By Jo Nova

…

Just to be clear, yet again, the 29th United Nations Conference of Parties was a smashing success, 70,000 people got a free trip to Azerbaijan, millions of dollars were siphoned from taxpayers, nobody was asked any hard questions, and everyone gets to schmooze it all again next year.

In a big win, nothing at all was achieved in solving “The CrisisTM” which means The Gravy Train rides again.

Last year the UN was excited because of the “historic” move to use the phrase “transition away from fossil fuels” for the absolute, first time ever in a global document. It marked the “beginning of the end of fossil fuels” according to the UN. But one year later, and the phrase was quietly dropped. Nevermind. This time, Saudi Arabia and the petrostate allies were able to nix that promise — possibly because the world still needs their oil. Where were the honest headlines: “UN backslides from key historic transition away from fossil fuels?”

The new $300 billion “goal” replaces the last $100 billion target, which achieved almost nothing, and wasn’t reached, except with accounting games, like relabeling foreign aid and rebadging loans. Seven years after the […]