Delegates at UN Junk Science Conference Agree to $100 Billion Deal


Members of the Sierra Club symbolically bury their heads in the sand to demonstrate against countries they say are avoiding the climate change issue, on a beach in Cancun. (AFP)

Delegates at the UN conference in Cancun agreed to a $100 billion billion fund to redistribute wealth from rich nations to help developing nations deal with global warming.
CNN reported:

Delegates at the United Nations climate change conference in Cancun, Mexico, approved an agreement early Saturday morning despite objections from Bolivia, whose government claimed rich nations “bullied and cajoled” other countries into accepting a deal on their terms.

Protesting the overrule of its country’s vote, Bolivia’s Foreign Ministry called the Cancun text “hollow” and ineffective in a written statement.

“Its cost will be measured in human lives. History will judge harshly,” the statement said, adding that developing nations will face the worst consequences of climate change.

The agreement includes plans to create a $100 billion fund to help developing nations deal with global warming and increase efforts to reduce emissions from deforestation.

Mexican President Felipe Calderon hailed the deal — the culmination of an overnight marathon session at the end of two weeks of talks.

“It begins a new era of cooperation in climate change. They are the first steps in this long and renewed campaign,” he said.

Christiana Figueres, the UN’s chief negotiator at the conference, said the results had “reignited” hope in climate change talks.

“Nations have shown they can work together under a common roof, to reach consensus on a common cause. They have shown that consensus in a transparent and inclusive process can create opportunity for all,” she said in a statement.

More than 1000 dissenting scientists (updates previous 700 scientist report) from around the globe have now challenged man-made global warming claims made by the United Nations Intergovernmental Panel on Climate Change (IPCC) and former Vice President Al Gore.

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