The UN Climate Deal: Get Ready for “Climate Reparations”
SHARM EL SHEIKH, EGYPT — What is left of the American and Western middle classes have been set up for a shakedown of unimaginable proportions. With help from the Biden administration and Special Presidential Envoy for Climate John Kerry, governments and dictators of the world gathered at the United Nations COP27 agreed that Americans and Europeans must pay climate “reparations.” But wealth redistribution is just one element of the fleecing being engineered that will cost every family in the West thousands of dollars or more each year to restructure the world.
Taxpayers and citizens of developed” nations must hand over trillions of dollars annually in the name of “climate justice,” governments agreed. In practice, as countless analysts have pointed out, this will loot the poor and middle classes in wealthier nations in order to subsidize the wealthy kleptocratic elites of poorer nations and the crony capitalists waiting in the wings. At the same time, a total restructuring toward technocracy will be required of the global economy and of its energy systems, according to the UN deal and the world leaders responsible for it.
Details of the global fleecing for climate reparations and for remaking the world’s economic and energy systems are set to be worked out over the coming year. But world leaders have conceded that Western peoples and the CO2 emitted amid their economic development produced “climate change.” As such, they must pay for the “loss and damage” that climate change is producing, a revolutionary principle that has now been enshrined in an international agreement for the first time and may subject Americans to potentially limitless liability for damages caused by every weather event going forward.
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