“Biggest Obstacle to Global Climate Deal May Be How to Pay for It”

In Uncategorized on October 20, 2009 at 8:31 pm

Um, duh. If green technology was super cheap and maximized profit instantly, it would be done.

The newest climate agreement is projected to cost $100 billion a year by 2020. The US, Russia and China are expected to pay for much of it.

I hate commenting on issues that are so complex because I feel like I should prepare myself with ten years of research, but I can’t fathom a system where countries pay for each other’s green technology rather than just addressing their own.

Though certain facets of capitalism have gotten out of control recently, I still believe an ethical free market can work with guidance from both government and NGOs. There must be a way for each country to offset costs internally as part of the business cycle.

Raising taxes to give chucks of change to other countries only complicates international interactions and promotes some sort of extremely complex and dysfunctional world government.

It’s like going to a dinner party and trying to split up the bill while simultaneously getting each person to pay for another’s meal. One massive bitchfest where everyone leaves feeling they were gypped.


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