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What are climate reparations, and which countries should pay?

At COP27, world leaders will officially debate "loss and damage" for the first time ....

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Climate Policies Not Based on Market Principles Will Fail

Financial flows and trading markets were high on the agenda at COP27, the United Nations ‘ latest climate conference. Unfortunately, economic rationality was not, as the attendees embraced heavy-handed government interference with the world economy. The net result was a major setback to vital U.S. ....

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Creating Loss and Damage Fund at COP27 Was a Step Forward but Must be Accompanied by Investments in Climate Adaptation and Mitigation

Anything less than this would have jeopardized trust in the climate negotiations and would have left countries like mine, Pakistan, continuing to pay the highest price. ....

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Social cost of carbon is more than triple the federal estimate

Rising sea levels contributed to the destruction of a walkway at Capistrano Beach in Dana Point, Calif. ....

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The US is undercounting the cost of climate change damages — Quartz

A new estimate of the social cost of carbon is three times higher than current estimates. ....

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