Climate Extortion Rolls On

As readers of NBfPB know, the global warming, sorry climate change, sorry, climate chaos movement is to a large degree about poor countries extorting lots of money from rich countries.  It was hoped this extortion could be codified into a global treaty that would give the global wealth redistribution a legal guise.

That movement is dead in the water and yet poor nations are not giving up their desire for rent-seeking filthy lucre out of a soft touch rich West.  And the typhoon in the Philippines, tragic as it was, is being used as an excuse to rev up the extortion engine again.

The typhoon that killed thousands of people in the Philippines has energized debate about whether rich nations should compensate poor ones for climate-related losses, a proposal the U.S. and European Union are resisting. 

Yeah, we're resisting.  We send billions in aid, much of which is lost to corruption and waste.  Rich countries are OK with this an understand that this money is largely wasted, but they aren't going to formalize the transfer unless they get what they want too, which is international legitimacy to gain more control of their economies back at home.  As it is, developing countries believe that western global warmist policies would force them to curtail their development, which they ain't gonna do.  As such, why would the developed powers like the US hand over billions if these pesky developing countries aren't gonna be lock, stock and barrel committed to global warmism?  If you are the US under Obama, you want developing countries to sign up to be the climate equivalents of welfare queens.  You can't be skeptics and have the money too.  And so we go back and forth.

Expect more of this every time there is really bad weather.