In the 1996 award-winning film Jerry McGuire, pro football player Rod Tidwell had a single demand of his agent: “Show me the money!”
“SHOW US THE MONEY” is precisely what thousands of bureaucrats from developing countries will demand of us at the 26th Conference of the Parties (COP26) to the United Nations Framework Convention on Climate Change (UNFCCC) to be held in Glasgow, Scotland from October 31 – November 12. If developed countries want to have any chance of achieving from this conference a global commitment to sharply reduce greenhouse gas (GHG) emissions before 2050, then we will have to accommodate the non-OECD nations’ demands for huge wads of cash.