If you can’t sell it change the name ,LOL
Betts should have added his financial bosses are getting impatient:
13 Dec: Bloomberg: From Mars to Ikea, Concerns Emerge About Vague Climate Rules
By Jeremy Hodges
Yet delegates and observers to the discussions say what’s emerging from the meeting in Katowice is likely to fall short on specifics such as when more of the $100 billion a year in promised climate aide will flow and how a global carbon market might be revived. With U.S. President Donald Trump and the government in China pushing priorities other than the environment, companies along with pressure groups are voicing unease about the direction of the UN talks and the deal they are due to produce this weekend...
“Weak rules create uncertainty,” said Jake Schmidt, who watches the talks for the Natural Resources Defense Council, a U.S. advocacy group...
There’s a number of sticking points:
*On carbon markets, envoys deliberated how a specific project can qualify as one that has cut emissions, how to avoid double-counting those cuts and what baseline is acceptable to use as a comparison.
*Debate over a Sustainable Development Mechanism was holding up the promise of expanding a global cap-and-trade market covering carbon emissions.
*Developing nations are seeking more certainty on when richer nations will meet their pledge to channel $100 billion a year in climate-related aid. An official report showed those funds are at least $30 billion short at the moment(???)...
https://www.bloomberg.com/news/articles/2018-12-13/climate-rulebook-in-katowice-seen-too-weak-by-mars-ikea-bt