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Posted Fri Nov 6 2009: from Climate Wire:
Climate Insurance Is in the Cross Hairs as Negotiators Prep for Copenhagen
Advocates for nations vulnerable to climate change are accusing the United States of trying to "kill" a prominent global warming provision that would create a massive insurance program for countries that face rising destruction from natural disasters. The controversial measure -- which currently is part of the voluminous draft treaty text leading up to international climate talks in Copenhagen -- seeks financial payments for countries that might slip underwater sometime this century, as well as for those that increasingly suffer from drought, floods and cyclones. The program could cost the United States and other developed nations billions every year, and perhaps amount to an admission that Americans are largely responsible for warming the world.
[Read more stories about: economic myopia, global warming, governmental idiocy]

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