Thursday 24 November 2022

Global Warming

How China Avoids Paying for Climate Damage

In 1992, the United Nations classified China as a developing country, as hundreds of millions of its citizens lived in poverty.

A lot has changed since then: China is now the world’s second-largest economy and the biggest annual emitter of planet-warming greenhouse gases. Average Chinese today are 34 times richer and nearly four times more polluting. But the classification has stayed the same for the past three decades, frustrating diplomats from developed nations who say it has allowed Beijing to avoid paying its fair share to help poor countries cope with the ravages of climate change.

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