whatyareckon

By Dr. Jay Lehr and Robert Lyman~

As thousands of well paid bureaucrats begin to convene in Glasgow, Scotland for their 26th meeting to discuss how to take money out of the richer countries and place it in the coffers of the less developed countries as penance for having an advanced society based on fuels which emit carbon dioxide, it is hard for this writer to take any of it seriously. My dear friend and colleague Robert Lyman took an accountant’s calculator to the numbers tossed around.

In July 2021, a “pre-conference” was held to discuss financial issues in anticipation of the major climate conference (“COP26) to be held in Glasgow in November. Barbara Creecy of South Africa, speaking on behalf of the developing countries, stated that the developed countries (i.e. those included on Annex II of the list of UN Climate Convention parties) must increase their annual financial…