Loss and Damage: The Third Era of Climate Change?
Ronald Bailey at Reason writes that the annual U.N. climate change meetings are always all about money. This year’s 19th Conference of the Parties (COP-19) of the U.N. Framework Convention on Climate Change (UNFCCC) in Warsaw is no exception. The latest ploy by poor countries to guilt money out of rich governments is to claim that it's far too late to mitigate or adapt to climate change, it’s now time to pay for the effects of climate change.