Friday, June 2, 2017

What's Really Inside the Paris Climate Accord and Why the Crony Establishment is in Favor of It

Why are such crony establishment types, such as Goldman Sachs CEO Lloyd Blankfein, former Goldman Sachs president Gary Cohn and the CEOs of General Election and Bank of America, in favor of the Paris Accord?

Could it be about the money? This is an open wallet big money deal.

Here is what is in the "gender-responsive,"  "climate" Accord:


Article 9: Section 1
Developed country Parties shall provide financial resources to assist
developing country Parties with respect to both mitigation and adaptation in
continuation of their existing obligations under the Convention. 
Article 9: Section 3
As part of a global effort, developed country Parties should continue to take the lead in mobilizing climate finance from a wide variety of sources, instruments and channels, noting the significant role of public funds, through a variety of actions, including supporting country-driven strategies, and taking into account the needs and priorities of developing country Parties. Such mobilization of climate finance should represent a progression beyond previous efforts.

Article 9; Section 4
The provision of scaled-up financial resources should aim to achieve a
balance between adaptation and mitigation, taking into account country-driven
strategies, and the priorities and needs of developing country Parties, especially
those that are particularly vulnerable to the adverse effects of climate change and
have significant capacity constraints, such as the least developed countries and
small island developing States, considering the need for public and grant-based
resources for adaptation. 
Article 9: Section 9
The institutions serving this Agreement, including the operating entities of
the Financial Mechanism of the Convention, shall aim to ensure efficient access to
financial resources through simplified approval procedures and enhanced readiness
support for developing country Parties, in particular for the least developed
countries and small island developing States, in the context of their national
climate strategies and plans.
Article 10; Section 5
 Accelerating, encouraging and enabling innovation is critical for an
effective, long-term global response to climate change and promoting economic
growth and sustainable development. Such effort shall be, as appropriate,
supported, including by the Technology Mechanism and, through financial means,
by the Financial Mechanism of the Convention, for collaborative approaches to
research and development, and facilitating access to technology, in particular for
early stages of the technology cycle, to developing country Parties.
Article 10; Section 6
Support, including financial support, shall be provided to developing country
Parties for the implementation of this Article, including for strengthening
cooperative action on technology development and transfer at different stages of
the technology cycle, with a view to achieving a balance between support for
mitigation and adaptation. The global stocktake referred to in Article 14 shall take
into account available information on efforts related to support on technology
development and transfer for developing country Parties.  
But it is not all about money, there is this;

Article 7; Section 5
Parties acknowledge that adaptation action should follow a country-driven,
gender-responsive, participatory and fully transparent approach, taking into
consideration vulnerable groups, communities and ecosystems, and should be
based on and guided by the best available science and, as appropriate, traditional
knowledge...
  -RW 

UPDATE

Another indication the  Accord is just a huge crony money deal:

3 comments:

  1. I can't wait to work the second half of my life subsidizing the rest of the planet.

    ReplyDelete
  2. One has to wonder how much longer the people of our Nation will tolerate the blatant propaganda from our MSM. . . Up is down, right is left, black is white, objecting to racism is racist, transexuals are normal, homosexuals are just like normal parents. It's starting to add up folks. . .

    ReplyDelete
  3. Andrew Cuomo is an idiot. New York is/was free to invest in green energy with or without the Paris Accord. The private sector is welcome to invest in green energy. Just don't hand them government handouts like Odiot did with Solyndra.

    ReplyDelete