Bummer: Climate Cash For Shipping Push Not Going Well

Why does it always seem to be that cult is looking to take money from Other People? Along with taking their freedom and life choices

Hopes fade for climate cash from carbon price on shipping

Government negotiators at the International Maritime Organization (IMO) are likely to agree next week to put a price on at least some shipping emissions, with most of the money going to subsidise clean fuels and help ports and workers adjust to their use, sources close to the talks told Climate Home.

The negotiations in London run until April 11 – and nothing has yet been finally agreed. But governments are discussing the details of a proposal put forward by the talks’ Norwegian chair Sveinung Oftedal in an attempt to reach a compromise on the first such system for a global sector.

The proposal says that revenues raised for the new IMO Net Zero Fund should be spent within the shipping sector and its fuel supply chain.

It specifies that the money should be allocated to green fuels and the infrastructure and workers needed to transition to them, to protecting the maritime industry from climate change, and to addressing negative impacts from a carbon price on shipping emissions, such as food inflation caused by rising shipping costs.

Well, most of those “green fuels” do not exist in any sort of amount that would allow shipping to continue. Not these these cultists care.

Climate campaigners – and some countries, particularly small island and African nations – had hoped that at least some of the revenue would be spent on climate action in developing countries outside the shipping sector, on things like solar panels, drought-resistant seeds and rebuilding roads destroyed by floods.

Last week, Kenyan climate envoy Ali Mohamed wrote in a piece for Climate Home that the money raised should “transcend the maritime sector” and support “broader climate projects” including in landlocked states.

But some other developing countries do not want this money – much of which will be paid by shipowners in their nations – to replace the climate finance that rich governments are supposed to provide under the UN climate convention.

In other words, it’s a scam to redistribute money that wasn’t earned. Same old same old.

Shipowners will have to pay if they don’t reduce emissions by a certain percentage by set years.

The chair’s proposal is to use the targets agreed for global shipping in 2023 – a 20% reduction in emissions by 2030 and 70% by 2040.

If a ship does not meet these targets, it will have to buy a permit known as a “remedial unit” from the IMO’s Net Zero Fund. This is likely to be several hundreds of dollars per tonne of carbon dioxide equivalent (CO2e) emitted above the agreed level.

And guess who is going to pay for this? Anyone?

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8 Responses to “Bummer: Climate Cash For Shipping Push Not Going Well”

  1. Dana says:

    Everything we buy gets shipped by train or truck or ships, frequently all three, so the global warming climate crisis activists are attempting to do what has appalled the left when President Trump has imposed tariffs.

    Climate “tariffs” good; political tariffs bad, according to the left.

    • Elwood P Dowd says:

      Climate “tariffs” have a legitimate objective*, Trump “tariffs” do not**.

      _______________________________
      * To reduce carbon dioxide and other greenhouse gas emissions.

      ** Trumb has claimed his tariffs will 1) restore US manufacturing 2) force trading partners to negotiate better deals 3) restore trade balance 4) force foreigners to pay America several trillion dollars!

      • Jeffery Keene of St. Louis says:

        Funny how you constantly complain how about how the top 1% is in the top 10% that and everybody’s rich blah blah blah when trump tries to do something about it you cry complaint I’m saying that it won’t work. I find it interesting how after three days you’ve decided that trump’s tariffs do not work. Not only do you have a closed mind but you have a limited proclivity for intellectual foresight.

        So far everything trump said he was going to do he’s done. Why don’t you sit back and see what happens for awhile give it six months. Or is stopping it from working to begin with equal in your mind to it not working? And you clowns gotta explain to me why you’re complaining about Elon Musk. It used to be your great savior now you’re trying to burn down his business. You people are absolute Barbarians I saw left this today beat the shit out of a woman on the street because she was asking questions from a pro abortionist. You fake progressives always beating people stealing things setting fire setting bombs and you always call us the maniacs you really need to look in the mirror.

        • Porter Good of Raleigh says:

          LOL, bottom-boy drowningpuppies believes Trump is trying to help the working class by triggering a market crash, a recession AND inflation! What a loyal cult member he is!!

          It’s not only I that think Trump’s stupid tariffs, it’s almost everyone!!

          America and the world does not have six months! We’ll be a Russian satellite by then!!

          Why does criticism of Trump bother you so much? It’s because it rings true, isn’t it. You’re frightened aren’t you.

          Complaining about Elon Musk? He has no business fooking around with our government! He’s a liar.

          You’re a coward. A pussy. Hiding behind a fake name. Man up, pussy. You’re a chicken just like your mentor. LOL.

          • drowningpuppies says:

            Oh Rimjob, that hurts!
            It really really hurts!

            Bwaha! Lolgfy Loser!
            Elon Rules!
            MAGA47 – The Man!

  2. Porter W Good of Raleigh says:

    Mr Trump is our President, he has the House and Senate behind him, support of a majority of state legislatures and the Supreme Court. He has staffed government offices and departments with loyalists.

    He can do whatever he wants to America and is. He’ll build the America he and the Heritage Foundation wants!!

    He can absorb a bit of criticism, don’t you believe? Or is he more like Putin who murders critics?

  3. Jl says:

    1996-Nancy Pelosi encourages all of congress to back reciprocal tariffs.
    2008-Bernie Sanders wants tariffs, says jobs are going overseas seas.
    2018-Barack Obama calls for reciprocal tariffs.
    1998-Donald Trump says foreign countries must pay tariffs.
    Hmm-only one is consistent…

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