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Author Topic: Fossil-Fuel Subsidies of Rich Nations Five Times Climate Aid Back to Topics
iFueler

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Durham

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Message Posted: Dec 4, 2012 7:06:08 PM

Rich countries spend five times more on fossil-fuel subsidies than on aid to help developing nations cut their emissions and protect against the effects of climate change, the Oil Change International campaign group said.

In 2011, 22 industrialized nations paid $58.7 billion in subsidies to the oil, coal and gas industries and to consumers of the fuels, compared with climate-aid flows of $11.2 billion, according to calculations by the Washington-based group.

The data underline the steps developed nations may be able to take to cut their emissions as ministers from 190 nations meet in Doha to discuss measures to curb global warming. Eliminating the subsidies would reduce incentives to pollute and help rich nations meet their pledge to provide $100 billion a year in climate aid by 2020, sa
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remay
Champion Author Houston

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Message Posted: Dec 6, 2012 6:51:02 AM

Must be a slow day at Bloooombergggg.
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DrCashFlow
Champion Author Massachusetts

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Message Posted: Dec 6, 2012 2:02:54 AM

no surprise there
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MAC48
Champion Author Dallas

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Message Posted: Dec 6, 2012 12:52:47 AM

My part of the industrialized world has not promised to give developing countries one thin dime to cope with global warming nor will my part of the industrialized world ever promise such assistance if there is anything we can do to prevent such a foolish move. This UN effort is just more socialist BS straight from the writings of Karl Marx based on the "from each according to his ability & to each according to his need" philosophy. Communism was based on this philosophy of Marx and we all saw how wonderful an economic & political system that was.

The key here is that it is not a hoax that there is or has been global warming cycles or that there is or has been global cooling cycles. The hoax is that mans activities are responsible for our current warming cycle. Global warming or global cooling cycles are a function of nature & there in no way any effort by man will affect the progress of this cycle in any form or fashion.

Giving funding to the UN to stop a natural cycle that is not within mans power to influence is the height of foolishness. With the US debt total being in excess of $17 Trillion, it irritates greatly that another $3.2 Billion has been thrown away in the name of combating global warming by the US Congress.
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carranco
Champion Author Georgia

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Message Posted: Dec 5, 2012 10:31:15 PM

$11.2 billion wasted on climate aid.
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CVA19
Champion Author Salem

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Message Posted: Dec 5, 2012 12:35:13 PM

Not to worry. As these countries (including the US) sink deeper into economic malaise due to their increasingly socialist policies, there will be less and less money available for fossil fuel subsidies. Likewise, there will be less money available for foreign aid.

"The problem with socialism is that you eventually run out of other peoples' money." - Margaret Thatcher



[Edited by: GT3186 at 12/5/2012 12:37:50 PM EST]
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doctorindyj
Champion Author Santa Fe

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Message Posted: Dec 5, 2012 11:05:32 AM

So basically force stuff down their throats they don't need or want? But it's for their own good so that's okay.
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FPLREP
Champion Author Virginia

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Message Posted: Dec 5, 2012 7:34:02 AM

Sounds like a back-door "Cap & Trade" to me. You rich countries(who are they?) need to give money to these poor countries so they will not pollute as much. BS.
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roadrunnin
Champion Author Richmond

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Message Posted: Dec 4, 2012 11:21:56 PM

Change is hard especially when there is so much money to be made with the current system.
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LetemEatCake
Champion Author Oklahoma City

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Message Posted: Dec 4, 2012 11:00:24 PM


ONG...I agree again MidNJ, very nicely said!
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joseph000
Champion Author Houston

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Message Posted: Dec 4, 2012 10:59:25 PM

The whole purpose in alternative energy aid is to help new industries we desperately need to move away from the fossil fuel problems of massive pollution and depletion issues.

Of course, these people are afraid of losing their advantage, and lobby the government to keep their profits flowing, even if it damns the whole human race to extinction...
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carranco
Champion Author Georgia

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Message Posted: Dec 4, 2012 10:27:01 PM

No more climate aid. We can't affect the climate.
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agrico
Champion Author New Orleans

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Message Posted: Dec 4, 2012 9:03:04 PM

big numbers - lots of players - hard to get any consensus
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drpepperTX
Champion Author Texas

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Message Posted: Dec 4, 2012 9:01:57 PM

Upset about only $11.2 billion in redistribution of wealth? Oh my!
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MidNJ
Champion Author New Jersey

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Message Posted: Dec 4, 2012 8:58:53 PM

Fossil fuels are energy created by the sun and stored for millions of years deep in the earth.

For us NOT to invest in renewable energy that the sun creates every day and ONLY keep saying the mantra, "Drill baby Drill" is short term thinking.

Perhaps short term thinking works in the short term, but it does not in the long term!
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dh0770
Champion Author Colorado

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Message Posted: Dec 4, 2012 8:50:33 PM

So....we've got enough welfare addicts here at home, don't need more abroad!
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JasioN
Champion Author Boston

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Message Posted: Dec 4, 2012 8:23:45 PM

short term gains always win
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Jeff4U
Champion Author Atlanta

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Message Posted: Dec 4, 2012 7:43:02 PM

Crude and fuel is the bloodline of any country. Subsidies help towards the billions in investments required of constant research and development. Governments get paid back handsomely in huge tax revenues.

Climate and its slight variances is normal. Subsidies are not needed, although they are lobbied to help fuel the profits of enviro-terrorists.
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skinsfan125
Champion Author Virginia

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Message Posted: Dec 4, 2012 7:33:38 PM

is it just me or is u.s.a the only ones worried about this?
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E-Squirrel
Champion Author Orange County

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Message Posted: Dec 4, 2012 7:29:34 PM

Well, of course this group would say something like that; the group's purpose is distinctly one-sided and anti-petroleum.

These promoters always talk about subsidies for conventional fuels, and the uneducated don't know the difference.

When confronted, the exact laws that create these "subsidies" can never be identified.
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sillywagon
Champion Author New York

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Message Posted: Dec 4, 2012 7:23:30 PM

This article is a good example... a reminder that "climate change" is not about the Environment, but is about fleecing the taxpayer. "Climate change" is about economic losers mooching off productive people.

Climate change... it's about the money!!!
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csblesson
Champion Author Texas

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Message Posted: Dec 4, 2012 7:23:10 PM

Yes, they will fight against poor people in India who use coal to keep himself alive from cold
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Eugenian
Champion Author Oregon

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Message Posted: Dec 4, 2012 7:15:11 PM

twisted priorities
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humblepie
Champion Author Toledo

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Message Posted: Dec 4, 2012 7:14:03 PM

if they had oil they would shun the eco nutz too
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molebaby96
Champion Author Tallahassee

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Message Posted: Dec 4, 2012 7:13:22 PM


Global warming is like the sky is falling. A quote from CHICKEN LITTLE
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