Tag Archives: climate debt

Brian Merchant: The US Owes the World $4 Trillion for Trashing the Climate

​The UN Green Fund, designed, essentially to help balance climate debt, is currently capitalized at $10 billion in pledges from rich countries. That’s barely a drop in the bucket, as Matthews points out: in 2013 alone, rich countries emitted 13 billion tons—or $520 billion worth—of carbon debt. BY BRIAN MERCHANT  Motherboard  September 9, 2015 Aerial View […]

▶ Democracy Now! Capitalism vs. the Climate: Naomi Klein on Need for New Economic Model to Address Ecological Crisis

Klein writes. “We are stuck because the actions that would give us the best chance of averting catastrophe — and would benefit the vast majority — are extremely threatening to an elite minority that has a stranglehold over our economy, our political process, and most of our major media outlets.” Published on Sep 18, 2014 […]