Tag Archives: COP28

Tom Arms’ World Review

United States (1)

Rudy Guiliani is broke. Georgia election workers Ruby Freeman and Wandrea “Shaye” Moss wish Trump’s top legal adviser wasn’t. A US court has ruled that Guiliani has ruined their lives when he publicly and falsely accused them of tampering with Georgia election ballots.

This Friday a jury of eight was considering whether or not to grant their request for $43 million in damages. An award, which will almost certainly be academic.

Three divorces, a lavish lifestyle and backing Donald Trump’s election lie has destroyed the 79-year-old’s fortune.

The former Mayor of New York was a presidential  candidate in 2007. As such he had to reveal his assets. He said he was worth $18 million. Court accountants believe the figure was probably closer to $70 million. In 2017 he was earning $10 million a year in speaker’s fees alone, and had been doing so for more than 10 years.

He enjoyed the money. According to court documents, Rudy Guiliani in 2017 owned six homes, belonged to 11 country clubs and spent $12,000 a month on cigars.

The fall started with divorce from his wife Judith.  She took a big chunk of his assets and alimony payments of $43,000 per month. But Giuliani’s biggest mistake was joining Donald Trump’s personal legal team in 2018.

By 2020 he was his top lawyer and closely connected with Trump’s election lie. This led to a $10 million defamation suit by an ex-employee and additional law suits from election computer manufacturers Smartamatic and Dominion Voting.

In 2022 the Internal Revenue Service took out a lien on his Florida condo because he had failed to pay $500,000 in taxes. In August of this year his own lawyers sued him $1.4 million in unpaid legal bills. His current net assets are $1 million. His known current liabilities (and there are more to come) are $1.9 million. He is bust. Backing Trump has a price.

United States (2)

Republicans may be shooting themselves in the foot over their planned impeachment of President Joe Biden.

There seems to be little doubt that the president’s son Hunter is guilty of a number of bad things. But despite months of deep digging by Republican congressmen, no one has been able to uncover a shred of hard evidence linking the president to his son’s business dealings.

Nevertheless, the Republican-dominated House of Representatives appears determined to start impeachment proceedings against President Biden.

Impeachment is a serious business. It takes a lot of time and effort. While an impeachment is in progress Congress is focused on little else. That means debates over government spending, immigration, Ukraine, Israel and climate change are all put on the legislative backburner.

These are all important issues for the American electorate. They will not thank Republican congressman for ignoring their interests to pursue a political vendetta without evidence to back it up.

Ukraine

It has been a bad week for Ukrainian President Volodomyr Zelensky. In Washington he hit a brick wall in an attempt to release $61 billion in aid.

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Green Book Pod 2: the net zero debate

As the world’s nations gather for COP28, we need no reminding that climate change is the biggest threat to humanity.  It is directly contributing to humanitarian emergencies from heatwaves, wildfires, floods, tropical storms and hurricanes and they are increasing in scale, frequency and intensity.

How should the UK – and politicians vying for office – respond?

Polling by More in Common consistently shows that British voters see “climate change and the environment” as one of the top three issues facing the country.  This is a remarkable increase from just a few years ago.

But the UK is doing nowhere near enough to meet its legally binding “net zero” target – to reduce greenhouse gas emissions by 100% from 1990 levels by 2050.

Over recent months, Rishi Sunak has backtracked on key net zero policies as he tries to draw new political dividing lines.

Labour have promised a multi-billion-pound green prosperity plan, but they keep pushing back its timetable and planned scope.

And what about the Liberal Democrats?  In the mid-1990s, we were the first UK political party to publish a comprehensive programme to address climate change.  Sixteen years ago, we were the first to set a net zero target for 2050.  Liberal Democrats in coalition presided over a quadrupling of renewable energy and established the world’s first Green Investment Bank.

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Loss and damage deal agreed at COP27 in glass half empty conclusion

It was always expected that a deal on tackling climate change and compensating for its consequences would go to the wire. And indeed, beyond the wire with the Conference of the Parties overrunning from Friday until an agreement early this morning.

There is still unpacking to do on what was achieved. But the glass is perhaps half full as the developed world has agreed to the principle of reparation for loss and damage for extreme climate events, such as the extraordinary flooding we have seen in Pakistan recently and the extreme drought in Africa and elsewhere. But the glass is at least half empty because there is no money on offer. That will have to decided at a future COP or decided on an ad hoc basis (which is what is done with overseas and emergency aid anyway).

The glass is very much half empty because there seems to have been no commitment to an ending of fossil fuel use, even among rich nations such as ours and the USA. The agreement today is for phasing down fossil fuel use, not phasing out. It is not clear that limiting global warming to 1.5° is now achievable. That of course will lead to more reparation payments, providing those countries responsible for most historical emissions pay up.

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