Of course rich nations are failing to fulfill their obligations to create a $100 billion "Climate Fund", and of course developing nations will use that failure to avoid their obligations to reduce carbon emissions. Newsflash: climate politics is all a scam.

First world donors have been busily relabeling other foreign aid as contributions to the climate kitty. For developing countries, this is a cheat--they expect $100 billion in new money.

Or, to put it more accurately, they are not nearly stupid and naive enough to believe the lies Western diplomats tell when trying to bamboozle naive green voters at home that they are "Doing Something" about climate change. So they don't really expect all that money, but hope to use these commitments to pry something out of the West. Also, since the West will certainly default on these bogus commitments, developing countries have all the justification they need to blow off their own commitments when the time comes.

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