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IHT: Climate Aid Scarce For Poorer Nations

Here’s a good news piece to enjoy with your breakfast, courtesy of the International Herald Tribune - the world’s wealthiest countries, which are contributing by far the most to the global warming problem, have already started to spend billions to limit their own risks from its worst consequences (drought, rising seas and the like).

But despite the fact that there are longstanding agreements and treaties in place in order to help poorer countries deal with such issues, the industrial powers are spending just tens of millions of dollars on ways to limit climate and coastal hazards in the world’s most vulnerable regions. Yay.

Two-thirds of the atmospheric buildup of carbon dioxide, a heat-trapping greenhouse gas that can persist in the air for centuries, has come in nearly equal proportions from the United States and Western European countries. Those and other wealthy nations are investing in windmill-powered plants that turn seawater to drinking water, in flood barriers and floatable homes, and in grains and soybeans genetically altered to flourish even in a drought.


 
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