Redistributing Wealth from the West to the Rest

Marita Noon

Townhall - COP 18 started this week in Doha, Qatar, where climate campaigners will, again, try to get governments to commit to a $100-billion-per-year “Climate Fund” to redistribute wealth from the West to the rest—though $100 billion is already being considered “inadequate.” The Climate Fund “is designed to transfer wealth from the developed world to the developing world to fund mitigation and adaptation to climate change.” 

COP 18 is the latest in high-level, international meetings designed to continue progress on a comprehensive agreement to address global climate change. (COP stands for Conference of the Parties to the UN Framework Convention on Climate Change.)

Considering that alarmists believe that carbon emissions from coal and oil-based energy is the primary driver of climate change—rather than natural causes, it is ironic that COP 18 is being held in Doha, in the heart of the OPEC region. Reports claim that Qatar has some of the “highest emissions per capita” and has barely been involved in climate negotiations. Some have even said: “having one of the OPEC leaders in charge of climate talks is like asking Dracula to look after a blood bank.” Read more News New Mexico

Redistributing Wealth from the West to the Rest