Paris Climate Conference may be breaking up

The conference in Paris was, officially, supposed to end Friday. A final draft accord was supposed to be produced by 6 AM Friday morning, Paris time. It’s well past that time, and nobody seems to be reporting on the existence of a true final draft. Earlier drafts have appeared throughout the week, with sections still in dispute appearing in brackets.

Having surfed to top news sources like CNN and Washington Post, I saw at the moment nothing on their front pages about the topic. Elsewhere I’m finding things like this and this, both saying that the deal may be on the rocks. According to them, John Kerry, who represents the USA, is not a happy camper and has been threatening to walk out.

The issue is finance. All drafts agree that developed (i.e. rich) countries will pay a lot of money to developing (i.e. poor) countries. But there seem to be some disputes. First of all, how much money? The developed countries are offering $100 billion per years starting in 2020, growing after that. The developed countries seem to have larger figures in mind. “The Times (London) is reporting that poor country negotiators have demanded behind closed doors that rich country governments hand over $3.5 trillion in climate finance, or they will refuse to accept the Paris accord.” It’s unclear whether they’re demanding that $3.5 trillion would be over one year or a longer period, but either way, they’re demanding a ton of money.

Second question, will the handover of money be legally binding? What would that even mean, given that there’s no international organization capable of enforcing such a thing? Anyway, the developing countries seem to like legally binding. Kerry isn’t a fan.

Third, what counts as paying money? The developed countries want private investment, loans, and so forth to count as part of the money they pay. If this is done, such things would account for a significant portion of the $100 billion figure already. Developing countries want to be absolutely sure that whatever figure is agreed upon, is paid out on top of any amount of money already coming to them from developed countries.

Negotiations seem to be continuing past the deadline.

Not what I see, and as I pointed before I was not expecting much like The Bad Astronomer, but this does not look to me like a breakup:

BTW the cites you used after Wikipedia are a denier site and an skeptical one. Oh well, those deniers and skeptics will always have Paris.

No enforcement is needed. Simply, if either side reneges, the other won’t follow through on their end. And everybody loses.

You have my deepest sympathies.

World leaders of almost 200 hundred countries have agreed to the deal. And among the attendees clapping in the front to the leaders of the accord was Al Gore.

Much to the chagrin of all those denier organizations, “not from a house of lords” Christoffer Monkton, “My heath island effect was not important” Anthony Watts, “Former pusher for swift boaters” Mark (Moran) Morano and deniers from the Heartland Institute or the GWPF were not in the conference room to be a part of doing the right thing.

They were very busy in Paris being ignored by the whole world.

http://www.nytimes.com/2015/12/13/world/europe/climate-change-accord-paris.html?hp&action=click&pgtype=Homepage&clickSource=story-heading&module=a-lede-package-region&region=top-news&WT.nav=top-news&_r=0

And these people are all patting themselves on the back. This is a joke.

Not according to this:
Has history been made at COP21?

There could have been no agreement. Instead, 196 countries agreed to a set of standards guided by the IPCC to limit temperature rise to 2°C and to “strive for” a limit of 1.5°C. There are now a set of benchmarks that all the nations of the world have agreed to by which success/failure can be measured and peer pressure applied. It’s a worthy successor to Kyoto because it now includes China and India as well as the Middle Eastern oil producers. It’s not the be-all and end-all of agreements, but it looks to me like a hell of a good start.

IMHO if one takes the accord alone I would agree with you, but as Bill Gates and many others showed most business are aware of the issue and are committed to accelerate and help with the change. What I pointed many times before was the truth: The change that is needed will take the efforts of all nations and businesses.

Now, we have to deal with the weakest link, that is the Republican congress.

I can see that Ted Cruz and many others have decided to live in infamy for all time.

The Pentagon is aware as well.