UN climate negotiations should aim for substantially more funding
Or, they could just drop the whole thing.
Scientists led by a former co-chair of the Intergovernmental Panel on Climate Change will warn today that the UN negotiations aimed at tackling climate change are based on substantial underestimates of what it will cost to adapt to its impacts.
In other words, lies.
The real costs of adaptation are likely to be
The report adds that costs will be even more when the full range of climate impacts on human activities is considered.
They mean as soon as they can make up some more lies to scare the proles.
Parry and colleagues warn that this underestimate of the cost of adaptation threatens to weaken the outcome of UNFCCC negotiations, which are due to culminate in Copenhagen in December with a global deal aimed at tackling climate change.
"The amount of money on the table at Copenhagen is one of the key factors that will determine whether we achieve a climate change agreement," says Professor Parry, visiting research fellow at the Grantham Institute for Climate Change at Imperial College London. "But previous estimates of adaptation costs have substantially misjudged the scale of funds needed."
"They didn't include enough money to protect our phoney-baloney jobs."
The UNFCCC has estimated annual global costs of adapting to climate change to be US$40-170 billion, or the cost of about three Olympic Games per year.
But the report's authors warn that these estimates were produced too quickly and did not include key sectors such as energy, manufacturing, retailing, mining, tourism and ecosystems.
In other words, they left out all kinds of places they can extort more money from....
Other sectors that the UNFCCC did include were only partially covered. "Just looking in depth at the sectors the UNFCCC did study, we estimate adaptation costs to be 2-3 higher, and when you include the sectors the UNFCCC left out the true cost is probably much greater," warns Parry, who co-chaired the IPCC working group on impacts, vulnerability and adaptation between 2002 and 2008.