COP16 EU Offers Loans Not Grants

Bad news for the third world dictators with their hands out for our money, the EUSSR is only offering to loan our money to Hugo Chavez not give it away like Gordon Brown, Ed Miliband and Barack Obama were so desperate to do last year at Copenhagen.

Now of course the dictators developing nations and eco mentalist campaigners are pissed off

Artur Runge-Metzger, the EU’s chief climate negotiator, made the case for loans rather than grants at the lunch of an EU climate finance progress report at the UN climate summit in Cancún. “It’s a win-win situation,” he said.

Nicely hyped up there; the real truth is European economies are fragile and following Climategate bursting the Climate Religion bubble last year, the majority of Europeans wont tolerate gifts to dictators.

But developing countries and aid agencies countered that loans were not acceptable on principle. “Climate money for developing countries must come from grants, not loans – [loans] will simply shackle developing countries with more debt,” said Asad Rehman, Friends of the Earth’s International climate campaigner.

Friends of the Earth they have their nose so far up Al Gore’s butt they have to be related to Pinocchio, and have been complicit in the AGW lie since day one.

This has left developing countries angry and confused and led to deep distrust between rich and poor countries, said Tim Gore, Oxfam’s senior climate change policy adviser. In bitter exchanges, China has accused the US of double-counting its climate money, Britain has been charged with counting money put aside for other climate funds, and France has counted money that accumulates from green investments.

Lets the discuss the fleet of BMW 7 Series and S Class Mercedes that are provided for the directors of Oxfam, who if you remember, are funded directly by donations from the public to help people in the developing world. Still hypocrisy and AGW have long been best friends.

Developing countries believe that rich countries are deliberately confusing the situation to avoid their commitments.

Wise up developing countries any commitments made to you, were based upon junk science, lies and a hidden agenda for wealth redistribution. The commitments were a lie just like the non existent threat from CO2.