Climate Reparations—A New Demand
Guest opinion by Peter Wood
At the Copenhagen Climate Change Conference in December 2009, leaders from more than a hundred nations gathered to consider an agenda that included a massive transfer of money from developed countries to the Third World. The developed states were tagged to provide $130 billion by 2020 to help developing nations deal with the consequences of global warming. The proposed transfer was widely discussed as “reparations” for the damage caused by use of fossil fuels in the developed world.
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