Ronald Bailey on the Third Era of Climate Change: Loss and Damage

The annual U.N. climate change
meetings are always all about money. The 19^th 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 country governments is to
claim that it’s far too late to mitigate or adapt to climate
change, it’s now compensation time for loss and damage already
occurring from climate change. Reason Science
Correspondent Ronald Bailey looks into the claims and how much
money may be involved.

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