The recently concluded climate meetings in Colombia and the oil city of Baku once again confirmed the true nature of the UN’s annual climate summits:
These climate meetings are political free-for-alls over funding and the allocation of the promised $300 billion to poorer countries. The goal is to incentivize these nations to abandon cheap, abundant, and reliable energy sources (coal, oil, and gas from the ground) in favor of expensive, unreliable, and resource-scarce energy (such as “renewable” wind, solar, and bioenergy) under the pretext of combating climate change.
Media reports from these meetings often focus on how poorer countries want to pressure richer nations for more money. The total amount now discussed is no longer $100 billion but $300 billion annually.
These funds come from the taxes of ordinary households. The world’s wealthier nations, home to about 1 billion of the planet’s 8.2 billion people, are expected to shoulder this burden. At an exchange rate of roughly SEK 11 per dollar, $300 billion equals SEK 3,400 (€295) per person annually.
For an average household, that amounts to SEK 7,000 (€610) per year – and this figure is expected to rise. Are households in wealthy nations aware of this? Many of them already struggle financially or live in poverty.
On top of this, higher energy and living costs will follow. This could undermine continued economic growth in currently prosperous democracies and lead to disputes over funding and allocation within these nations. For this reason, the entire climate issue is more about politics than science.
This is especially true considering that Earth’s climate is determined by the lower atmosphere and is primarily influenced by how much solar energy reaches the planet’s surface, particularly its oceans.
Tege Tornvall
