Hyperbole Abounds: “COP27 Frames Climate Change as ‘Battle for Survival”
From the article:
World leaders and diplomats framed the fight against global warming as a battle for human survival during opening speeches at the COP27 climate summit in Egypt on Monday, with the head of the United Nations declaring a lack of progress so far had the world speeding down a “highway to hell”.
“Humanity has a choice: cooperate or perish,” U.N. Secretary General Antonio Guterres told delegates, urging them to accelerate the transition from fossil fuels and speed funding to poorer countries struggling under climate impacts that have already occurred.
The head of the International Monetary Fund told Reuters on the sidelines of the conference that climate targets depend on achieving a global carbon price of at least $75 a ton by the end of the decade, and that the pace of change in the real economy was still “way too slow.”
NOTE: A $75/ton carbon tax would mean an average tax of about $375/mo for a US family of 4 but do little or nothing to cool the planet.