Was the Paris Summit on climate and finance a disappointment due to lack of deal on global shipping tax?

06/23/2023 β€’
Was the Paris Summit on climate and finance a disappointment due to lack of deal on global shipping tax?

Yes β€” Based on the comments, a majority expressed disappointment and frustration at the lack of a deal on a global shipping tax. They view this as a setback in addressing climate change, alleviating the debt burden on vulnerable countries, and holding shipping companies accountable for their environmental impact.

Stats
91% 69 Twitter
4% 3 4Chan
3% 2 Reddit
3% 2 Hacker News
43% Positive
38% Neutral
19% Negative
49% πŸ˜ƒ Joy
28% 😑 Anger
24% 😱 Fear
0% 😒 Sadness
0% πŸ₯° Love
0% 😯 Surprise
πŸ˜ƒ
😑
😱
Story
  1. The Paris summit on climate and finance ended without an agreement on a global shipping tax, triggering a range of reactions from disappointment to optimism.
  2. Despite the lack of deal, some people highlight the summit's progress towards easing debt burdens on vulnerable countries and freeing up funds to combat climate change.
  3. A central focus of the summit was the pursuit of climate action goals, such as the $100 billion goal set at the Copenhagen Summit in 2009, with economists at the summit announcing a strong chance of achieving this target.
  4. Commenters also emphasized the urgency of implementing a global shipping tax to hold shipping companies accountable for their environmental impact and to fund climate change mitigation efforts.
  5. A significant portion of people showed support for low-income countries' push for a complete overhaul and freeing up funds to fight climate change, viewing this as necessary for global environmental crisis management, social justice, and financial stability.

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