The most industrialised countries should pay the bills for everybody else’s bad weather, forever? Not going to happen of course.

By David Wojick, Ph.D. ~

The UN’s annual climate change global negotiating festival — in this case COP27 in Egypt — is less than a month away. This one could be a real hoot to watch because there is only one big issue left on the table and that is MONEY.

Lots of money, many trillions by the wishes, all flowing from the developed world to the “developing” world. (Since the so-called developing world still includes the super economy of China the word has lost all meaning.)

The money hopes are spectacular but also hopeless, hence the show. How this immense absurdity will emerge during the lucky 13 days of negotiations between the rich countries and the we-want-your-riches countries should be fun to watch.

Here is a simple scorecard so you can follow the action. First and foremost the code word is “finance”. This is not foreign aid and you…