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US refuses climate reparations for developing nations
(www.bbc.com)
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Of all the countries burning fossil fuels, why does the US get singled out for reparations other than it's a popular punching bag and the "face" of western capitalism? It's not like the US is sitting on stacks of cash. Quite the opposite...
https://www.unep.org/explore-topics/climate-action/what-we-do/climate-action-note/state-of-climate.html
Because among the countries that have greatly exceeded their fair share of CO~2~ emissions, the United States is the largest economy. Your link has some data relevant for future predictions and policy targets. However, when discussing climate reparations we must look elsewhere: cumulative CO~2~ emissions, technological and economic development, and vulnerability to climate change.
Europe and its settler colonies went on a global rampage for centuries. They built the largest human trafficking operation in human history, enslaving tens of millions of Africans. Wherever they went, they stole people's land, killed them when they fought back, and then took all of their resources as well. This still exists to this day, but in a less overt manner. It is why we have "developed" countries and "underdeveloped" countries. In reality, we mostly have exploited and exploiter countries. The loot from Africa, Asia, and the Americas kickstarted capitalism in Europe and the settler-colonies, and industrialization via fossil fuel extraction followed thereafter. The cumulative CO~2~ produced by these countries is not consistent with 1.5°C of warming, yet they expect the countries that they destroyed and left poor to do better while barely helping at all. To make matters worse, the exploiter countries continue to pollute, locking in more global warming. This will inevitably hurt equatorial regions more than themselves.
The US does have stacks of cash, and a decent industrial base as well. With a change of heart (lol), it could embark on a rapid renewable rollout as well as green, non-predatory international finance. Unfortunately, the only country doing something like this is China, which ironically has not wildly overshot its fair share nor engaged in colonialism. Still, China will probably exceed this fair share threshold. If the West was truly concerned about climate change, climate colonial reparations would have begun a couple of decades ago.
https://goodlife.leeds.ac.uk/atmospheric-appropriation/
Good luck squeezing blood from that stone.
What? Are you talking about oil? We need to be doing less extraction of oil, not more.