Pirate's Cove

Well, it’s nice that the Elites are fine with this, as they can afford to pay lots of extra money to do things that do not include fossil fuels…they just don’t themselves. For the peasants, well, suck it, you’re rulers know better

US Backs Tough Fossil Fuel Phase Down Pledge at Climate Summit

The US will back a proposal to phase down all fossil fuels at the UN climate conference as long as it focuses on projects with unchecked emissions, climate envoy John Kerry said Wednesday.

That gives another boost to a call by India for countries at the conference to commit to phasing down all fossil fuels — going beyond last year’s pledge that focused solely on coal. On Tuesday, the European Union also said it would join the UK and small island nations in backing India’s proposal, adding pressure to the Egyptian COP27 presidency to include the wording in a drafted agreement that could be unveiled late Wednesday.

“It has to be unabated oil and gas,” Kerry, the US special presidential envoy for climate, said in an interview at the summit in Sharm El-Sheikh. “Phase down, unabated, over time. The time is a question, but ‘phase down’ is the language we supported.”

The US position would mean tacit support for abated oil, gas and coal projects — generally those that use carbon capture and other technology to control greenhouse gas emissions. That’s an important distinction for some fossil fuel advocates in the US, where President Joe Biden’s pre-election comment that coal plants across America will be shut down and replaced by wind and solar power, prompted a backlash.

So, projects that use measures that add a lot of cost or just do not exist.

Even with that caveat, there is tension over the proposal, as some of the world’s largest oil producers are reluctant to embrace any commitment to a phase down of crude and natural gas. Saudi Arabia’s energy minister, Prince Abdulaziz bin Salman, said in an interview last week that the kingdom would be very unlikely to support an agreement that included the phase down of oil.

Frans Timmermans, executive vice president of the European Commission, stressed that the effort shouldn’t be used as a tactic to back off last year’s commitment to move away from coal.

Doesn’t look like this proposal is going well, but, it gives a good look into the minds of the climate cult elites, who, as the saying goes, want their cake and eat it too. Perhaps he should be asking the American public, see how they feel about this plan that will jack up their cost of energy and make it hard for them to travel. I’m sure Kerry can afford it for his private jet.