (2018) and The Rich Don't Always Win: The Forgotten Triumph over Plutocracy that Created the American Middle Class, 1900-1970 (2012).

The world desperately needs to pull the plug on fossil fuels. So agree most of the official delegates from nearly 200 nations who have gathered this month by the Caspian Sea for the 29th annual global “Conference of the Parties” on climate change—COP29 for short—in Azerbaijan’s capital city Baku.But not all the estimated 70,000 attendees at this year’s COP are practicing what they should be preaching. Private jet arrivals at Baku’s international airport, news reports note, have just doubled.

The “onus” for financing moves to counter the climate crisis, COP29 President Mukhtar Babayev from Azerbaijan is arguing, “cannot fall entirely on government purses.”Our globe’s richest nations would also like to expand the trading of “carbon credits,” transactions that let wealthy developed nations delay making costly emissions cuts at home by underwriting much less costly climate actions in poor nations.

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 530. in RU
 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Rich nations' fight over climate finance 'humiliating': Bangladesh's YunusThe comments illustrate the frustration of developing countries seeking substantially more money from rich nations to help them adapt to climate shocks and transition to cleaner energy.
Источник: trtworld - 🏆 101. / 63 Прочитайте больше »

SingularityDAO, SelfKey and Cogito Finance Token-Holders Approve Merger to Form Singularity FinanceCrypto Blog
Источник: Crypto_Potato - 🏆 568. / 51 Прочитайте больше »

COP29 Begins With Climate Finance, Absent Leaders, and Trump Looming LargeThe annual UN climate summit has kicked off in Baku, Azerbaijan, with lofty goals, but many global leaders missing.
Источник: WIRED - 🏆 555. / 51 Прочитайте больше »

Biden's Global Climate Finance Pledge Likened to 'Throwing Droplets at a Fire'Jake Johnson is a senior editor and staff writer for Common Dreams.
Источник: commondreams - 🏆 530. / 51 Прочитайте больше »

Explainer-Why are countries fighting over climate finance at COP29?Explainer-Why are countries fighting over climate finance at COP29?
Источник: Investingcom - 🏆 450. / 53 Прочитайте больше »

Panelists Take On Climate Finance and Politics at Newsweek's COP29 EventAt Newsweek's 'Pillars of the Green Transition' event at COP29, panelists talked climate finance and the coming shift in U.S. policy in a second Trump term.
Источник: Newsweek - 🏆 468. / 52 Прочитайте больше »